August 27, 2024 – Altana is pleased to announce that Future Electronics, a global leading distributor of electronic components such as microprocessors and semiconductors, has selected Altana, the world’s first Value Chain Management System, to ensure visibility into the downstream distribution of their products.
Future Electronics is committed to maintaining close business partnerships with suppliers and customers. This includes leveraging Altana, a unified system for value chain management built on the only dynamic, intelligent map of the supply chain, as a first line of visibility for their products’ final destination, assembly, sale, and end use.
Through tailored dashboards and analytics, the Future Electronics Global Trade Compliance Team has the ability to monitor where products are being sent throughout the world, proactively identifying and remediating the flow of components to any nefarious actors or potential intermediaries of concern.
“Altana has been a key partner in helping Future Electronics illuminate our downstream inventory flow,” said Mark Nolan, Future Electronics Director of Global Trade Compliance. “As geopolitical tensions continue to shift, this awareness is key to our team’s proactivity in ensuring goods never end up in the wrong hands.”
"While upstream supply chain visibility is crucial, downstream management is equally vital, especially for strategic industries like electronic components," said Evan Smith, CEO and co-founder, Altana. "Our collaboration with Future Electronics focuses on optimizing the entire value chain for semiconductors and microprocessors, from production to end user, setting new standards for downstream value chain visibility, security, and compliance.”
