> ERA Quick Connections – July 2023, Vol. 2
July 2023, Volume 2
MONTHLY POS REPORTS
Our base point of January 2021 saw the COVID-19 pandemic beginning to lose steam, resulting in a significant rebound in POS activity. Due to strong growth in 2022, there is a good probability that we will see a slowdown of POS activity in 2023. Outside influences will also affect 2023, including supply chain issues and inflation.
May 2023 was up approximately 10 percent versus April 2023, which is consistent with other years when comparing numbers from April to May. For the year, May was about the same as January and February. Normally, May outperforms the first two months of the year by 15 to 20 percent. This year’s May number is about 9 percent below May 2022. Indications continue to point to a softening of POS sales activity for 2023.
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INDUSTRY NEWS
> The Semiconductor Industry Association (SIA) announced that global semiconductor sales rose 1.7 percent from April to May 2023. Read more.
> SIA published a new report stating that the U.S. will face an industry shortfall of 67,000 chip jobs by 2030 as the U.S. works to strengthen its domestic chip-producing sector. Read more.
> A new Gartner, Inc. study shows that 26 percent of all supply chain leadership roles are now occupied by women. Read more.
ERA NEWS
> The Summer edition of The Representor is now in your email inboxes and mailboxes! Don’t miss the cover story on using AI in sales, as well as Q&As with industry peers, executive commentary, chapter news, legal and tax columns, and the new Tech Corner section! View the digital flipbook or interactive PDF.
> Were you unable to attend past ERA LIVE sessions? ERA has you covered! All ERA LIVE sessions are recorded and available for viewing or listening in the ERA LIVE Audio & Video Library.
> Registration is now open for ERA’s STEP 2023 (Sales Training for Electronics Professionals), taking place Oct. 17-19. ERA’s third annual live sales training program offers frontline sales professionals nine, 75-minute educational sales training sessions. That’s more than 11 total hours of training! View more information and register.
FOR YOUR CALENDAR
Click here to browse the searchable ERA Industry Calendar and ERA Chapter Events listings!
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