Digitalisation

Are you planning for an AI future?

As we celebrate AI Appreciation Day on 16th July, it is a fitting moment to reflect on the transformative impact artificial intelligence (AI) has had across various industries. Electronics procurement, in particular, has experienced significant advancements thanks to AI, and the future promises even more exciting developments. Here, we explore some emerging AI technologies and

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Digitalisation

Avnet and Farnell announce IIoT webinar

Farnell, in partnership with Avnet, has announced a forthcoming webinar titled ‘Start your IIoT Journey with Seamless Sensor to Cloud Integration’. Scheduled for 24th July 2024, the session will take place at 4pm British Summer Time and 10am Central Daylight Time (US). Participants will gain essential knowledge on connecting Infineon’s XENSIV Connected Sensor Kit (CSK)

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Digitalisation Supply Chain Management

Can we chat? AI is the new era of sourcing

The buzz surrounding artificial intelligence (AI) in the supply chain isn’t mere noise; it’s evolving into a substantial dialogue – one that could spell the difference between triumph and defeat. Andrew Moeller, Executive Vice President of Sales, Flip Electronics further explores. AI is taking centre stage, and companies are grappling with how to harness its power

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Digitalisation

Mouser Electronics & STMicroelectronics explore wireless connectivity

Mouser Electronics announces a new eBook in collaboration with STMicroelectronics, offering an in-depth look at wireless connectivity. The plethora of new and pre-existing connected Internet of Things (IoT) and Industrial Internet of Things (IIoT) devices, gateways, and sensors require that wireless technology be dependable and compatible with many wireless protocols. This need will only grow

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Digitalisation News

Luminovo partners with Zollner to revolutionise electronics supply chains

Zollner Elektronik has selected Luminovo, a quoting, procurement, and collaboration software for the electronics supply chain, as a core partner for its digitalisation strategy. The additional time capacity gained would be used to focus on the diverse needs of its customers. The two companies would build on their collaboration that led to the launch of

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Digitalisation Industry Insights

Impact of IoT and Industry 4.0 on electronic component demand in industrial markets

Author: Paige West, Editor, Procurement Pro The advent of the Internet of Things (IoT) and Industry 4.0 has revolutionised the industrial landscape, heralding an era of connectivity and automation. These technological paradigms have significantly influenced the demand for electronic components, especially sensors, connectivity modules, and smart controllers. Procurement Pro’s Paige West looks at how these

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Digitalisation

Mouser explores the world of 5G with technical resource centre

Mouser Electronics provides engineers with insightful and trusted resources in its 5G content hub. Mouser’s technical resource centre offers knowledge about the expansion of the reliable low-latency network. This global wireless standard offers increased bandwidth, enabling devices to connect from further distances at faster speeds, as well as enhancing machine-to-machine contact for a connected future.

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Digitalisation

Why Haven’t You Automated Accounts Payable Yet?

Accounts Payable handles so much more than just paying incoming bills and invoices, particularly given today’s unrelenting global challenges. Manual Payment is Out When payments are manual, it goes like this: Receive a paper invoice Manually enter or scan invoice Manually route invoice to designated staff for approval Send payment Manually record payment for records

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Digitalisation

EDI, Punchout, and API—What’s the Difference, and Why is Each Important?

It wasn’t that long ago that far too many processes involving sharing data, accessing products, and connecting within the supply chain were performed manually. When we dissect the use of Electronic Data Interchange (EDI), Punchout, and API, we see that this connection, access, and communication, has dramatically evolved. Here’s a look at how, where each

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Digitalisation

ERP and SCM is all About Risk

Increasingly, businesses are discovering the internal benefits of Enterprise Resource Planning (ERP) to manage business data, maximize systems and working processes while gaining substantial operational efficiency. Externally, Supply Chain Management (SCM) enables businesses to better interact with various suppliers and partners and access the raw materials and resources necessary to bring their products to market.

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