Future Electronics Supply Chain Conference Addresses Global Challenges, New Opportunities
Future Electronics’ supply chain conference on September 10-11, 2019 in Memphis, TN brought customers and industry heavyweights together to share updated logistics strategies.
- (1888PressRelease) October 18, 2019 - Future Electronics, a global leader in electronics distribution, recently held a supply chain conference to address recent challenges and new opportunities in the global electronics industry.
"This conference provided our customers with the opportunity to explore ways of managing potential supply chain disruptions, as well as constructive approaches to geopolitical challenges such as tariffs and border issues," said Tom Galligani, Global Vice President, Supply Chain at Future Electronics.
Over 250 participants from across the Americas attended the two-day conference at Future's Memphis Area Distribution Center (MADC). They explored updated strategies from leading suppliers including TE, Altech, and Kingston, and were presented with expert analysis and new approaches from global logistics solution providers Hellmann, Crane, Witron, Boston Consulting Group, and Supply Frame, among many others.
Jimmy McDonald, TE Vice President and Chief Supply Chain Officer, was among the featured speakers at the Conference. He gave attendees an in-depth look at what suppliers like TE do to address disruptions in continuity of supply.
"More than ever, customers and suppliers need to be aligned around the opportunities to deal with today's challenges and improve performance for our mutual benefit," McDonald said.
Hellman Worldwide Logistics presented updated strategies to derive additional value from the supply chain, including leveraging the Foreign Trade Zones (FTZs) across the United States.
Future Electronics presented the unique supply chain programs that have helped customers mitigate industry disruptions and maintain profitability in challenging market conditions. "Our Supply Chain Solutions team really is the differentiator for our customers, because they're free resources our customers can use to improve their efficiencies and overall operational costs," said Galligani.
Attendees came away with updated knowledge, concrete strategies, and new resources to help navigate the global supply chain environment in an efficient and cost-effective way.
"We're constantly looking for ways to improve our procurement and supply chain to meet the demands of our customers while maintaining profitability," said Dr. Bart-Matthew Guthrie, President of PQ Controls. "The team at Future has built a remarkable system in the Memphis facility, and we learned some efficiency strategies from them and from the conference speakers that we can employ in our own inventory and distribution system."
The MADC is Future's state-of-the-art flagship Distribution Center in the Americas. Its close proximity to carrier hubs and to one of the world's largest cargo airports allows same-day shipments to be processed quickly and efficiently, which enables Future to continue to offer the latest cut-off times in the industry.
To learn more about Future Electronics' differentiated supply chain solutions, visit www.futureelectronics.com.
About Future Electronics
Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a comprehensive suite of passives and semiconductor products. Founded by Robert Miller in 1968, Future Electronics has over 5,500 employees and operates in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.
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