Smith will showcase its unique quality and service capabilities at OTC 2015
HOUSTON, TEXAS – (April 22, 2015) – Smith & Associates, the largest independent distributor of electronic components, today announces its upcoming exhibition at the Offshore Technology Conference, May 4-7, 2015, at Houston’s NRG Park. With more than 100,000 industry professionals attending from more than 130 countries around the world, OTC is the world's premier showcase for offshore resources in the fields of drilling, exploration, production, and environmental protection.
Challenging drilling and extraction conditions in the evolving oil and gas industry increase the need for high-quality, reliable electronic components that meet the performance demands of exploration and production tools. Having a supplier that can test and verify the reliability of such highly–specialized components and their ability to perform as expected under extreme circumstances is vital to oil and gas customers.
With over thirty years of experience in electronic component sourcing, Smith & Associates has developed a comprehensive knowledge of oil and gas customers’ stringent and constantly evolving quality and reliability needs. As a supply chain partner, Smith offers downhole sourcing support
for numerous specialized electronic components, including ruggedized electronics, instrumentation, directional drilling systems, temperature products, and control boards.
Smith can help its supply chain partners pinpoint optimal times to make cost-saving high-volume purchases
, manage stock, liquidate excess inventory
as surpluses develop, and manage component acquisition
for service and warranty programs to ensure cost savings and sufficient supply on high-value and end-of-life components. Smith’s innovative supply chain strategies provide up-to-date expertise on price and supply trends in the open market worldwide.
“Smith’s ability to rapidly locate critical components that perform reliably helps oil and gas customers keep projects on schedule without compromising on quality,” said Marc Barnhill, Chief Trading Officer of Smith & Associates. “Our global network of reliable open-market suppliers, 24/7 support, innovative supply chain strategies, and industry-leading quality practices and resources ensure that parts will meet performance expectations even under the most extreme drilling and extracting conditions. OTC offers Smith the ideal platform to demonstrate how the industry can benefit from these guarantees.”
Smith & Associates - Booth 8644
2015 Offshore Technology Conference
Monday, May 4 through Thursday, May 7, 2015
Smith’s trading professionals and oil and gas sourcing specialists will be on-hand at Smith’s booth, number 8644, to answer questions throughout the show and to showcase the capabilities of the company’s new Global Services division, which analyzes customer needs and engineers customized service programs to address their supply chain challenges. Literature and information on Smith’s products and service offerings will be available, and attendees can also schedule individual meetings with Smith representatives during the show for further information.
About Smith & Associates
Founded in Houston in 1984, Smith & Associates
is a leader in the independent distribution of semiconductors and electronic components to electronics and high-tech manufacturers. Smith offers shortage sourcing for commodity and obsolete parts, innovative purchasing and inventory management solutions, redistribution of excess inventory, and component stocking for warranty and repair programs.
A privately-held company, Smith & Associates employs more than 350 people worldwide, with annual revenue in excess of US $748 million. Smith's regional hubs in Houston, Hong Kong, and Amsterdam are ISO certified. In addition, sales and purchasing offices are located in Austin, Silicon Valley, Guadalajara, New York, Shanghai, Shenzhen, Seoul, Taipei, Penang, and Bangalore. For more information, see http://www.smithweb.com/
or, to reach a Smith representative 24 hours a day, please call: 1.800.HOUSTON or +1 713.430.3000.
For more information, contact:
Smith & Associates, V.P. of Marketing