Insights from EDS

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Smith attended the EDS Leadership Summit, which was recently held from May 7 to 10, 2019 at the Mirage hotel in Las Vegas, NV. The annual event serves as a networking opportunity for distributors, manufacturers, and suppliers who support the electronic component industry to develop and strengthen relationships with one another.

Smith representatives met one-on-one with some of the 400+ manufacturers in attendance at the show to gain insight into the latest industry trends. Smith utilized these meetings to learn about new product offerings, as well as current challenges and difficulties being faced. Our representatives discussed the resources and tools Smith provides, including excess and vendor-managed inventory (VMI) solutions, custom supply chain strategies, and market expertise.

“Meeting with various manufacturers and suppliers at EDS gave Smith the opportunity to further develop our component cross-matching capabilities,” said Todd Snow, Smith’s Vice President of Global Purchasing. “We look forward to extending these tools to customers so that we can meet all of their sourcing, price, and lead-time requirements.”

In addition to sourcing components through the open market, Smith’s vast network of trusted suppliers includes OEMs and CMs. Through this multi-channel supplier system, Smith can source obsolete and hard-to-find parts, assist with end-of-life and last-time buys, and identify PPV cost-saving opportunities. Attending EDS helped Smith to broaden our supplier connections to provide maximized support for our customers.

Visit us later this week in San Diego, where Smith will be showcasing our ITAD services as a Gold Sponsor at IAITAM ACE 2019!

Keep an eye out here on our Market Blog and our Twitter (@smithweb) for more industry news and analysis.

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