September 22 ECIA Newsletter

Member of the Week: ITT Cannon

We are pleased to honor ITT Cannon as Member of the Week, an ECIA member of 22 years.

ITT Cannon manufactures highly engineered harsh-environment connector and interconnect solutions. ITT Cannon operates on a global basis serving customers in the aerospace and defense, medical, transportation and industrial end markets.
 
From the invention of rack-and-panel and D-subminiature to the latest fiber-optic, composite and miniaturized connectors, the ITT Cannon brand is synonymous with innovation, reliability and quality for 100 years.

Cannon employees have played an active role on the board, councils and committees. ECIA is thankful for the years of support!


Webinar: Identify your Component Company's Actionable Sales Data (ASD)

Part 2| September 22 | 1:00 PM Eastern | Register Today 

Following part one of this two-part series, Lectrix CEO, Graham Kilshaw, builds upon finding the Actionable Sales Data metric for your business. Over the last five years, Lectrix has identified nine (9) different types of Actionable Sales Data (ASD) among the different component companies they support. In part two, Graham takes us through practical examples of the different marketing strategies and plans needed to support these different metrics and to achieve measurable growth. You can still join even if you missed part one.

Webinar: Future of the Workplace -  Post-Pandemic Trends in Office & Industrial Space

September 30 | 11:00 AM Eastern | Register Today

The global pandemic has fundamentally altered how and where people need to be located in order to complete their work. As the world has changed, so too has the future of the workplace. The work from home experiment turned out to be more successful than anyone thought and cultural norms around the importance of working in the office have changed.

Organizations are no longer just questioning WHEN their employees will return to the office, but WHO will return and at what frequency. This determination is front of mind for all organizations and begs the question on how much and what kind of space will be needed in the future to accommodate a hybrid work environment.

Please join us for a discussion with Brad Wilner and Manny Fitzgerald from CBRE on “The Future of the Workplace”.


2021 Executive Conference Cancelled 

After a long, heartfelt and thoughtful discussion, the ECIA Board of Directors has made the very difficult decision to cancel the 2021 Executive Conference scheduled to take place October 24-26 at the Loews Chicago O'Hare Hotel.

This decision was not made lightly, but out of an abundance of caution, in view of rising COVID cases across the country this fall and the stress this adds to families. Even after assurances by the venue and the recently announced vaccination mandate, there is still concern about indoor events and the Board decided the risk outweighs the benefit this year.

Those who have registered will receive a full refund from ECIA. Please contact Donna Valore by October 15 at [email protected].

ECIA continues to host regular virtual events to inform and update its members. The dates for the 2022 Executive Conference event are October 23-25. 


ECIA Thanks the Planning Committee, Conference Sponsors and Everyone Registered

The ECIA Board and staff expresses its deep gratitude for all the work done by the planning committee; the enthusiastic support of the sponsors, and the patience of those who registered for the event.

Many thanks to the hard working and loyal conference committee members: Mark Conley (Chair), O'Donnell Associates North; Ken Bellero, Schaffner EMC Inc.; Tobi Cornell, Kruvand Associates; Paul Dosser, Digi-Key Electronics; Julie Fajardo, TDK-Lambda Americas Inc.; Bob Garcia, Ferrari Technical Sales; Scott Jones, AEM Group; Todd McAtee, Mouser Electronics; Sam Read, Cornell-Dubilier Electronics; Chad Van Doorninck, Abracon; Caroline Wells, Omron; and Tom Wichert, TDK-Lambda Americas Inc.

And a special thanks also goes out to the many conference sponsors for their generous support throughout the planning and during this time. Please view the sponsors list here. 


NAM to File Amicus Brief to Reverse Court Ruling on Liability

ECIA is alerting members to a Massachusetts lower court decision that could have significant implications for manufacturers and distributors if upheld by the state Supreme Court. The lower court imposed tort liability on a seller of a non-defective component that was incorporated in an end-product that failed. The National Association of Manufacturers (NAM) is filing an amicus brief challenging this decision. Here is what NAM is saying (boldface added by ECIA):

NAM will file an amicus brief urging Massachusetts’ high court to reverse a decision that would subject a manufacturer or seller of a non-defective, merchantable component replacement part to liability solely because the end-product system into which the component was placed failed. This ruling—a substantial departure from traditional component part liability law both in Massachusetts and throughout the country—places companies at risk of extraordinary liability for risks they cannot control and harm they did not cause. The case, Nemirovsky v. Daikin North America, LLC , involves a multi-million-dollar judgment against the seller of replacement fan coils for a custom heating and cooling system after the system began experiencing failure. Even though the component part seller had no role in designing, manufacturing, or selling the original HVAC system, a jury awarded $3.4M in damages—the cost of replacing the entire system.  

The Massachusetts Supreme Judicial Court agreed to hear the case in May after the NAM filed an amicus brief in support of direct appellate review. The NAM’s merits brief argues that companies cannot be liable for risks they did not create and cannot control. The lower court’s novel tort theory not only contradicts longstanding liability law, but is also unprincipled, would advance unsound legal policy, and could improperly alter the parties’ economic incentives and market behavior. 


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 Available:

  • North American Electronic Component Monthly Sales Trends (ECST-MNTH) Report– September 2021
  • Component Lead Time Report – August 2021
  • World Capacitor Trade Statistics with OEM/Distributor Splits – Q2 2021
  • TPC Semiconductor Market Survey – August 2021
  • World Resistor Trade Statistics with OEM/Distributor Splits – Q2 2021
  • North America Weekly IP&E Components Index – Week 36

Visit the stats and insights page for information on these reports.


Did you know?   

Did you know that Big Zeta is an ECIA Services Partner? Big Zeta is a provider of custom and standard B2B technical products designed by engineers, for engineers. With over 100 combined years of B2B experience, the team helps make digital goals a reality through strategy, execution, and transformation. 

With products for optimized keyword and parametric search grown from empirical data and constant-feedback cycles, they provide holistic, customer-facing platforms that drive acquisition, engagement, and conversion. Read more about Big Zeta.


Reminders and Updates

Deadline is October 1! Share your story and celebrate 100 years of the Authorized Electronics Channel. Learn more.

Catch up on what's happening at ECIA! The ECIA Communications page has ECIA events, industry news including press releases and updates from other news outlets.


 

Contact Info:

Electronic Components Industry Association
310 Maxwell Road.Suite 200.Alpharetta.GA.30009
678.393.9990
ecianow.org