Existing Solutions for Excess Inventory

Todd Snow, Vice President of Global Purchasing at Smith, shares insights from his role at a leading electronic components distributor. He discusses the complexities of managing excess inventory, particularly during global disruptions. Snow highlights innovative solutions like consignment buys and lot purchases to tackle overstock challenges. He introduces SmithTrade, their new online marketplace, which connects surplus components with buyers while ensuring quality. The conversation also touches on future trends in the semiconductor inventory landscape and the critical need for collaboration in the industry.