Distribution: More M&A on the Way

The stage is set for a new round of consolidation in the electronics components distribution market. Though still suffering from the effects of margin pressures, supplier and customer consolidation, commoditization and an almost morbid obsession with design engineers, distributors are about to embark upon the latest in a string of M&A actions that will improve…

Purchasing Survey: SMBs Bullish on 2017

U.S. small-and-midsized manufacturers expect to end 2016 with increased revenue, moderate capex investments and more employees, according to the PrimeAdvantage 2016 annual Purchasing and Manufacturing survey. Overall, data points to strong and sustainable growth for the broader U.S. and North American economies. Strength in mid-market manufacturing is yielding continued R&D investments for the high-tech sector,…

ISM Hosts Procurement Event on October 13

Attention procurement and supply chain professionals: in today’s business environment, you have the opportunity to influence the most business-critical issues our organizations face today, and senior management is listening! In fact, according to CAPS research, 82 percent of Fortune 500 CPOs surveyed have direct access to their CEOs, up from 60 percent in 1999. But,…

A Year in Distribution: America II Looks Back and Ahead

In terms of the general global economy in 2016 it’s hard to identify many coherent overall trends. The broad economic picture has felt fairly flat as reported by most industry associations, with neither astronomic growth nor considerable decline. While there have been minor ups and downs, concerns around major slowdowns in the US, Asia and…

Avnet Doubles Down on Temporary Turmoil; Will it Work?

Perhaps Avnet Inc. should not have built a technology system sales and support unit to complement its core electronics components distribution operation but by agreeing to sell the division to Tech Data the company has layered on another level of complexity to an already challenged business, thereby increasing the likelihood of a major misstep that…

Russia Scam Spotlights Technology Export Control

It reads like a spy novel. A dual U.S.-Russian citizen admitted to operating as an unauthorized agent of the Russian government and exporting leading-edge semiconductors for use by Russia’s military, Reuters reported. Alexander Fishenko, founder of Arc Electronics Inc., was among 11 people charged in 2012 in connection with what authorities said was an elaborate…