Robert Miller, President of Future Electronics, a global leading distributor of electronic components, is focused on helping customers set new trends and save money with strategic supply chain solutions.
Moving manufacturing off-shore has been a trend for many years in the electronics industry. Production has moved to low cost manufacturing areas around the world, including Mexico, Eastern Europe, China and Southeast Asia to name a few.
But there is a new trend of keeping or returning manufacturing to the Americas. Known as re-shoring, the trend has begun as companies look at their total costs of production, including the cost of managing the program, the challenges of communication, the risks to supply chain and product integrity, and the risk of stolen intellectual property. However in order to manufacture in the Americas and be competitive, customers must find ways to save money and make local production more affordable than using overseas options.
This is where the Future Electronics Strategic Supply Chain Solutions team can help. Often the savings from improving a customer's supply chain can be enough to make the total cost of manufacturing less than an overseas solution. These savings include having less money tied up in inventory, speeding up time to market, reducing obsolete and excess inventory and guaranteeing supply and therefore improving the efficiency of their manufacturing facility.
Future Electronics can bring value to a customer beyond delivering parts, by fundamentally improving a customer's business.
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 President Robert Miller, the company 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)