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.

Farnell, the Development Distributor, will be presenting a range of its latest technologies at Electronics & Applications 2019. Farnell will exhibit at Stand 7C032 Jaarbeurs Exhibition Centre, Utrecht, Netherlands, from 14-16 May, Hall 7.

Visitors to the stand can view a wide range of new and popular products from leading suppliers including Tektronix and Klein Tools, who will join Farnell on stand to demonstrate their latest products. Farnell will also showcase two demo panels featuring an intelligent virtual assistant device, and a facial recognition product powered by Raspberry Pi.

Technical experts will be on stand to talk to customers about how they can accelerate their time to market by utilising the latest technologies, insights and support from Farnell. Visitors will also be able to discuss the benefits of accessing the unique ecosystem of support provided by Farnell as part of the Avnet organisation – from its maker to market service and full design and manufacturing support, to scaling for volume production.

Mathew Thorpe, Regional Sales Director for UK, Ireland and Benelux at Farnell said: “At Electronics & Applications 2019, Farnell will be displaying market leading technologies that will help design engineers and businesses bring their products to market faster than ever before. Our recent investment in inventory means that Farnell customers can now access our largest range of technologies, all available with same day shipping from our warehouses in the UK and mainland Europe. We look forward to meeting with customers on stand to discuss how working with Farnell could help them achieve their goals.”

Electronics & Applications attracted over 4,000 visitors in 2017 and is the meeting place for engineers, designers, developers and anyone seeking a design solution. For more information, visit https://fhi.nl/eabeurs/.