Global electronics distributor making significant investments in stock to support customer demand
Chicago, United States, 4 May 2017 – Newark element14, the high-service global electronics distributor, will be sharing how it supports its customers and suppliers as the Development Distributor at the Electronics Design Show 2017.
Taking place May 15-19 at The Mirage Hotel & Casino in Las Vegas, the event brings together the brightest minds in electronic components manufacturing and distribution to exchange ideas, discuss new opportunities and shape the future of the industry. As the Development Distributor, Newark element14 supports customers at every stage of the development journey, working with the smallest start-ups to the largest manufacturers to bring products to market, providing a unique end-to-end service from research and design right through to production and maintenance, all in one place and accelerating speed to market.
Chris Breslin, SVP product at Premier Farnell said: “Newark element14 has been delivering a high service distribution service to customers since 1934, from early days of catalogue distribution right up to today where we tailor a multi-channel offering to suit our customers’ needs. As the Development Distributor, Newark element14 works with customers and suppliers to develop people, products and businesses that shape the technology of tomorrow.
“We offer our customers one of the broadest ranges of board and system level products in the industry, built on long-standing and strong relationships with over 3,000 suppliers and enhanced by deep knowledge of the industry and demand trends. We continue to expand our product range for North America customers: over the past 3 years we have invested $34 million in additional stock and we continue to make further investment to expand our SKU offering. We have also enhanced availability of high-demand products within North America – either through our direct ship programme or by moving stock to North America to satisfy demand whilst also reducing delivery times for customers.”
Newark element14, as a global business provides access to over 600,000 products on demand with over 900 new products added each week. As the source for the best electronics products and solutions, supplied by the industry’s top brands, Newark element14 will showcase its global capabilities, sales partnerships and differentiated services – such as kitting, customer switches and panel meters, and design engineering support.
Newark element14 also boasts the first and largest online community of design engineers and technology enthusiasts, element14, with more than 470,000 active members. Individuals around the world have come to depend on element14 as the premier source for new product information, project support and a place to interact with the industry’s leading experts. For suppliers, the element14 Community presents a unique opportunity to connect with customers and gain critical insights into the real-world project needs of everyday engineers.