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Research by Kearny of the high-end technology manufacturing industry found a 53% increase in total inventory levels between 2019 and 2022. The impact of COVID-19, among other supply chain disruptions, saw top companies in this segment accumulate more than $250 billion in inventory. A lot of these parts could now already be classified as excess and obsolete (E&O) stock.
In the ever-evolving landscape of electronics, one thing remains timeless: the importance of exceptional audio quality. Whether it's a smartphone, tablet, gaming console, or home entertainment system, users expect nothing less than an immersive and crystal-clear audio experience.
Radical decarbonisation and system transformation. These will be the core focus at this year’s UN Climate Change Conference COP28 as the world hopes for a way forward to reach crucial goals set out in 2015’s Paris Agreement. COP28 (Conference of the Parties, 28th Session) is taking place in Dubai, United Arab Emirates (UAE), from the 30th of November until the 12th of December. The event brings together 70,000 government officials, scientists, activists, and other distinguished guests from 198 countries.
In the world of electronic manufacturing, optimising your inventory management is crucial to success. EMSs and OEMs who embrace excess and obsolete (E&O) electronic component stock management have been shown to thrive in the competitive market and withstand industry challenges. As well as draining valuable resources, the burden of handling E&O stock can significantly hamper a company's agility and growth. At Component Sense, we offer tailored excess stock solutions to help alleviate the difficulties of surplus inventory for our customers. In this blog post, we will explore the features of our Consignment option and discuss how it can revolutionise your E&O stock management and empower you to focus on your core business. Discover how our excess stock solutions will help you recuperate electronic component costs and make your business more efficient, profitable, and sustainable!
