Where the Electronics Supply Chain Comes Together

The Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components. Comprised of a broad array of leaders and professionals representing all phases of the electronics components supply chain, ECIA is where business optimization, product authentication and industry advocacy come together. ECIA members develop industry guidelines and technical standards, as well as generate critical business intelligence. 

Visit ECIA's Coronavirus Resources Page

ECIA Board of Directors Annual Review & Economic Update

 

Thank you to the ECIA Board and many members that joined our recent Annual Review! We were happy to have the opportunity to brief members and the industry about 2020 initiatives and future association projects. 

Attendees heard from outgoing Board Chairman Jeff Thomson, ON Semiconductor who will hand the reins over to Frank Flynn, Sager Electronics. The Board members discussed the year’s activities and ongoing GIPC initiatives, including the Design Registration project, paperless COC, research and training initiatives, and much more. I had the opportunity to review the 2021 budget and finances. The 90-minute session ended with a report from ECIA Chief Analyst Dale Ford on recent survey and forecast data.

This annual Board review has been very popular at the Executive Conference, which had to be cancelled this year.  We feel it is important for our ECIA members to have the opportunity to hear directly from the Board about the strategy and thinking behind the decisions that have been made. I am grateful to the Board and our ECIA Staff for enabling the Association to weather this challenging year admirably. Our finances are in very solid shape, and we look forward to getting back to a more normal 2021. I encourage you and your team - make a resolution to get more involved with us in 2021! Connect with ECIA staff and learn more about making the most of your membership. 

To access the recording of the webinar and download a pdf of the presentation, please visit the ECIA webinar page: https://www.ecianow.org/webinars

David Loftus
President & CEO
Listen to the Recording/Download the Presentation 

 

November Industry Sentiment

November ECST Projects Continued Growth

Dale Ford, Chief Analyst

ECIA’s Electronic Component Sales Trend (ECST) survey that was just completed points to continued, but softer, sales growth for electronic components in November 2020 compared to October.  This follows two months of strong sales growth in September and October following a recovery in sales that began in August as measured by the same survey.  This is a very hopeful indicator that the electronics and electronics components industry is on a solid rebound after weathering the impacts of the COVID-19 pandemic earlier in the year.  However, the expectations are for softer sales growth in November compared to October.  In a typical seasonal cycle, sales would usually remain strong through both October and November.  However, overall concern about a softening overall economic environment may be influencing expectations for the near term.  Economists point to the need for another round of stimulus by the government to keep GDP momentum going.  However, action on the stimulus has been delayed by the political uncertainty leading up to the 2020 elections.

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From Our Service Partners

 

Lectrix delivers measurable ROI on marketing spend for B2B electronics companies. 

By working directly with your sales and marketing teams, their electronics industry experts produce the predictable result you’ve always wanted: a direct connection between marketing spend and increased sales. 

ECIA is pleased to be a sponsor and participant in the upcoming Lectrix virtual conference. David Loftus and Dale Ford will join a lineup of electronics industry experts to prepare for the biggest challenges of 2021 in this niche market.

REGISTER NOW FOR ENGINEERING THE CONVERSATION: A 2-day online event created specifically for sales and marketing managers in the B2B electronics industry. 

Mark Your Calendars: December 8-9, 2020

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Coronavirus Resources Page

ECIA's Coronavirus Resources page is dedicated to providing you a curated list of reputable sites and reports on the pandemic. It is updated as new information becomes available - visit it often to stay up-to-date on industry statistics, government mandates and health notifications. There is an expanded member-only page, log in to access. 

Visit Coronavirus Resources Page

 

 

 

 

Industry Dashboard

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ECST Survey

The Electronic Component Sales Trends (ECST) tracks viewpoints on the sales of electronic components and the impact on end markets by surveying ECIA members, their peers and colleagues. The surveys sample individual opinions of knowledgeable professionals in the electronics industry on current monthly/quarterly performance and a look ahead to future expectations. Please take a moment to share your opinion and complete these surveys; each participant receives the survey results report.  

  • Monthly (Note – The monthly survey is open the first three weeks of the month.)
  • Quarterly (Note – The quarterly survey is open February, May, August and November.)

Q3 Update October 19, 2020

The Global Industry Practices Committee held its Q3 update hosted by Don Elario, committee members and the SME (Subject Matter Expert) resource pool members. The Committee reported on continuing initiatives, as well as new ones launching in the fourth quarter of 2020. 

Click here to access the webinar recording. 

The agenda:

  • ECIA update – David Loftus, ECIA President and CEO
  • NA Electronic Component Sales Trends and COVID-19 – Dale Ford, ECIA Chief Analyst
  • Sales Interacting with Business Partners and Customers – Russ Dzielak, Director of Channel & Key Accounts, Phoenix Contact
  • Design Registration project update – Don Elario, ECIA VP Industry Practice
  • Paperless Process for Handling Manufacturer COC’s – Pete Shopp, SVP Business Operations, Mouser Electronics
  • Listing Authorized Distributors and Manufacturer Reps on Manufacturer’s Websites – Victor Meijers, ECIA SVP
  • Compliance & Risks webinar held on October 15, 2020 – Don Elario
  • Updating the SME resource pool in Q4 as we head into 2021 

For more information on GIPC activities, please contact Don Elario


2021 ECIA Executive Conference - Save the Dates! October 24-26 | Loews Chicago O'Hare

More than ever, we look forward to reuniting at the industry's premier executive event! 

Many presentations offered at the conference hold up in relevance year after year. Enjoy a look back at the videos from the 2019 Executive Conference.

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Newsletter

November 18, 2020