January 2024, Volume 2

MONTHLY POS REPORTS

November 2023 continued the slight downward trend that we’ve seen over the past few months. When compared to October 2024, November was down about 5 percent and about 6 percent down from November of last year. 2023 is running approximately 4 percent behind last year’s numbers. We expect December to continue this trend and predict about a 5 percent decrease in POS activity year over year. View the full report.

DTAM information is available for anyone wishing to look at larger trends in the industry. For details on Budde Marketing’s services, visit BuddeMarketing.com.

INDUSTRY NEWS

> Electronics spare parts and repair markets are booming, reports EPS News. This trend is being fueled by changing consumer behavior and is affecting manufacturer support lifespans, proposed legislation, the environment and potential opportunities for distributors. Read more.

> Intel announces it will acquire Silicon Mobility, a fabless silicon and software company that specializes in system-on-chips (SoCs) for intelligent electric vehicle energy management. Read more.

> A recent Gartner survey shows that half of supply chain organizations surveyed plan to implement generative AI in the next 12 months and will dedicate an average of 6 percent of their budget to these initiatives. Read more.

INDUSTRY TRENDS SURVEY

The January 2024 ERA Electronic Components Industry Trend Survey is now closed.

Results from the December ERA Electronic Components Industry Trends survey are now in: View results from December 2023!

Please note: ERA sends this survey monthly to one contact from each ERA member firm via email. Please be on the lookout for this survey in your email inbox. If you don’t see it, check all email folders, including spam. The email will come from no-reply@mail.client.edgewaterresearch.com. If you have questions about who the survey contact is for your organization, or would like to change this contact, please email Edgewater Research.

If you have been completing the survey monthly, many thanks! Our survey is only made better by a robust and diverse universe of responding companies. Help us make this survey a valuable resource for you and the rest of our members by taking 5 minutes to complete this each month. The results are visible only to ERA members and gives us a great cross-section of what our members see on the horizon for the near and long term.

VIEW 2023 SURVEY RESULTS

ERA NEWS

> 2024 ERA Conference News: The Conference brochure previews the latest highlights from the upcoming conference, including general session and breakout session topics, the Conference schedule and a roster of all of our generous sponsors. Read it today!

Note: Conference breakout session registration will open this week! Look out for registration information in your email inbox, ERA.org and LinkedIn.

> Originally set for May 13-17 at the Mirage in Las Vegas, the 2024 EDS Summit will now take place at Resorts World Las Vegas, from Tuesday, May 21 to Friday, May 24.

• • • • • If you’ve already reserved space, the EDS planning team will reach out to you the week of January 15 to provide updates and modifications.
        • General registration and room reservations for the 2024 EDS Summit are expected to begin in early February.
        • Because of extremely limited room availability for Sunday, May 19, attendees and exhibitors are strongly encouraged to arrive no earlier than the afternoon of Monday, May 20.

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