The definition of supplier diversity and its function in the supply chain are a little different today. Introduced in 1953 alongside the establishment of the U.S. Small Business Administration (SBA), supplier diversity programs were created to aid small and minority-owned businesses in securing government and major corporate contracts. Today, the SBA defines supplier diversity as, […]
IRVINE, CA – July 16, 2021 – Area51 Electronics (https://area51esg.com/), a global distributor of electronic, electrical, and electromechanical components, hardware and assemblies, announced that it won the 2021 Supplier of the Year Award, Class III, presented by the Southern California Minority Supplier Development Council (SCMSDC). Area51 Electronics was nominated for this award by their partner […]
IRVINE, CA – July 14, 2021 – Area51 Electronics (https://area51esg.com/), a global distributor of electronic, electrical, and electromechanical components, hardware and assemblies, was nominated for the 2021 Supplier of the Year Award presented by the Southern California Minority Supplier Development Council (SCMSDC). Area51 Electronics was nominated for this award by their partner Northrop Grumman. The […]
The New Year is here. But it’s never too late to build up your inventory, given the recent pandemic-driven component shortages. Finding the right distributor for your business is critical to building long-term resilience and success. With so many options and choices – from authorized to independent electronic part distributors – the decision can be […]
