Well, the success of this will be dependent upon what Newark's customers think. We have seen big iconic name changes over distribution's history. Hamilton ring a bell?
Simple question: why not change one of the two to the other? Stay with Newark and change the other? It would create at least half of the problems... no?
Silicon = the 14th Element. That's very clever, but to me it sounds more like a code name for a new top secret IC being developed at an undisclosed foundry.
Personally I am confused by this rebranding (at least in Europe). Farnell is very well known in Europe and has a strong brand. Changing the name might cause an initial dip before the global advantage kicks in. Also there are many companies with the "moniker" Element14 so again I am surprised by the move.
I'd have to agree with you on your question "What does Element14 represent or signify?" I agree that combining your efforts under one global moniker is a smart move but currently a bit confusing. Is Premier Farnell and Newark merging under one name, Element14?
A very interesting development. I'd like to know what survey data motivated the new branding effort. What does Element14 represent or signify Without that, I'm somewhat befuddled by the new name.
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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