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4 RESEARCH FINDINGS
All AbouT you
Electronics Sourcing Europe magazine wanted to find out what makes its readers
tick and which issues are posing the biggest headache, so we can tailor our
editorial to provide maximum pain relief. Want to know what we found out?
Time and money Economy uncertainty
There are some fundamental truths in business, one of which is As one would expect from the events of the past year, the
that most companies are striving to save both time and money in economy and the threat of recession was also listed as a
the quest to increase profit. stumbling block on the road to growth. Nearly 14 per cent of
It's no surprise therefore that our research revealed lead-times
those surveyed rated this as a growth inhibitor.
as the biggest challenge facing purchasers as they work to But here's the interesting bit. Seven per cent of respondents
maximise their company's growth. Nearly 28 per cent of actually felt their greatest growth opportunity came from
respondents listed this as the greatest purchasing related threat government, budget and political considerations. Less than five
to fulfilling growth potential. Rising costs also reared its ugly head per cent listed currency fluctuation as a major challenge and
as a prominent issue, with nearly 12 per cent of those surveyed perhaps most encouraging of all: less than two per cent felt that
saying this presented a threat to growth. loss of key suppliers was the greatest threat to growth.
This, of course, is the flipside of the fact that for many It's also noteworthy that 13 per cent of those questioned
companies, the biggest growth is expected to come from product planned to maximise their growth by exporting. Add to this the
development. Our findings show that 18 per cent of respondents fact that UK competition ranked higher than either European or
felt the greatest opportunity for growth came from new designs, US competitors as a threat to growth, and it just might indicate
research and development and new components. that the UK electronics industry is doing OK.
Obviously, that's a good thing. New products, new technologies And we aim to keep it that way. Electronics Sourcing Europe
and new components are what drive the industry forward. It's all is dedicated to delivering information on the technologies,
about finding the right part, at the right cost, available at the suppliers and solutions that will help the UK purchasing
right time. And that's where you add value to the businesses in community come out fighting and stay on top.
which you work, and the UK economy as a whole.
Where do you see your
From a
purcha
sing
Approxima
tely what
is
greatest opportunity
perspect
ive wha
t is the
your comp
any’s annu
al
of growth?
greatest
threat
to this
spend on
electronic
s
• By Product development, new
growth
opportu
nity?
componen
ts?
designs, R & D and new
• Lead tim
es – 27.45
%
• The total sp
end reported
was in
components – 18%
• The eco
nomy and
the threa
t of excess of £168,000,000.
In addition
• By further developing existing
recession
– 13.73%
others referred
to a spend of
markets and new O.E.M.s. - 13%
• Rising c
osts – 11.7
6%
multi-millions
and Billions.
• By exporting – 13%
• Currenc
y fluctuat
ions – 4.9
%
• Through government, budget and
• Far Eas
t competi
tion – 4.9
%
Have you r
esponded
to any
political considerations – 7%
• Don’t kn
ow – 9.8%
adverts or
editorials
within
• Don’t Know – 28%
Electronics
Sourcing E
urope
Do you
purchas
e PCBs?
in the last
6 months.
• Yes 74%
• Yes - 27%
• No 26%
• No - 73%
MARCH 2010
electronics-sourcing.eu
Results based on a survey of 100 readers
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