RS Components Enhances Website

RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has made a number of important enhancements to its website to make the customer purchasing journey quicker and simpler. The upgrades, which include a redesign of the website header, facets of search and product pages, are all based on customer feedback to make…

Lindsley Ruth’s Top Challenges as CEO at Electrocomponents

Electrocomponents PLC must have made Lindsley Ruth an offer he just could not refuse. In addition to the plum job of Group CEO, Electrocomponents must have given Ruth a substantial package to engineer his departure from Future Electronics Inc. But now that the negotiations are over Ruth must soon face the onerous task of fortifying…

Freescale/NXP Merger a Positive For Purchasing

Mergers always create some uncertainty in the supply chain. When two suppliers come together, such as  NXP Semiconductors N.V. (NASDAQ: NXPI) and Freescale Semiconductor, Ltd., it’s usually a positive for buyers. Instead of dealing with two vendors, purchasing is now dealing with one. The same is true for distribution partners – most of the time.…

ISM: PMI Declined Slightly in Feb.

Economic activity in the manufacturing sector expanded in February for the 26th consecutive month, and the overall economy grew for the 69th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management®(ISM®)Manufacturing…

Massive $20B Components Waste Haunts Supply Chain

The electronics industry urgently needs an energetic components exchange program to help address an inventory imbalance that is distorting the supply chain and resulting in the wastage of parts valued in excess of $20 billion annually, says a top industry executive. While some companies are implementing programs for helping customers individually address the problem it…

Top 20 Electronics Supply Chain Myths

Electronics manufacturers are used to harsh cyclical downturns often caused by their reliance on unverified assumptions about industry fundamentals. Even the biggest chipmakers, OEMs and other leading supply chain players have fallen victims to these myths, many of which sound quite believable and continue to be propagated by some top industry executives. Bursting any of…

Digi-Key Kicks Global Expansion into High-Gear

Digi-Key Corp. has in recent years reported impressive sales growth of two to three times the industry average, making the electronics component distributor one of the best performing companies in its sector. It’s not slowing down. For 2015, the company projects another double-digit sales expansion, buoyed by surging adoption of its services globally by engineers,…

distributors

How Easy is Your Distributor to do Business With?

One of the most successful distributors in the electronics industry once told me something I think about a lot. This distributor, at the time, did not participate in suppliers’ design registration programs because it wanted to put as few barriers between customers and their purchases as possible.  This was very unusual. Design registration programs, in…

Use Social Media to Reduce Returns

Consumers are using social media to help them make purchase decisions.  An infographic by Invesp provides key details including that:  4 in 10 social media users have purchased an item online or in-store after sharing it or marking it as a  favorite on Twitter, Facebook or Pinterest. 50% of those purchases take place within a…

Future Bets Big on ‘Proliferation of Electronics’

Future Electronics Inc. plans to increase its investments in distribution support facilities and jack up hiring in Europe and Asia in 2015 as the company prepares to support rising “proliferation of electronics” in all areas of manufacturing, services and other segments of the global economy, according to company executives. In 2015, Future expects to more…