Electronicdesign 4598 Xl source40 Yellow

Future Electronics: Inventory, Expertise Make The Difference

Among the key trends shaping the electronic components industry today are inventory and expertise, says Lindsley Ruth, corporate vice president at Future Electronics.

“We’re now back in the cycle where inventory matters,” Ruth explains. “Last year that was certainly the case, and we’re seeing it again with the situation in Japan.”

This is causing customers to seek security of supply more than ever, he adds. Future addresses this issue by letting customers see the inventory that’s been purchased specifically for them in the distributor’s system.

“They can always see exactly what we have reserved for them,” says Ruth. “No one else can touch it. We’re willing to bond up to 35% of what the customer needs annually.”

In addition to inventory security concerns, customers are also increasingly looking for design assistance and solution-based selling, Ruth says.

“There is a greater expectation surrounding design from both customers and suppliers,” Ruth says. “Especially as we move to more application-specific solutions, we have to be more versed in the technology of our customers than ever before.”

Sponsored Recommendations

What are the Important Considerations when Assessing Cobot Safety?

April 16, 2024
A review of the requirements of ISO/TS 15066 and how they fit in with ISO 10218-1 and 10218-2 a consideration the complexities of collaboration.

Wire & Cable Cutting Digi-Spool® Service

April 16, 2024
Explore DigiKey’s Digi-Spool® professional cutting service for efficient and precise wire and cable management. Custom-cut to your exact specifications for a variety of cable ...

DigiKey Factory Tomorrow Season 3: Sustainable Manufacturing

April 16, 2024
Industry 4.0 is helping manufacturers develop and integrate technologies such as AI, edge computing and connectivity for the factories of tomorrow. Learn more at DigiKey today...

Connectivity – The Backbone of Sustainable Automation

April 16, 2024
Advanced interfaces for signals, data, and electrical power are essential. They help save resources and costs when networking production equipment.


To join the conversation, and become an exclusive member of Electronic Design, create an account today!