electronics, components, tariffs

Tariff & Supply Anxiety Increase Even as Manufacturing Grows

U.S. manufacturing activity accelerated in June—but so did anxieties around electronic component shortages and tariffs. The Institution for Supply Management’s leading production index, the PMI, increased by 1.5 percent in June to 60.2. However, electronic component constraints are being felt across multiple manufacturing sectors. “Electronic component supply issues continue to disrupt production,” a transportation industry…

EDI, trade platform

TrueCommerce Levels the EDI Playing Field For Small Businesses

Electronic data interchange (EDI) has been a staple of the electronics supply chain for decades. EDI links are used between component makers, distributors and end-customers to share data crucial to managing the supply chain—price, orders, lead times, availability, transaction records, replenishment signals and more. Historically, though, these links have been customized, meaning partners essentially had…

sensors

How Sensors Are Moving Materials Handling Toward Safe Automation, Part 2

This is the second article in a two-part series The Industry 4.0 revolution is enabling new levels of automation, including a new generation of sensors-rich automated guided vehicles (AGVs) for use in the first wave of smart manufacturing and distribution facilities. This revolution also requires new ways of thinking across all aspects of materials handling, especially…

How Sensors Are Moving Materials Handling Toward Safe Automation

This is the first article in a two-part series The Industry 4.0 revolution is enabling new levels of automation, including a new generation of automated guided vehicles (AGVs) for use in the first wave of smart manufacturing and distribution facilities. This revolution also requires new ways of thinking across all aspects of materials handling, especially when…

shortages, warehouse, manufacturing,

U.S. Manufacturing’s Humming—Except for Shortages and Tariffs

U.S. manufacturers that rely on access to electronic components are on the brink of not being able to fulfill their customers’ orders. But manufacturing is still humming: The Institute for Supply Management’s leading factory index, the PMI, increased by 1.4 percent in May to 58.7. However, comments from the computer and electronics sector indicate OEMs…

Electrocomponents FY 2018 Sales up 12.8%

Strong results and new initiatives to drive future growth and profitability Highlights 2018 2017 Change  Like-for-like change1 Revenue £1,705.3m £1,511.7m 12.8% 12.8% Adjusted2 operating profit £177.1m £133.2m 33.0% 28.1% Adjusted2 operating profit margin 10.4% 8.8% 1.6 pts 1.4 pts Adjusted2 profit before tax3 £173.1m £128.0m 35.2% 30.0% Adjusted2 earnings per share 28.4p 21.0p 35.2% 29.7% Adjusted2 free cash flow £105.1m…

Electrocomponents Acquires MRO-Solutions Provider IESA

In line with our strategy to build out our value-added service proposition, Electrocomponents plc is pleased to announce that it has reached agreement to acquire IESA, a leading provider of value-added services to industrial customers for a cash consideration of £88 million. Acquisition of leading corporate MRO(1) marketplace provider of value-added services Significantly enhances the…

Group Purchasing Gives Buying Power to SMBs

Anyone who is in procurement knows that high-volume purchases mean discounts and oftentimes, leverage. Most small businesses don’t have the need – or the pocketbook – to achieve either. However, when small businesses combine their resources for group purchasing, their negotiating position is significantly strengthened. UNA, launched in 2012, is one of several group purchasing organizations…