In modern supply chains, many buyers turn to online platforms and e-commerce to obtain material information and make purchases. The modern procurement process relies more on online channels and digital tools. At DigiKey, this kind of online purchasing for buyers can be traced back to 1996.
In 1996, DigiKey launched its first website and launched online ordering services. Buyers can browse and purchase the required components directly on the website simply through the online catalog and e-commerce platform. By 1997, DigiKey's first international website was launched in Canada. In 2002, DigiKey established independent branches and websites in the Asia-Pacific region and established cooperative relationships with local suppliers.
Regarding the Chinese market, Tony said: "Before 2013, customers could use US dollars to purchase components on the DigiKey China website. In 2013, we added the RMB settlement method." As of now, DigiKey has 45 localized websites , supports settlement in 22 languages and 26 currencies.