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...

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...

Does your Supplier Verification Process enhance your Counterfeit Detection Procedures?


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:...

US Legislation Updated to Continue Tackling Counterfeit Parts in Defence Supply Chain


Counterfeiting operations are getting more sophisticated around the world. If you end up buying counterfeit products as a manufacturer the risk is the integrity of your product. Your product could hit the marketplace with a potentially inferior device within it which could result in early failure and product recalls with huge costs to your company. The consequences could be catastrophic and must be avoided at all costs. You can imagine in the military, if you are handling radar or navigation systems or running aircraft, for instance, the risk of using counterfeit products would be potentially life threatening. Over and above...

Supply Chain, Back to the Future!


The negative impact of the counterfeit threat has hit OEM and EMS companies hard. For many, cost reduction through clever sourcing is no longer an option as it is deemed too risky. How did this happen? I started out in the electronics business 32 years ago serving my time as an engineer in the Aerospace sector. Much later, when I joined one of the world's largest Franchised Distributors in 1999 I began to realise that every company I dealt with had a few "brokers" up their sleeve. This allowed them to make PPV or savings on their BOM cost. At...

Loading..