OEM Channel Responds to Slower Growth
The harsh winter of 2014-2015 combined with ongoing economic concerns to create slower business conditions in the OEM supply chain. Russell Dorwart, president and COO of electronic components distributor PEI-Genesis, says he saw a number of instances in which weather, in particular, has an impact on business..
“I believe the weather had a negative effect on businesses across the board,” Dorwart explained. “Our largest assembly facility is in South Bend, Indiana. They know how to live with snow in South Bend, but this past winter the city officially shut down twice in January.”
Jimmy Seifert, senior vice-president of product, supplier, asset and pricing at distributor Newark element 14, agreed and pointed to an array of weather issues.
“There were a couple of different weather issues. One was the snow in the Northeast, which was pretty rough,” he explained. “And there were ice storms in the South and Southeast as well.”