The North American Components (NAC) business of Arrow Electronics, Inc. today announced it has established a manufacturing, logistics and supply chain partnership with Orion Electronics Ltd. in Hungary, a manufacturing company owned by Singapore-based Thakral Group.
Orion Electronics Ltd. will become Arrow Electronics, Inc.’s third global Value-Add Center, providing product assembly and other support services for the company’s North American-based original equipment manufacturing (OEM) customers. Electronic components from Arrow suppliers can be transported directly to Orion for product assembly for sale in nearby European markets. Also, North American OEMs looking to enter new markets in Europe now have a cost-effective way to do so, while maintaining the same quality standards they are accustomed to from Arrow’s North American facilities.
„In a growing, global marketplace, the combination of Orion and Arrow’s value-add centers in Phoenix and China can provide our customers with not just silicon, but complete product supply chain and assembly solutions, near their headquarters or nearer to the regions of their end customers, saving time and costs,” said Jennifer Johnson, director, Global Programs and Technical Services, Arrow NAC. „Customers also benefit with a single point of contact, order management and standardized quality and post-sales services.”
„Given the expertise and the long experience of Orion in electronics manufacturing in this region and the overall strategy of the Thakral Group in the developing countries of the world, this partnership is an ideal fit benefiting both sides,” said GS Arora, managing director, Orion Electronics. A new, 50,000 square-foot logistics center already is being constructed by Orion close to Budapest.
Arrow selected Orion Electronics as a partner based on its reputation for quality and its ability to meet Arrow requirements to replicate the services offered at Arrow’s Logistics and Value-Add Center in Phoenix, the company’s North American facility where OEM customers’ products are assembled or manufactured. All of Arrow’s manufacturing facilities - Phoenix; Shenzhen, China; and now, Orion Electronics in Hungary - are ISO-certified and offer clean room facilities, as well as wide-ranging services such as engineering and design, first article and proof of concept, inventory management, build-on demand, verification and testing, and advanced order fulfillment. (pr-inside)