counterfiets, electronics, components

Counterfeit Reports Fell in 2017; 2018 Trend Unclear

Incidents of counterfeit electronic components dropped dramatically in 2017, according to ERAI Inc., a global organization that monitors, investigates, and reports issues affecting the supply chain. ERAI reported a total of 771 suspect counterfeit and nonconforming parts in 2017, which shows a marked decline from prior years. The organization is cautious, however, about drawing too…

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…

Deloitte - chief procurement officer survey

Procurement’s Biggest Priorities: Cost, Risk, & New Product Development

Cost reduction, new products/market development, and managing risks continue to be the biggest priorities for procurement leaders, according to Deloitte’s global chief procurement officer (CPO) 2018 report. These leaders also are working to better align procurement and business priorities to deliver value by focusing on strategies such as consolidating spend, reducing total life cycle/ownership costs…

Arrow Electronics: A Necessary Evolution in a Perilous Market

Arrow Electronics Inc. is knee-deep in the most consequential evolution in its history, one that has the potential to result in a complete transformation of its business and heavily impact the entire electronics value chain by forcing a reshaping of the design, engineering, new product introduction, procurement and the entire supply chain. Once finished, the…

Purchasing Execs on 2018: ‘Steady as She Grows’

Even as a pro-business tax reform bill awaits its fate, U.S. manufacturers are investing toward growth. Capital expenditures by U.S. factories outpaced expectations in 2017 and will increase further next year. U.S. manufacturers experienced 11 straight months of growth from January through November, driving the nation’s 2017 purchasing index to 57.4 percent from 51.5 last year.…

Hybrid Distribution Model Proliferates

Whether it’s called the open market, independent or non-franchised distribution, the channel that buys and sells excess and obsolete electronic component inventory has changed. A growing number of companies in this niche have ratcheted up their procurement and quality-control practices to the extent that component suppliers and many OEM customers acknowledge independents as a vital…

China Semiconductor Quest: The Last (but) Most Contentious Frontier

China’s desire for a bigger share of global semiconductor production will trigger massive changes in the industry, force further consolidation in the sector and accelerate the re-ordering of the electronics supply chain. EPSNews believes electronics makers must develop a viable response to China’s objective and work with the various governments involved to avoid a partitioning…