NewPower Worldwide, the leading independent distributor of electronic components and finished goods, was recognized as #3 on Electronics Sourcing’s North American Top 50 Independent Distributors list and #14 on SourceToday’s Global Top 50 Electronics Distributors report. For the seventh year in a row, NewPower has appeared at the top of these highly competitive and rigorous annual reports recognizing the world’s top distributors for electronic components.
The award highlights NewPower’s continued rise in electronic component distribution. “We are once again honored to be recognized as one of the world’s Top 50 Electronics Distributors,” said Carleton Dufoe, Chief Executive Offer, NewPower Worldwide, “Our proprietary cloud-based sourcing technology, EMPOWER™, continues to fuel our growth by providing customers with real-time access to billions of parts worldwide. EMPOWER™, coupled with our $325M credit facility, provides the foundation for NewPower’s inventory management solutions which help our customers develop sustainable supply chain strategies tailored to address their challenges.”
“In today’s market, supply chain leaders need a partner they can trust to put them first,” said Jeffrey Hong, General Manager, NewPower Worldwide APAC, “This past year, NewPower continued to expand headcount globally in an effort to provide better-localized support in real-time. This customer-first mentality has helped drive deeper relationships, resulting in more impactful results for our customers.”
NewPower Worldwide is an industry expert in the sourcing, procurement, and redistribution of electronic components and peripherals.