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Ingram Micro claims supply chain shortages are over02 Aug 2010Source: crn.com
Ingram Micro, which had lost “tens of millions of dollars” in potential business during the fourth quarter of last year and first quarter this year, saw negligible impact caused by product shortages in the second quarter, Spierkel said. “Where there were constraints in printing, networking and displays, the supply chain globally has caught up with market dynamics,” Spierkel told CRN after the $30 billion distribution power posted a 24 percent sales increase for its second fiscal quarter ended July 3, its largest quarterly sales increase in 11 years. Spierkel went on to say that he’s had meetings with most of Ingram Micro’s top 10 vendors over the last few weeks, and he’s been in Asia and Europe, and the consensus is that supply chain constraints are all but over. The one area where Spierkel still hears about constraints is smartphones, but it’s a space where Ingram Micro doesn’t have a big presence. Spierkel added that his conversations with vendors indicate that product shortages shouldn’t return, barring any future wild fluctuations in market demand. |