January 23, 2014 
Editor's Note »
BarbaraJorgensenThe former Newark catalog distributor -- now Newark element14 -- has undergone a massive transformation over the past several years. In addition to phasing in the global brand element14, Newark element14 has a new leader --  Tom Hudak. Hudak, who succeeds Paul Buckley as president of Premier Farnell's North American distribution business, believes his experience as president of Akron Brass - a Premier Farnell company and global manufacturer of high performance life-safety, fire fighting and emergency rescue equipment - for the past five years puts him in a good position to lead Newark element14 and drive growth in the North American high-service distribution space. In an exclusive interview with EPS Executive Editor Gina Roos, Hudak outlines his plans for the distribuor's future. (See: Hudak Puts Newark element14 on ‘World Class’ Track).

Not all distributors have implemented significant changes in recent years: those that have a winning strategy stick to it. One of those distributors is PEI-Genesis, a specialty distributor based in Philadelphia. PEI-Genesis has crafted a strategy by which it can turn around custom cable assemblies in as little as two days. This particular niche hasn't sparked the interest of larger, global distributors, and PEI-Genesis is taking its services into new markets. CEO Steven Fisher talks about this in PEI-Genesis Evolves While Maintaining its Niche. Among the strategies PEI-Genesis insists upon is maintaining its family-oriented culture no matter where in the world it conducts business and sticking to what it does best. That's not always easy when expanding into foreign markets where product demand and cultures vary.

At this writing, companies are just beginning to relase their fourth quarter and year-end results. Two major suppliers to distribution-- Intel Corp. and Texas Instrumts Inc. -- used the opportunity to announce cost reductions that include layoffs. Reports indicate Intel plans to reduce its workforce by about 5 percent over the next year even as it keeps capital expenditure, R&D and other operating expenses flat from the 2013 period, writes EPS Editor in Chief Bolaji Ojo in 5 Takeaways from Intel Q4 Results . Company executives said the slate of new products being lined up for the health, tablet, smartphone and home connectivity markets would help Intel resume growth, reversing the current trend that has seen revenue drop in the last two years.


EPS will continue to keep readers up to date on all the news relevant to the supply chain. We also welcome suggestions at editors@epsnewsonline.com.



Barbara Jorgensen

Featured Articles »
Micron Technology Inc. (NASDAQ: MU) is starting 2014 with a boatload of good news for shareholders in terms of its latest financial performance and outlook for the year ahead. Link

The global electronics supply chain will this year confront again some of its old demons and dozens of new ones, ranging from natural disasters to man-made misadventures, management blunders, troubled acquisitions and failing to anticipate and respond to changing market conditions. Link

Hey buyers - Does anyone remember what your priorities were for 2013? Do the words "flexibility" and "resilience" ring a bell? Guess what? Your new top job is cutting costs.  Link
The Consumer Electronics Show, (CES) is not just an event where bragging rights for first-to-market players can earn their technology stripes, but it is also an early public viewing venue for what will eventually become common household technology. Link 
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Kemet Corp. has completed the integration of advanced components from NEC TOKIN, giving the global supplier of capacitors access to electromechanical devices and other passive components. Link
Electronics manufacturing services (EMS) providers - with the possible exception of mega-EMS Foxconn - have been struggling to maintain the kind of growth they have experienced in prior yearsLink

With a few notable exceptions, lead times and prices in electronics components have stabilized since December, according to Avnet Electronics Marketing's Market & Technology Trends report for the month of January. Link  

Having established itself as a major force in the global economy, China is turning its attention to social reforms and has announced policies that will resonate throughout the electronics and other manufacturing industries. Link
News Wire»


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