This document discusses challenges and opportunities for electronics component distributors. It outlines 4 main challenges: 1) effective inventory management to avoid stockouts or overstocks, 2) competing with e-commerce retailers who offer lower prices and faster delivery, 3) meeting demanding customer expectations for fast and personalized service, and 4) mitigating disintermediation as customers buy directly from manufacturers. It also provides 5 strategies for distributors to grow: 1) improving customer service, 2) better managing business complexity through technology, 3) attracting and retaining high-value employees, 4) maintaining necessary business building blocks, and 5) developing new revenue streams through value-added services.