August 18 ECIA Newsletter

Member of the Week: Mel Foster Company

Congratulations to the Mel Foster Company as ECIA Member of the Week!

The Mel Foster Company heritage - since 1924 - is rooted in a commitment to providing innovative solutions to their customers, principals and partners. Mel Foster was one of the earliest rep firms to have a distribution manager, field application engineer, a website, and use of hardware/software tools in the business.

Today, Mike Swenson heads up the 100% employee-owned company.  Guided by his leadership, they have focused their efforts on having one of the largest customer-focused electronics component sales forces in the Midwest, driving more relevance and resources to companies they work with. These efforts have been supported through a of number rep firm acquisitions, now with operations spanning 15 states.

Mike and his team have been active in ECIA since its start in 2011. Mike currently serves on the Independent Manufacturer Rep Council and has participated and led several committee initiatives, most recently on Best Practices for Business Reviews. He has also Chaired the Executive Conference.

Mel Foster Company embraces new technologies and continues to lead the industry in forward-thinking marketing efforts. It is one of the most respected technology manufacturer representatives in the U.S.

ECIA is greatly appreciative of their active support and look forward to all that can be accomplished with their assistance!


Podcast Focuses on Business Review Best Practices with Mike Swenson, Mel Foster Company

ECIA Chief Analyst Dale Ford interviews Mike Swenson, President of Mel Foster Company. The discussion focuses on the completion of ECIA Manufacturer Representative (Mfr Rep) Council’s Business Review Best Practices research.  The Business Review Study Group was tasked with finding out what makes a successful business review meeting among electronic component channel partners. To access the Business Review Best Practices study results, go to the Business Reviews Best Practice page on the ECIA website.  Listen in to hear the podcast on the Channel Channel or wherever you access podcasts. 


August Webinars:  SCIP Database Requirements & Workplace Disruption Panel

Webinar: SCIP Database Requirements

Wednesday | August 25 | 11:00 AM Eastern | Register Today

ECIA is pleased to partner with Assent Compliance for an informative webinar. Companies around the world, including those in the U.S., are now impacted by a new regulatory requirement to submit data to the Substances of Concern In articles, as such or in complex objects (Products) (SCIP) database. While mandatory for those in the European Union (EU), U.S. companies are facing data requests from their European customers so that they can meet their SCIP obligations. Click here to register.  

Webinar: The Workplace Post Pandemic -  How Business Operations are Changing

Thursday | August 26 | 1:00 PM Eastern | Register Today

ECIA and the GIPC have a work group of 10 companies meeting to research and discuss the ever changing workplace due to COVID-19. They recently developed a business operations survey to determine adjustments being made due to COVID-19 and to better understand how electronic component companies were handling post pandemic changes and changes due to the recent surge with the DELTA Variant.

Join us for a webinar on Thursday, August 26, 2021 at 1:00 p.m. EST .   Dale Ford, ECIA’s Chief Analyst, will present the survey results followed by a panel discussion with work group members to get their insights. ECIA will launch a survey of all ECIA members on September 15th to update this research. Click here to Register.

ECIA Research & Analysis 

ECIA is pleased to offer its members insight into the industry and a variety of market trends information. Members can log into the website and visit the Stats & Insights page to access an increasing number of statistical reports. Some are available to the public, some to members and others are only accessible to those who participate in the survey.

Reports released this week include:

·       Component Lead Time Report – July 2021(Members & Public)  
·       Discrete Semiconductor Americas DTAM Report – Q1 2019 to Q2 2021 (Participants)
·       North American Sales & Bookings of Capacitors – Q2 2021 (Participants & Members)
·       TPC Semiconductor Market Survey – July 2021 (Members)
·       AFDEC UK & Ireland Monthly Statistics – June 2021 (Members) 
·       North America Monthly IP&E Components Index – July (Members) 
·       North America Weekly IP&E Components Index – Week 31 (Members) 


ECIA Welcomes Stephanie Tierney! 

We are excited to announce that Stephanie Tierney has joined the staff as Director of Marketing Communications and Member Engagement. Stephanie Tierney has been in the tech industry for over 15 years with seven years of association and membership engagement experience specifically in the electronic components industry. Ms. Tierney will work alongside Debbie Conyers, currently ECIA Vice President of Member Engagement, for the remainder of 2021, enabling a smooth transition for the association when Ms. Conyers retires at the end of the year. Welcome Stephanie!


ECIA's Executive Conference - October 24-26 - Register to Attend! 

October 24 - 26 | Loews Chicago O'Hare | Register Today

The ECIA Executive Conference brings together senior management teams from the electronics industry's leading companies - representing the entire supply chain - to understand and address cross-enterprise challenges. Charting the Course Forward will provide invaluable insight on innovative solutions and strategies to transform your business.

Join your peers for this in-person event with a program that captures the industry’s main challenge: to imagine and prepare for post-pandemic business conditions where continued volatility and supply chain disruption are bound to be the new normal. The program reflects the enormous task companies face as they map their strategic plan for 2022.