Component Sense Blog

Silicon Valley. The “Tech Mecca”. Home to America’s first trillion-dollar company, Apple.

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.

By the end of 2022, a revolutionary technical marvel seemed unleashed on society. However, the story of artificial intelligence (AI) dates back to 1952, when computer scientist Arthur Samuel created software to play checkers. Today, AI is reshaping industries across the globe, including businesses' approach to sustainability.

At Component Sense, we know a lot about the grey market. We are technically part of it, after all. Many electronic component buyers do not understand the different shades of the grey market. It is certainly not black and white.

A study by MIT Sloan and BCG found that although 90% of executives find sustainability important, only 60% of companies incorporate it into their business strategy. This stark statistic highlights how difficult it is to motivate business leaders to make changes for the benefit of the environment.