bisco industries Blog

bisco Ranks #19 on 2017 Top 50 Electronics Distributors List

bisco industries is now among the top 20 electronics distributors in the world according to SourceToday’s (formerly Global Purchasing) 2017 Top 50 Electronics Distributors List. bisco’s ranking at nineteen (19) marks a move up of two spots from the 2016 ranking. In addition, 2017 is the 6th consecutive year that bisco has ranked among the top 25 distributors.

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bisco Relocates Northern California Distribution Center

As of September 23, 2016, bisco industries’ San Jose, CA distribution center has moved. The new facility is located at 2118 Zanker Road, San Jose, CA 95131. In addition to warehousing operations all sales staff have also relocated to the new facility. The strategic location of the San Jose facility enables bisco to maintain its role as a preferred partner for companies on the leading edge of technological innovation.

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bisco Ranks in Global Purchasing’s Top 25 for 5th Straight Year

bisco industries has once again been ranked among the top twenty-five distributors in North America by Global Purchasing. bisco ranked twenty-first (21st) on the Top Distributors of 2016 list, marking the fifth consecutive year bisco has ranked among the top twenty-five distributors. bisco’s position among the top twenty-five distributors was solidified by another year of record sales in fiscal year 2015.

bisco’s Vice President of Sales and Marketing, Zach Ceiley, stated that,

bisco’s consistent presence on Global Purchasing’s Top Distributor List is a testament to the fact that our customers see great value in the local and personal service we provide. This personal service combined with our strategic manufacturer partnerships, and local inventory truly sets us apart from other suppliers in the marketplace.

About the Global Purchasing Ranking

Global Purchasing’s annual list of the top distributors ranks electronic component distributors in the North American market by global sales volume for the prior year. Global Purchasing uses self reported data from distributors with all figures in U.S. dollars.

bisco industries Ranked Among Top 15 Distributors by Electronics Sourcing

Electronics Sourcing has officially released its 2015 Top 50 North American Distributors list. Sales for the top 50 North American-based franchised distributors grew five percent in 2014, reaching $31.7 billion. According to Electronics Sourcing, they found that “the top distributors garner most of their sales from industrial customers (29%), followed by military/aerospace (22%), automotive (10%), telecommunications (7.5%), medical (6.5%), computers (6%), energy (5%) and mobile communications (1%)”. bisco industries is proud to rank 13th (one spot up from last year) on the 2015 top distributor list. In 2014 bisco industries saw revenue of $130.6 million which is a 11.1% growth rate from the previous year. Among bisco’s top growth areas were electromechanical (40%), passive components (20%) and interconnect sales (20%).

Looking Ahead To 2015

Looking ahead, distributors expect growth to continue in 2015. A recent ECIA survey corroborates the trend. The survey respondents including, distributors, manufacturers, and manufacturer representatives-expect growth across all market segments in the second quarter of 2015 with the strongest growth coming from automotive, industrial, medical, and consumer segments. bisco industries anticipates continued growth in 2015 and is focused on investing in business technology and personnel. While prioritizing improvements on bisco’s e-commerce website, bisco will continue to focus on growing personal relationships with customers. In order to continue providing personalized service, bisco is set to open more facilities and expand its sales staff in 2015. In fact, bisco has already opened a new facility in South Florida this year and is slated to open additional facilities in British Columbia and South Carolina in the coming months.

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