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Cash is king. This is an idiom that has long been used to drive business decisions, but in the COVID-19 economy, it has proved particularly true. On-hand capital is the life preserver that gives companies the buffer needed to survive unexpected catastrophes, such as the worldwide economic lockdown that occurred in early 2020 as a…
OEMs are not the only companies in the electronics industry that struggle with the repercussions of last time buys. EMS providers and authorized distributors alike often are forced to tie up thousands of dollars in already limited working capital to hold large quantities of end-of-life inventory on behalf of their OEM customers. Ideally, EMS providers…
Although recent news suggests a vaccine may be on the horizon, the COVID-19 pandemic continues to be a significant threat to vast swaths of the population, especially those deemed most vulnerable. Relief for these groups quite often falls to the abilities of charitable nonprofit organizations, who in this unpreceded time, are seeing their resources severely…
Approximately eight months into the COVID-19 era, the medical device industry is still coming to terms with the effects the pandemic continues to have on manufacturing. As of this writing, the number of hospitalizations in the U.S. reached over 85,000. According to the University of Washington’s Institute for Health Metrics and Evaluation, the U.S. can…
BIS Infotech Names Mouser Global Electronic Components Distributor of the Year India-based electronics and technology magazine BISInfotech has announced that it has named Mouser Electronics Global Electronic Components Distributor of the Year for 2020. Known as the single most credible and coveted award for the electronics system design, manufacturing, and technology industry, Mouser received the…
2020 will be notable for many things, the most obvious one being the COVID-19 pandemic. Also notable, however, is the record number of natural disasters that have come to define this unusual year. Wildfires on the west coast of the U.S., for example, have devastated over 4.1 million acres this year, while countries in Asia…