Digi-Key Unveils eBook on Benefits of Implementing API Solutions

- Advertisement -
  • Digi-Key has also unveiled an ROI calculator to see the return on investment that implementing Application Programming Interface (APIs) can deliver
  • The company informed that both the tools are free to use

Digi-Key Electronics, a global electronic components distributor, announced that it now offers a free eBook on the benefits of implementing Application Programming Interface (API) solutions, as well as a new ROI calculator to see the return on investment that implementing APIs can deliver.

“Speed and access to information and data are critical in all forms of electronic product design and procurement, and an organization’s time-to-market can mean the difference between successful and marginal product acceptance. Digi-Key’s API solutions provide a competitive advantage to customers by streamlining the purchasing process and enabling procurement, engineering and design teams to all receive critical real-time information on products they need at lightning speed because it’s automated through machine-to-machine connections,” said Nathan Pray, senior digital product owner for Digi-Key.

Connecting customers’ systems with the Digi-Key system

Digi-Key’s APIs, as the company informed, have long provided a complete digital platform for customers to automate and streamline procurement processes while providing real-time product information to procurement, engineering and design teams.

- Advertisement -

“Digi-Key’s APIs are free to use, and digitally connect customers’ systems with the Digi-Key system to provide automated, real-time product search, price and availability, quoting and ordering, barcode, product change notifications and more. Customers who have utilized Digi-Key’s API calculator have seen an average of $50,000 to $100,000 in cost savings by implementing API solutions.

The Digi-Key team informed that California, USA-based Sonic Manufacturing Technologies, has been able to automate 50 per cent of its purchasing activity without adding staff. Using Digi-Key’s APIs and cloud-based platform, Sonic’s cost to place an order (total landed cost), as per the company, was reduced from a previous $40 to a current $9.

“While not every company will achieve 60 per cent savings, even 20 to 30 per cent savings on procurement costs of $400,000 each year will result in significant savings,” read Digi-Key’s official statement

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

Dell Joins Fujitsu For Faster Open RAN Global Adoption

0
Multi-band RUs, virtualized RAN and Open RAN Accelerator Cards comprise the under-development solution architecture Fujitsu recently announced that it is working with Dell Technologies to...

Exclusive

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

Dell Joins Fujitsu For Faster Open RAN Global Adoption

0
Multi-band RUs, virtualized RAN and Open RAN Accelerator Cards comprise the under-development solution architecture Fujitsu recently announced that it is working with Dell Technologies to...

Important Sectors

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

PLI Scheme Can Help States Become Destinations For Electronics Manufacturing: MoS

0
The manufacturing plant has been set up under the Production Linked Incentive (PLI) scheme At the recent opening ceremony of Pegatron mobile manufacturing facility, the...

Redington’s Renewable Portfolio Enhanced With New Solar Program

0
To accelerate the solar power adoption by homes and businesses, the company has launched Solar Rooftop Partner Program The leading tech company Redington Ltd recently...

The SIDM Champion Award 2022 Goes To: CoreEL!

0
On Sep 27th 2022, the India-based tech-company CoreEL received the Society of Indian Defence Manufacturers (SIDM) Champion Awards 2022. Country's Raksha Mantri Shri Rajnath...

Moxion Power Raises $100 Million; Plans To Scale Clean Energy Manufacturing

0
The company aims to meet the increasing demand for its mobile energy storage product lineup In its Series B funding round, the US-based Renewable Energy...

Manufacturing

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

PLI Scheme Can Help States Become Destinations For Electronics Manufacturing: MoS

0
The manufacturing plant has been set up under the Production Linked Incentive (PLI) scheme At the recent opening ceremony of Pegatron mobile manufacturing facility, the...

Moxion Power Raises $100 Million; Plans To Scale Clean Energy Manufacturing

0
The company aims to meet the increasing demand for its mobile energy storage product lineup In its Series B funding round, the US-based Renewable Energy...

Wind Power Brings Continuum And GE Renewable Energy Together

0
Commercial and industrial establishments will receive the wind power produced in the respective states As per a recent announcement, GE Renewable Energy is set to...