Agreed. E-commerce is the future of Components procurement. It would be so convenient for the buyers if they can upload the whole BOM and they get the competitive pricing from various distributors or manfufacturers. Also imagine how much easy it is for the design guys if they can compare the technical specification and take a decision if the buys are looking for replacement/alternatives. I agree to the statement in the article that component procurement is undergoing a revolution. And one day will come when in just one click you have all the data related to a component available on your screen.
Social networking has caught on in ways nobody predicted, and sites like LinkedIn point to a path to success for business networking. Undoubtedly the internet is something of an untapped resource for B2B commerce, in a way that could be a great advance for electronics manufacturing.
Great data and interesting blog. I agree that a lot of new business has to be coming into the industry as a result of e-commerce in terms of search engines and catalog (or small-volume/engineering) purchases. But I still think there is a disconnect between that (new business) data and volume purchases. I wonder if the industry is able to directly link that to e-commerce activity. (It must be). If so, I'm wondering how much? I'd be very interested to know.
With the increase of counterfeit electronics in the distribution chain, it is clear that many of these high-risk suppliers are employing increasingly sophisticated techniques to pass off fake components.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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