Supply chain solution blog

Cybersecurity Risk Alerts: ERAI adds new alert type


Cybersecurity is a major challenge for businesses to protect computer systems, networks, programs and data from theft or damage. The risk is increasing due to our growing reliance on technology. ERAI is renowned for reporting organisations that supply suspect counterfeit or nonconforming parts. ERAI also provides identity theft alerts on companies whose identities are being used without consent by imposters who seek to benefit from an organization’s hard-earned reputation. The ERAI have added a new alert type to their database to warn subscribers of the cybersecurity risk. Read the ERAI article posted on 14 November 2018. At Component Sense...

F1 in Schools Challenge: Component Sense Sponsor Team Velocity Racing


Component Sense are proud sponsors of the F1 in Schools Challenge which encourages students to pursue their interest in STEM (Science, Technology, Engineering and Maths). The team, Velocity Racing, is made up of girls aged 14 to 15 who are students at Inveralmond Community High School, Livingston, Scotland. Kenny McGee, CEO of Component Sense, shared the team’s passion for the project and has supported the girls as they progressed through the Scottish, UK and F1 World Championships held in September 2018. Component Sense is financially supporting the team and provided assistance with the design and development of the Velocity...

AS9120B Quality Management Standard Achieved


Component Sense is delighted to announce that as part of our ongoing commitment to our customers we have been officially certified to the AS9120B standard which includes ISO 9001:2015 quality management system (QMS). This is a requirement for stockist distributors of parts related specifically to the aerospace and defence industry and in addition is also a sought after standard for supplying the automotive industry. Our Quality Manager embarked on the AS9120B journey in March 2018 and managed the project working closely with all internal departments and United Registrar of Systems (URS) certification body. It was clear from the outset...

EMS Finance Directors: How to turn your E&O stock back into cash with our tailored In-Plant solution


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...

E-Waste fuels the counterfeit epidemic


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...

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