Electronics distributors were the focus of a recent article by Reuters, which said that the companies reported no improvement in demand except in China and a few niche areas. But the article offered some relatively positive news. The supply chain is moving again "after practically grinding to a halt."
Still, the CEO of Ingram Micro – Greg Spierkel – told Reuters that "green-shoot messages" are premature. He went so far as to say that the industry is in the worst stages, and if it has not yet hit bottom, it will in the coming months. Avnet’s CEO had similar sentiments.
The article did say that distributors expect to benefit from falling average selling prices for electronics, which should push more product to them to sell (rather than being sold direct from the suppliers). In addition, back-to-school season, coming up in a couple of months, is a high point for the year.
Electronics Distributors Say Demand Weak
Electronics distributors were the focus of a recent article by Reuters, which said that the companies reported no improvement in demand except in China and a few niche areas. But the article offered some relatively positive news. The supply chain is moving again "after practically grinding to a halt."
Still, the CEO of Ingram Micro - Greg Spierkel - told Reuters that "green-shoot messages" are premature. He went so far as to say that the industry is in the worst stages, and if it has not yet hit bottom, it will in the coming months. Avnet's CEO had similar sentiments.
The article did say that distributors expect to benefit from falling ...
Still, the CEO of Ingram Micro - Greg Spierkel - told Reuters that "green-shoot messages" are premature. He went so far as to say that the industry is in the worst stages, and if it has not yet hit bottom, it will in the coming months. Avnet's CEO had similar sentiments.
The article did say that distributors expect to benefit from falling ...
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- Filed In: Top Distributor Sectors, Subscriber Only, Free, Electrical
About the Author
Lindsay Young
Lindsay Young is the president of 3 Aspens Media, a B2B content strategy and marketing content firm that works with distributors to translate their offline expertise – online. She has more than 20 years of experience leading and producing online and print content for publications and businesses. She leads a team of 12 writers, client success managers, designers, marketing specialists and strategists to produce content that helps companies translate their benefits to key decision-makers. She was previously the editor of Modern Distribution Management.
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