In the 42 years since its founding, Digi-Key Corp. has grown—and grown—into one of the world’s largest electronic-component distributors. Its online catalog features nearly a million parts and products. Last year it sold US $1.6 billion worth of merchandise to more than half a million customers in 170 countries. And the vast majority of Digi-Key’s offerings are kept in stock, available for immediate shipping, in a single place: the company’s 74000-square-meter warehouse.
That enormous warehouse sits on the southwestern edge of the tiny town of Thief River Falls, Minnesota (population 8661). The nearest city is Grand Forks, N.D., hardly a metropolis. The warehouse operates around the clock, 365 days a year, with the result that any order placed by 8 p.m. local time gets shipped out the same day. View full article