Top Procurement Teams Deliver Twice the Cost Reductions

Chicago, Ill. —While strategies to control costs vary across industries, achieving cost reductions is always a concern for procurement and supply chain executives. A new study from A.T. Kearney indicates that leading company procurement organizations are at the forefront of these reductions, delivering twice the cost reduction compared to other companies through excellence in managing…

Avnet Exec to Present at 2014 CPO Exchange

Phoenix, Ariz. —Cost savings will always be at the core of the procurement organization’s role in any enterprise, but today, procurement groups can also help boost organizational performance and productivity by engaging in the development and execution of their company’s strategic direction. Lalit Wadhwa, vice president, global supply chain operations at Avnet Electronics Marketing, an operating…

Buyers Upbeat on Business Outlook for 2014

Although the pace of growth in the U.S. manufacturing sector cooled down a bit in September, the industry topped off its third consecutive quarter of expansion that month. One of the nation’s leading indexes, the Institute for Supply Management’s PMI, decreased in September by 2.4 percentage points to 56.6 percent. Nevertheless, said Bradley J. Holcomb,…

Independent Audit of Conflict Minerals Law Compliance Rare

Semiconductor vendors, most major consumer electronic OEMs and other high-tech companies largely ignored the voluntary independent audit requirement for compliance with the Dodd-Franks Conflict Minerals legislation in 2013 and this will most likely remain unchanged for 2014, according to a report compiled by Schulte Roth & Zabel, a law firm that provides advisory services to…

Who’s in the iPhone 6 Plus?

Qualcomm Inc. was again the biggest supplier of semiconductors to Apple Inc. for its newly released iPhone 6 Plus, grabbing a whopping $20 to $22 worth of components for the smartphone, according to a teardown analysis by iFixit. Other companies that also scored big wins in the redesigned Apple smartphone include Skyworks Solutions Inc., Avago…

What Do Design Engineers Really Want?

Most components suppliers and distributors say they primarily target audience electronics design engineers. Executives at these companies say engineers are the most important customers they aim to serve. The desire to serve design engineers is not in doubt what’s uncertain is how well components vendors and distributors really know what these customers really want. Just…

China Seeks to Cut its Dependence on Foreign Chipmakers

The Chinese government plans to spend as much as $170 billion in the next 10 years on developing the country’s semiconductor market as part of plans to reduce its dependence on imported electronic equipment and components. Recently renewed efforts underway in China to increase the country’s production of semiconductors for local and international consumption will…

Microchip Warns Customers to Prepare for Tight Supplies

Microchip Technology Inc. has alerted customers to possible component shortages as demand surge in multiple product segments, resulting in extended lead times and rising capacity constraints. Steve Sanghi, chairman, president and CEO of the semiconductor vendor, warned in a memo to customers that continued misalignment in orders at a time of rising demand and plant…

New Components Meet Designer, Buyer Requirements

Electronic component manufacturers are developing more and more new devices that serve double-duty roles – helping designers simplify and speed up their designs while reducing the bill of materials (BOM) and overall systems cost for the procurement teams. Here’s a sampling of some of the latest devices that play dual roles, including switching regulators, motor…