May 2022, Volume 1
MANUFACTURING DATA REPORTS
Manufacturing data reports from the Institute for Supply Management (ISM) are released at the beginning of every month and can be accessed at ISM. The latest report says economic activity in the manufacturing sector grew in April with the overall economy achieving an 23rd consecutive month of growth. The computer and electronic products sector, as well as the appliances and component sector, were among the 17 industries reporting growth in April.
INDUSTRY NEWS
> DRAM and NAND flash spot prices are expected to continue a downward trend in Q2 of 2022, reported Digitimes Asia., prompting channel distributors to offload inventories at prices lower than purchasing prices. Read more.
> As drone technology becomes more advanced, concern grows about drones being used for hostile acts. This article outlines new counter-drone technology that’s being developed, and where this tech may be used outside of military applications.
> The newest Port Tracker report predicts large retail container import volumes in the summer months, after the volume set a record in the spring months, as retailers are trying to bring in merchandise ahead of supply chain issues and increasing costs. Read more.
ERA NEWS
> ERA is proud to debut the new ERA HoverMap, an online tool that allows ERA members to view generally outlined marketing territories, associated zip codes, ERA rep chapters and company lists and DTAM information. Check it out today at erahovermap.org.
> Join the next ERA Water Cooler discussion Tues., May 17 from 4:00 to 5:00 p.m. EDT with the topic of Succession Planning with Bryan Shirley, CEO, BCS Consulting Services. Access log-in details here.
> ERA’s Manufacturers’ Rep Toolkit has now been updated with newer ERA support resources, including podcasts, Water Cooler recordings and Conference presentations. Whether you are trying to answer the question “Manufacturers’ reps vs. direct sales?” or “What is the ROI when using reps?” this presentation will be valuable to industry newcomers and veterans alike.
> ERA is pleased to announce the recipients of the 2022 Mark Motsinger White Pin internships. Nelysa Rosario, a student at Wake Technical Community College, Raleigh, N.C., will intern at Aurora Technical Group/Southeast and Gustavo Ruiz, a student at California State University, Fullerton, Calif., will intern at English Technical Sales. We wish the interns and their respective companies a successful and productive summer! Read more.
FOR YOUR CALENDAR
Click here to browse the searchable ERA Industry Calendar and ERA Chapter Events listings!