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U.S. Technology Company News from the Inside

Electronic Component Distributor and Supplier, 1-Source Electronic Components, Maximizes Procurement Results Despite Market Slowdown

Companies mentioned in this article: 1-Source Electronic Components

PORT JEFFERSON STATION, NY -- (Marketwire) -- 07/30/09 -- Following double-digit declines in unit shipments of key system markets, low utilization rates, and price erosion within the chip market, more and more OEM and CM distributors have become concerned about efficiencies in supply chain management. In response, 1-Source Electronic Components, a leading electronic component distributor and supplier, and the distribution arm of the 1-Source group of companies, has ramped up their efforts, rapidly responding to real-time production requirements and real-time market pricing in order to maximize procurement results.

"We have poised our business to respond to our customers' needs for just-in-time inventories and product availability," said Bruce R. MacArthur, COO for the 1-Source group. "The independent market is playing an important role in managing just-in-time inventory and bringing efficiencies to our OEM, CM and distributor partners while the semiconductor market begins to stabilize."

The semiconductor market, which is tightly correlated to GDP, is not expected to reach an inflection point until GDP rises, worldwide manufacturing rebounds and consumer confidence is reflected on Main Street. With demand visibility low, utilization rates at stagnate levels, and supplier inventories growing because of deteriorating demand targets, 1-Source does not anticipate year-over-year growth for semiconductor revenues until the second quarter of 2010.

"In the current market, people are less prone to do scheduled buys, which makes usage of an independent electronic components supply chain absolutely essential," said MacArthur. "With faster real-time production requirements and real-time market pricing, our cost of procurement is significantly less than other companies, making 1-Source an asset to many OEM and CM distributors."

For additional information, or to buy electronic components, visit www.1SourceComponents.com.

About 1-Source Electronic Components:

With over $1 billion of available inventory, 1-Source Electronic Components is the one-stop electronic component distributor and electronic component supplier for all board-level electronic, electric, and interconnect components. The 1-Source Electronics group of companies provides a full suite of services to the electronics manufacturing industry. It is a franchised distributor of electronic components as well as a sourcing and procurement agent for hard-to-find, obsolete, and allocated parts. In addition, it provides excess inventory consignment, electronic engineering and product design services, prototyping, contract manufacturing, handheld portable computing products, and software application development services.

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Contact:

Contact:
1-Source Electronic Components
800-966-8826
631-642-2470

Dina Huben
631-642-2479 ext. 204