Here is why procurement should not be reactive but proactive At larger OEMs procurement is designing a template for strategic and collaborative sourcing: Manage the supply base. Evaluate and select suppliers based on collaboration with design teams Managing the supply base includes, evaluating new technologies and products from key supply partners Recommend new suppliers to… Read More
Analog Acquisition and Allied’s New Directors
There’s a lot going on in the industry. Analog Acquisition and Allied’s New Directors. Let’s start with Analog Devices acquiring Linear Technology for $14.8 billion, continuing the trend of big consolidations within the semiconductor sector. ADI reported annual semiconductor revenue of $3.4 billion in 2015, while LLTC revenue was $1.4 billion. After examining the potential… Read More
Avnet Expands with Acquisitions in Asia
Avnet expands with acquisitions in Asia. Both Avnet and Premier Farnell announced acquisitions in Asia in July, adding to each company’s global product and service offering. Avnet, Inc. announced its offer to purchase all outstanding shares of Internix, Inc., a publicly traded company on the Tokyo Stock Exchange. The deal expands Avnet’s electronic components distribution… Read More
Known Challenges for Sourcing Electronic Components
The market for sourcing electronic components has known challenges that affect productivity in the design to purchasing cycle, such as: Traditional bulky print catalogs focused on look-up by manufacturer name or product category and distributors moved massive parts databases online. Distributors are always looking for ways to market themselves to meet high quotas set by… Read More