Farnell publishes new whitepaper to support purchasing professionals
Farnell, an Avnet Company and global distributor of electronic components, products and solutions has today published an exclusive and free-to-download whitepaper in partnership with Supply Management Insider and the Chartered Institute of Procurement & Supply (CIPS).
The paper, titled ‘Confronting the hidden costs and challenges in your electronics supply chain’, sets out several avenues for buyers and purchasing professionals to deal with pressures in their supply chain.
Purchasers and other electronics industry professionals with an interest in driving greater efficiencies in their buying processes can download the whitepaper for free and read about the five strategies to tackle supply chain pressures and hidden costs includin
- The global semiconductor shortage.
- Increased logistics costs.
- Raw material price rises.
- Disruption to ocean freight.
- Inflationary pressures.
Mathew Thorpe, Regional Sales Director for Northern Europe, Benelux & Baltics at Farnell, said: “We understand the needs and wants of the purchasing community, the challenges they face, the solutions they require. We strive to deliver resolutions to their everyday pain-points but also to go a step further and add value at every stage.
“Farnell offers buyer-friendly solutions such as iBuy, ePass API, 2D barcoding and eInvoicing – to name just a few – which are already enabling the purchasing community to do what they need quicker and easier. We hope this whitepaper provides additional value for buyers to overcome the challenges of the industry and the global economy in 2022.”
For buyers in the electronics industry, efficiency is key. They need purchasing processes and tools to be as quick and intuitive as possible in order to save time and money. Farnell has invested in integrating these efficiencies into its online channels to ensure the buyer’s journey is as smooth and efficient as possible.
Customers also have access to a global portfolio of nearly one million products from over 2,000 world-leading suppliers available for fast delivery, as well as support from local customer service teams and in-house technical experts to help at every stage of the design process.
The whitepaper, ‘Confronting the hidden costs and challenges in your electronics supply chain’, is available as a free download heredd text here.
Free-to-download whitepaper explores strategies for coping with supply chain pressures and hidden costs
Farnell is a global technology leader with over 80 years in the high service distribution of technology products and solutions for electronic system design, production, maintenance and repair. Farnell uses this experience to support its broad customer base, from hobbyists to engineers, maintenance engineers and buyers as ‘The Development Distributor’, working with leading brands and start-ups to develop new products for market, and supporting the industry as it seeks to develop the current and next generation of engineers.
Farnell trades as Farnell in Europe, Newark in North America, and element14 throughout Asia Pacific. Farnell's global businesses are supported by a global supply chain of more than 3,500 suppliers and has an extensive inventory profile developed to anticipate and meet the needs of innovative customers everywhere. Farnell also sells direct to consumers through a network of resellers, and its CPC business in the UK.
Farnell is a business unit of Avnet (Nasdaq: AVT). Avnet is a global technology solutions provider with an extensive ecosystem that delivers design, product, marketing and supply chain expertise for customers at every stage of the lifecycle.
For more information, visit the website at http://www.farnell.com/corporate