---

Is your senior management team committed to driving down excess and obsolete inventory levels? Read on to find out how we can help as Kenny McGee, CEO of Component Sense, highlights how to turn your E&O stock back into cash. Management awareness of the impacts of excess or obsolete (E&O) inventory is vital. Recently the US Supply Chain Resource Cooperative identified a number of characteristics associated with a properly developed excess and obsolete (E&O) inventory strategy published on 20 April 2018 in EPS News. The most obvious of which is.... E&O should...

---

Impact on counterfeits A serious aspect of scrapping your stock inappropriately is you could inadvertently be contributing to electronic component counterfeiting. It is well known that "waste product" has the potential to become the counterfeit product of the future. End-Of-Life (EOL) finished goods should be crushed and recycled though legitimate companies otherwise they could end up in the counterfeiters hands. Most "counterfeit" components are actually recycled, used parts reclaimed from old product. A collective effort is required to manage waste properly so that we stop feeding the supply chain of the counterfeiters. Over the last decade westernised countries have tended...

Original Equipment Manufacturer (OEM): is a term used when one company makes a part or subsystem that is used in another company's end product. Original Design Manufacturer (ODM): is a company that designs and manufactures a product which is eventually rebranded for sale by another company. Contract Equipment Manufacturer (CEM): is a company who manufactures electronic products, on a contract basis, for other companies. Electronic Manufacturing Services (EMS): is where a company designs, tests, manufacturers, distributes and return/repair services for Original Equipment Manufacturers (OEMs). Contract Manufacturer (CEM): a hiring company approaches a CM with a design. The CM will...

---

Widespread concern is increasing for the need to secure your supply chain and protect yourself against counterfeit products. In the first instance, the key is to use suppliers with full trace-ability all the way back to the manufacturer. When you have no alternative to go to the gray market there are a whole host of tools that you can use to ensure that you are not purchasing counterfeit products as they get more and more sophisticated. If you do not have direct access to these tools then use a reputable company to do it for you. Counterfeit detection tools include:...

---

Why wait for your stock to become obsolete or redundant? The real beauty of our InPlantTM system is that you can sell stock on an ongoing basis when it is excess or slow moving rather than waiting until it is obsolete or redundant. As soon as your forecast takes a dip and you have more stock than you need we can market it the same day. Within seconds we can see your excess stock as a result of us talking to your MRP system (e.g. SAP) and we can market your stock immediately. It is literally live! We have...