Tag: Supply chain Management

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Counterfeit components are becoming increasingly sophisticated, posing a growing threat to supply chains and calling for businesses to be extra vigilant. In the first instance, the key to avoiding counterfeits is to use suppliers that offer full traceability all the way back to the manufacturer. However, when your only option is to source from the grey market, there are a host of tools you can use to ensure that you are not purchasing counterfeits as they get more sophisticated. If you do not have direct access to these tools then use a reputable company to do it for you. Counterfeit...

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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...

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You would think, as one of the biggest buyers of Electronic Component stock, that Component Sense would be encouraging you to sell your stock? Generally, our advice is quite the opposite. Our primary motivation is to give you the correct advice. Our growth is built on creating lasting relationships with all of our customers. By delighting you, our customer, and over delivering on service and return, we hope to retain you as a customer for life. The power of our consignment program is the cumulative effect of sales over time. Our consignment program delivers an overall return that is likely...