Tips for Managing Excess at Financial Year-End
The end of the financial year, or fiscal year as some call it, can be stressful for electronic manufacturers.
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The end of the financial year, or fiscal year as some call it, can be stressful for electronic manufacturers.
IR3555MTRPBF: Empowering Efficient Power Delivery and Management for High-Performance Applications
Do you want to know what Component Sense's mission is?
Our mission is to lead electronic manufacturers toward zero waste. In order to achieve this ambitious goal, we focus on acquiring and redistributing electronic components at the earliest stage possible. This means that our parts are available new, unused, and thus stay at their highest possible value.
Over the last two years, the electronics industry has been in a volatile state of high demand and low supply. The international market has not seen such intense and prolonged growth since the ‘Dot Com Bubble’ of the late 1990s. Customers and manufacturers are scrambling to keep up with increasing demand and raised prices. Whilst some industry players are celebrating the increased financial successes of such a ripe marketplace, OEMs and EMSs are in a predicament. For them, a market turn is welcome, as an ongoing lack of stock creates production difficulties, and by extension, limits potential income. However, not everyone in the electronics industry would welcome a dramatic slowing of the market. We spoke to the executive team here at Component Sense to gauge their opinions on the current market situation. Kenny McGee (CEO), Rose McGee (Head of Sales), and Grant Rutherford (CTO) are all experts in the field of electronics and the global supply chain. So, when do they think that the market will turn? And how can you prepare for it?
If you are in the electronics component industry, you might be surprised to see our company advertising ‘legacy stock’ inventory. The electronics industry is constantly evolving, with new more efficient, smaller, and faster components entering the market at a rapid pace. So, why would Component Sense actively hold and promote legacy stock?