Future Electronics, a global leading distributor of electronic components founded in 1968 in Montreal, Quebec, Canada by Robert Miller, hosted a Strategic Supply Chain Solutions conference at the company's worldwide corporate headquarters in Montreal from April 11-15, 2016.
The conference focused on discussing the biggest issues facing customers today and in future, and determining the right solutions to help them. The Future Electronics team, under the leadership of the company's President, Robert Miller, understands that many customers' challenges stem from market condition changes. In addition, costs are rising in many regions; China was once considered low cost, but with a strong economy come higher wages. Labor costs are rising, fuel costs have changed, and companies are rethinking their supply chain needs
Another main area of concern for many companies is visibility into their supply chain. For companies who outsource, they want to have assurance that their manufacturing partner has the right supply chain set up, that it's repeatable. Interruptions are driving the need for greater visibility. Things like earthquakes or fires cannot be anticipated, which makes supply chain security that much more critical.
Tom Galligani, Vice President of FIRST and Supply Chain Solutions for Future Electronics, explains, "Future Electronics' expert supply chain team is in a great position to mitigate interruptions, by understanding crucial factors such as the location of the semiconductor fabs, and taking into account various considerations including single production or multi production, lead-times, manufacturing capacity, part classification, common vs. non-standard."
Galligani continued, "Future Electronics places a lot of emphasis on understanding the customer's manufacturing rhythm, buying patterns, factory locations, and transportation lead times. With proven experience and knowledge on both the supply side and demand side, we are able to consistently achieve an incredible 99.5% on-time delivery rate to our customers - the highest in the industry."
For more information about Future Electronics, visit: www.FutureElectronics.com
About Future Electronics
Future Electronics is a global leader in electronics distribution, ranking 3rd in component sales worldwide, with an impressive reputation for developing efficient, comprehensive global supply chain solutions. Founded in 1968 by Robert Miller, President, Future Electronics has established itself as one of the most innovative organizations in the industry today, with 5,000 employees in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with one worldwide IT infrastructure providing real-time inventory availability and access, while enabling full integration of its operations, sales and marketing worldwide. Offering the highest level of service, the most advanced engineering capabilities and technical solutions through all stages of the design-production cycle, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.
Martin H. Gordon
Director, Corporate Communications
514-694-7710 (ext. 2236)