The formation of CEDA should be seen as a major positive step not only in China, but by companies that do business in China and use Chinese companies as a part of their supply chain network.However, as with any organization and assoociations with many founding members representing numerous types of companies, the amount of progress that will actually be made on the ground could be very slow, if any progress at all.Standards and active communications and positive actions don’t happen overnight, but let’s hope for the best for now.
Thanks for very important news from the market perspectives.
@Barbara: I have noticed members' foundation are a mix between local companies and others from West; due to cultural differences between China and West, do you think CEDA foundation in its purpose has conceived specific methodologies to support trading approaches and actions there?
Hi--I know some of the founding companies have had a long history in China--"long" being 15 years or so. I think the participation of domestic (Chinese) companies in the organization speaks to the commitment they have in standardizing some policies and practices.
Thanks for the info. This is really a significant development, but I am not sure why it took so long to form CEDA.
“The alliance will bridge electronics distribution industry and government bodies so that we can leverage more on building industry rules and acquiring supporting policies in future.”
As George pointed out in his previous blog "China, the involvement of key government officials is a prerequisite to anything of consequence being done". So if CEDA brings about change in the industry rules, build suporting policies, it will definitely help the companies who want to explore the chinese market.
This is one more example of the china growth in the technology area. It is a great value for the chinese manufacturers to have the association founded by the chinese companies. CEDA will certainly play huge role in helping out the electronic components growth in china.
The biggest challenge for CEDA will be to work in the alliance with the government entities mainly to work hand by hand with the design houses since most of them established in TW. Some of the western companies have around 60%-70% of their supply chain in the China Market one of the good business practices will be to involve their strategic partners overseas.
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.
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.
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.