Electronic Component Distributor and Supplier, 1-Source Electronic Components, Maximizes Procurement Results Despite

* Reuters is not responsible for the content in this press release.

Thu Jul 30, 2009 6:06am EDT

  PORT JEFFERSON STATION, NY, Jul 30 (MARKET WIRE) -- 
Following double-digit declines in unit shipments of key system markets,
low utilization rates, and price erosion within the chip market, more and
more OEM and CM distributors have become concerned about efficiencies in
supply chain management. In response, 1-Source Electronic Components, a
leading electronic component distributor and supplier, and the
distribution arm of the 1-Source group of companies, has ramped up their
efforts, rapidly responding to real-time production requirements and
real-time market pricing in order to maximize procurement results.

    "We have poised our business to respond to our customers' needs for
just-in-time inventories and product availability," said Bruce R.
MacArthur, COO for the 1-Source group. "The independent market is playing
an important role in managing just-in-time inventory and bringing
efficiencies to our OEM, CM and distributor partners while the
semiconductor market begins to stabilize."

    The semiconductor market, which is tightly correlated to GDP, is not
expected to reach an inflection point until GDP rises, worldwide
manufacturing rebounds and consumer confidence is reflected on Main
Street. With demand visibility low, utilization rates at stagnate levels,
and supplier inventories growing because of deteriorating demand targets,
1-Source does not anticipate year-over-year growth for semiconductor
revenues until the second quarter of 2010.

    "In the current market, people are less prone to do scheduled buys, which
makes usage of an independent electronic components supply chain
absolutely essential," said MacArthur. "With faster real-time production
requirements and real-time market pricing, our cost of procurement is
significantly less than other companies, making 1-Source an asset to many
OEM and CM distributors."

    For additional information, or to buy electronic components, visit
www.1SourceComponents.com.

    About 1-Source Electronic Components:

    With over $1 billion of available inventory, 1-Source Electronic
Components is the one-stop electronic component distributor and
electronic component supplier for all board-level electronic, electric,
and interconnect components. The 1-Source Electronics group of companies
provides a full suite of services to the electronics manufacturing
industry. It is a franchised distributor of electronic components as well
as a sourcing and procurement agent for hard-to-find, obsolete, and
allocated parts. In addition, it provides excess inventory consignment,
electronic engineering and product design services, prototyping, contract
manufacturing, handheld portable computing products, and software
application development services.

    

Contact:
1-Source Electronic Components
800-966-8826
631-642-2470

Dina Huben
631-642-2479 ext. 204

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.