Component Sense Blog

The automotive industry has evolved over the last several decades, shifting from a focus on mechanical advancements to incorporating complex electronics.

 

The end of the financial year, or fiscal year as some call it, can be stressful for electronic manufacturers.

At Component Sense, we know the challenges involved in managing excess and obsolete (E&O) inventory.

A joint studyby MIT Sloan and Boston Consulting Group revealed a striking contradiction: while 90% of executives believe that sustainability is critical to success, only 60% of companies actually incorporate it into their long-term business strategy.

Many electronic manufacturers put excess and obsolete (E&O) component stock in the ‘too-hard’ basket.