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Future Electronics Offers One of the Largest Available-to-Sell Inventories in the Industry

Future Electronics is a global leading distributor of electronic components with worldwide headquarters in Montreal. The company is proud to offer one of the largest available-to-sell inventories in the world.

Future Electronics operates on a single integrated global IT platform where customers can source parts from their worldwide inventory to manufacture anywhere in the world, with the same high level of service and traceability anywhere.

Whether customers are looking for New Product Introductions or full-scale production volumes for a mass market, Future Electronics is uniquely-positioned in the electronic components sector to offer available-to-sell inventory and true bonded inventory for its customers. Backed by three modern, automated Distribution Centers, orders can be processed and fulfilled with one of the latest order cutoff times and high precision.

Whether purchasing online or offline with the support of Future Electronics sales teams, products can be sourced from their worldwide inventory, allowing its customer base to get the necessary parts on time, every time.

For more information, please contact Future Electronics: www.FutureElectronics.com/Contact-Us.

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 very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5000 employees are its greatest asset, with 170 offices in 44 countries. 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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Future Electronics Promotes Extended Order Cut-Off Times

Future Electronics, a global leading distributor of electronic components, is promoting their extended order cut-off times.

Future Electronics’ three modern, automated Distribution Centers were strategically placed in order to process same-day shipments quickly and accurately.

The flagship North American Distribution Center is located in the Memphis area with direct proximity to carrier hubs, and to one of the world’s largest cargo airports. The EMEA Distribution Center, located in Leipzig, Germany, is a focal logistics point in Central Europe, also in close proximity to carrier hubs. The strategically-located Singapore, Asia Distribution Center is located in Asia’s established logistics hub, right near the Changi Airport.

Future Electronics’ automated material handling process, along with its modern warehouse management systems, significantly reduce order processing times and fulfill orders with precision. For example, qualified priority customer orders can be fulfilled from receipt to shipment in a mere 15 minutes, following the most stringent quality standards of the industry.

For more information about the capabilities of Future Electronics Distribution Centers, please visit:

www.FutureElectronics.com/About-Future/Distribution-Centers.

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 very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5000 employees are its greatest asset, with 170 offices in 44 countries. 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.

Future Electronics Launches New Online Bill of Materials Tool

Future Electronics is a global leading distributor of electronic components with worldwide headquarters in Montreal. The company is pleased to announce their new online Bill of Materials tool for a more intuitive customer experience.

Future Electronics worked closely with many stakeholders over several months of dedication and effort to launch this new feature that comes fully-equipped to be a complete and centralized source of information for the whole manufacturing process from design to production.

A precise and accurate BOM is essential in the world of electronic components distribution. Future Electronics’ BOM tool features its comprehensive global inventory network of raw components, assembly information, quantities and additional essential information needed to build and complete a fully-shippable product. Customers can import or export their lists and add products in many ways, in addition to saving their lists on their online account profile for easy access.

To access the Future Electronics online Bill of Materials tool or create your account, please visit: www.FutureElectronics.com/BOM.

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 very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5000 employees are its greatest asset, with 170 offices in 44 countries. 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.

Media Contact

Claudio Caporicci
Global Director Marketing Communications & Advertising
FUTURE ELECTRONICS
www.FutureElectronics.com
514-694-7710
Claudio.Caporicci@FutureElectronics.com

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RAKSHA BANDHAN, BIG BILLION DAYS AND DIWALI MARK THE ONSET OF A GOLDEN QUARTER FOR E-COMMERCE: A REPORT BY CRITEO

Criteo, the global technology company powering the world’s marketers with trusted and impactful advertising, today released its Holiday Report 2020 highlighting key trends in the online E-commerce industry in the much-awaited festive season including Raksha Bandhan, Big Billion days and Diwali. The report highlights the top trends observed for the highly thriving E-commerce market in India. Criteo regards this as the ‘Golden Quarter’ of 2020 as e-commerce clocks significantly high growth.

Overcoming such unprecedented times, online retail is back to pre-Covid-19 numbers, and steadily growing upwards since then. As 2020 sales are increasing progressively; 2019 data provides relevant context and describes the strong seasonality expected in coming weeks. According to the report, there has been a 28% year on year increase in the overall online retail sales.

 Speaking on the Report, Taranjeet Singh, Managing Director of South East Asia and India, Criteo, said, “During these trying times, the Indian E-commerce industry has been on a steady upward growth trajectory showcasing a gradual shift of consumers towards E-commerce websites for purchases. Consumers have moved onto a stage where purchasing online has become their daily routine in order to fulfil all their demands for food, beverages and festive gifting. Expanding businesses on E-commerce platforms is the need of the hour. This golden quarter signals a revival in demand and consumer sentiment at large on ecommerce platforms.”

 With festive season around the corner, the daily sales of flowers, gifts, food and beverages increase manifold. Individually Flowers and Gifting categories witness a boost in their numbers by more than 343% in August 2019, compared to its average in July. Additionally, statistics according to Criteo Holiday Report reveal 70% increase in sales in the Food & Beverage category observed during the festival of Raksha Bandhan. During the time of Big Billion Days on Flipkart, overall, retail sales were up 39%, showcasing an average of 27% for the entire week compared to average in August 2019. As traffic generates more sales the conversion rates remain above usual as sales increase more than traffic during the four weeks leading to Big Billion Days. The report quotes that for every 1,000 visitors to Indian retailers, there are significantly more transactions than usual. The week of Big Billion Days represents e-commerce traffic increased by 19%, followed by sharp rise in sales (+27%).

As people spending most of their time at home, especially during the most anticipated festival like Diwali; the share of transactions completed on App increased consistently before and following the festival in 2019, with an acceleration of In-App sales just before the event. For all retail combined, during the weeks following Diwali, sales remain 6-8% above average in August with a 32% increase in sales in the Food & Beverage category. This festival of Diwali also marks the onset of the travel season with an uplift of bookings to 16% in the week following Diwali.