ECIA Foundation Announces E-Learning Program
The ECIA announced a new e-learning program scheduled to launch with two modules in August 2021, followed by three additional modules by year end.
Manufacturing Optimism Grows for Remainder of 2021
Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…
ECIA: Component & Product Demand Surges to Dramatic High
Optimism in the electronics market is surging, according to ECIA, bolstering data from a national manufacturing index that reached a 37-year high in March. The ECIA’s Electronic Component Sales Trend (ECST) monthly survey, which assesses month-to-month sales growth sentiment, leapt up between 26 and 27 points in component and end-market measures from February to March.…
Managing the Semiconductor Shortage of 2021, Part 2
A perfect storm of events have converged to create the semiconductor shortage of 2021. High-level collaboration across the electronics supply chain could make the deficit less painful, experts say. Shortages often prompt less-than-optimum purchasing behaviors. Competitive bidding for inventory drives prices up. Exceptions to approved vendor lists become common. And double-ordering – where purchase orders…
Managing the Semiconductor Shortage of 2021, Part 1
The burgeoning semiconductor shortage of 2021 hit chipmakers “like a ton of bricks,” according to one distributor. Of course, that’s not the phrase semiconductor suppliers would use. But the supply chain is in the midst of a perfect storm. A convergence of events is creating what’s expected to be a shortage of CPUs, MPUs, memory,…
Avnet Closes Chapter on TI; Doubles Down on Digital
On December 31, Texas Instruments Inc. and Avnet Inc. formally end their 40-year distribution relationship. Avnet’s success in replacing that business – estimated at 10 percent of Avnet’s sales — will be evident in the future, said Phil Gallagher, who was named Avnet’s CEO on November 23. Avnet’s fiscal 2020 sales reached $17.6 billion. TI…
Electronics Execs Optimistic as 2020 Draws to an End
The idea that the electronics industry would close the year on a high note seemed absurd 9 months ago. But like the manufacturing sector writ large, the supply chain has bounced back from the worst of coronavirus pandemic. “In spite of serious concerns about both supply and demand impacts in the early stages of the…
Electronics End Markets are Rebounding: Will it Last?
The global coronavirus has upended many of the metrics used to forecast supply, demand, economic activity and financial stability. Two electronics associations – the IPC and ECIA – report electronics markets are recovering, but forward momentum is decelerating. “The economy improved over the last month, but it is clear that momentum is slowing and future…
Supply Chain Outlook Rallies but Concerns Linger
In spite of Covid-19 case numbers rising in the U.S., optimism in the electronics and manufacturing industries is improving. ECIA’s latest supply chain survey on the impact of the virus points to lessening concern over component supply. Additionally, the U.S. manufacturing index has increased for 3 consecutive months. Developments over the past month on Main…
ECIA Covid-19 Survey Reveals Concerns are Easing
As the coronavirus/Covid-19 pandemic continues to impact the electronics components supply chain, the most recent data from ECIA’s survey of manufacturers and distributors yields a picture of modest overall improvement and stabilizing results, according to Dale Ford, ECIA’s Chief Analyst. The results reflect the hopeful economic uncertainty that still exists even as many states have…