The most trusted source of electronic component market intelligence
The most trusted source of electronic component market intelligence
GDP dynamics – An important factor for developing supply chain strategies Manufacturing sector has been the growth engine of the global economy for the better part of the last two centuries. The transition from an agrarian to manufacturing economy is…
Is risk a synonym for uncertainty? The thesaurus in Microsoft Word suggests that it is and a Google search confirms it however, when thinking about managing supply chains, there are a different set of actions for risk than those taken…
Is the current distribution model sustainable in the future? To answer this question, let us re-examine whether the three prerequisites mentioned in WILL ELECTRONIC COMPONENT DISTRIBUTORS DISAPPEAR? (PART 1) will continue to exist for the distribution businesses. Re-cap of the prerequisites:…
In October, I attended the i2030 National Manufacturing Summit in Ottawa Canada, co-hosted by industry groups the CME (Canadian Manufacturers and Exporters) and the CMC (Canadian Manufacturing Coalition). The agenda was geared towards manufacturers and, considering our customers worldwide are…
Undoubtedly, electronic component distributors have contributed to the tremendous development of the electronic manufacturing industry for a long time. Being the middleman between electronic component manufacturers and buyers of components, distributors provide value to both parties, allowing them to maintain…
What is ethical sourcing? Essentially, adoption of ethical sourcing reflects the respect to the people and our plant. Ethical sourcing gets rid of the outdated opinion of making profits by solely focusing on needs of end customers in terms of…
Any principled sourcing manager, if asked, should raise Ethical Sourcing to be a top priority. It is one of those things that makes obvious sense from a human condition perspective but has not yet been used as a differentiator by…
The problem of identifying suppliers with a high risk of failure is becoming more serious as talks of interest rate hikes and free trade agreement dissolution become more common. While this blog considers suppliers in an electronics supply chain, the…
In this article, I summarize some points from a lecture that I gave at Hong Kong University in 2014; it drew on a blog I wrote in 2013. I repeat some of the ideas from that blog here because I…
Is there such a thing as an ideal purchasing professional and, if so, what traits do they possess? I believe there is such an ideal – I have met several of them. In my work with price and organizational benchmarking,…