Component Sense Blog

Tag: Supply Chain

Global Market Trends #1: How Did We Get Here?

Global Market Trends #1: How Did We Get Here?
In the final months of 2019, global media outlets began to report on a mysterious new respiratory virus that had infected workers in the Chinese province of Wuhan. Western populations were not, at that time, overly concerned — the outbreak was too far away to threaten much damage. There had been outbreaks of localised diseases in this part of the world before without international repercussions. Surely, this too would pass. After having endured a long two years of a global pandemic, however, this Western naïveté has been beaten by a deep awareness of the intricacies of globalisation. Whilst modern systems...

Supply Chain, Back to the Future!

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...

Creation of Component Sense - a story from the trenches

Creation of Component Sense - a story from the trenches
And Component Sense was born… There was an unprecedented explosion in the electronics industry from 1999 to the end of the year 2000. Kenny our CEO was working in broadline electronic component distribution at the time and soon after created Component Sense. We have captured in this blog entry some of the key events of this exciting time and how they came to influence the values and ethos of Component Sense. It may also prove useful as lessons from the past can help us deal with the challenges of the future. "Some of the best lessons we ever learn are...

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