 The 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
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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 years. Link |
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 |
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