September 10, 2018

FOM Webinar Part 3: Supply Chain Security and Obsolescence Management

As our adoption of technology grows, product life cycles shrink rapidly planned obsolescence becomes a factor, as does the pace of new technology adoption. For example, it took 75 years to get a simple telephone into 90 percent of American homes. Cellphones reached the same saturation rate in just 15 years. The other side of the equation is that we still see working examples of 100-year-old landline telephones, but it’s difficult to find a working cellphone from just five years ago.

As adoption and demand for new technology increases, however, so does demand on our supply chains. Large quantities of product, moving across borders over very long distances, mean that OEMs are no longer solely in competition with each other. Supply chains are the genuine drivers behind who wins the technology arms race. Under these terms, incremental gains can be the difference between being the first to get the product into the market or being the last.

It’s easy, then, to understand why risks to our supply chains are so prevalent and prone to disruptions from all angles. Counterfeit or substandard components, obsolescence, delivery fall downs, tariff issues, compliance problems, country of origin questions, and natural disasters all play a part in reducing the efficacy of our carefully laid plans.

If we then add “post-end-of-life” needs and life cycle extension to this already complex equation, we find even more headaches.

“EOL does not always mean an end to our product needs,” explains Bill Stypa, European product marketing manager, Digital ASIC & Aerospace & Defence for ON Semi … “[but] consolidation in the semiconductor industry is affecting the longevity of critical components.”

In order to start addressing supply chain security issues, we must communicate both up and down our supply chains.

Join us, along with Mark Baldyga from Converge, Bryan Brady from Microboard Processing and Jerry Liu from Cymer, an ASML Company, on September 13 at 12:00 p.m. EDT (6:00 p.m. CEST/12:00 a.m. SGT on September 14) as we learn together why supply chain security is under threat, and what we need to consider to take back control.

August 8, 2018

We are hiring. Why is Converge expanding its global footprint in times of market shortage?

2018 has been a challenging year for the electronic component industry. We have witnessed shortages like never before that continue to disrupt the supply chain on a daily basis. Technological advancements and data intelligence come to the rescue, but the simple truth is – human relations still play a significant role in the process of gaining trust, especially when times are difficult. 
In addition to providing intelligent and efficient solutions to the market shortages, Converge has dedicated this period to a substantial global footprint expansion.
Why now? In 35+ years of active operation in the electronic component distribution market, we have learned how much it means to our customers and suppliers to be able to “speak their language” and work with somebody on the ground who understands local markets and needs. We live in a digital era where technology allows us to virtually be wherever, whenever we need to be, but if you have worked in this industry, you know very well the impact of a vast global footprint on the customer experience.
Acknowledging this, Converge is continuously strengthening its presence across all regions. In the Americas, we now have offices in Texas and Florida, while the already existing locations in Massachusetts and California, as well as in Mexico, are significantly expanding in headcount. In APAC, the regional market penetration in Japan, Korea, and Taiwan is ongoing, and we are already looking into setting foot in the developing regions of Thailand, Vietnam, and Indonesia. Meanwhile, China, Singapore, and India continue to grow in order to support the high volume of activity. In the EMEA, new locations in Hungary, Germany, and the UK, as well as expansion in the Netherlands and Finland, contribute to the combined global pipeline.
Regardless of the geographic location, our teams work together to make a difference by impacting our customers and their markets in a positive way. As part of Fortune 150 Arrow Electronics, Converge offers a working environment of respect, trust, and growth with teams of the most tenured individuals. If you have experience in the industry and are looking for an exciting opportunity to accelerate your career, contact us today!