July 31, 2024, ECIA Newsletter 

Are You Registered for the PREMIER Event for Industry Executives?

The ECIA Executive Conference is the PREMIER Event for Industry Executives. The conference is specifically tailored for senior management and executives in the industry's leading companies. The date for the 2024 Executive Conference is October 20-22 at the Loews Chicago O'Hare Hotel.

75 % of attendees are directors, vice presidents, presidents and c-suite executives from over 200 leading industry companies! 

This year's theme is "Navigating the Tides of Change." 

Register TODAY! Don't miss out on early bird registration discounts! 
Sponsor!
View the Schedule!


ECIA’s GIPC Welcomes New Committee Member

ECIA is pleased to announce that Ashley Quinlan, Senior Director of Digital Marketing at Molex, has joined the Global Industry Practices Committee (GIPC). The GIPC works to identify common global electronics challenges and issues and organize Subject Matter Experts to research, provide guidance and drive adoption of measures to increase efficiencies throughout the global authorized channel for electronic components. 

“I am thrilled to welcome Ashley to the GIPC...” commented Don Elario, ECIA’s VP of Industry Practices.  

Read the full press release. 


 

ECIA Service Partner Highlight 

Founded in 1992, Axiom Software is the leading developer of enterprise resource planning (ERP) software solutions for electronic parts distributors. Our world-class software development team is backed by industry specialists with extensive experience in the unique problems and opportunities of the electronic parts distribution business. Today, Axiom Software proudly provides the only ERP software designed specifically for electronic parts distributors, working with roughly 1 in 5 of the Top 50 Electronics Distributors in the world. Read more.

Lead International Trade Compliance Work Group and the US Department of Commerce BIS

In December 2023, ECIA’s Global Industry Practices Committee, GIPC, formed an International Trade Compliance Work Group to discuss, collect, and share best practices for complying with the ever growing number of trade restrictions announced by the US Department of Commerce and other federal and international agencies. 

Chaired by Digikey’s Josh Frazier, the team has met several times to discuss and compare processes to screen orders and reject those that are related to denied entities and those identified as cross shipping sensitive electronics to Russia and other bad actors. 

Members of the team have met multiple times with top leaders in the US Dept of Commerce BIS (Bureau of Industry and Security) to discuss cooperation and collaboration. On July 10th, BIS issued its latest guidance letter that incorporates several recommendations from this GIPC team, Guidance to Industry on BIS Actions Identifying Transaction Parties of Diversion Risk.


ECIA Research and Analysis 

ECIA offers 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.

Recent reports:

  • North American Electronic Component Monthly Sales Trends (ECST-MNTH) Report – July 2024 (and Executive Summary)
  • North America Weekly IP&E Components Index – Week 29

Visit the stats and insights drop down menu on our website for more information.


Member of the Week

 

Congratulations, Member of the Week, AEM Group!

Founded in 1978, AEM Group builds a reputation by representing the finest manufacturers with proven philosophies of innovation, efficiency, and leading-edge technology. These principles extend to their products, their people, and their manufacturing systems.

AEM Group has created an organization well-known for industry stability. Many companies have remained part of their select group of world-class manufacturers since the corporation’s founding.

Their company prides itself in attracting, hiring, and retaining the best talent and providing opportunity for growth and advancement. AEM Group continues on a path of progress committed to quality representation and a relentless pursuit of strategic, profitable growth. 

AEM Group has been an ECIA member for 13 years! ECIA thanks Brian Giudice, Scott Jones and the rest of the AEM Group team for the years of service on committees and councils. 


Contact Info:

Electronic Components Industry Association

310 Maxwell Road, Suite 200, Alpharetta, GA 30009

678.393.9990