Component Sense Blog

Tag: Bill of Materials (BOM)

Component Sense launch the ultimate inventory management tool

Component Sense launch the ultimate inventory management tool
We are challenging you to think about your excess stock in a new way. We are not talking about your traditional E&O products that you have no further use of, but your MRP excess. Stock that is excess because you no longer need it usually accounts for around 1% of revenue. MRP excess, stock that you will use eventually but do not need right now tends to range from 3 - 10% of revenue. In a perfect world of "just in Time" of course there is no such thing, however, in the real world this is waste that can now...

Risk Free Cost Reduction for Electronic Manufacturing

Risk Free Cost Reduction for Electronic Manufacturing
In times of Olde (Pre 2005) smart buyers were always looking to Brokers to help them save money on their Bill of Materials (BOM). Accessing someone else's excess stock was a great way to buy for less. A motivated seller is often prepared to take a loss on their stock creating a bargain for you, the buyer. In recent years, this has become fraught with danger. Cost reduction without Risk! Many OEM and EMS companies now only look to brokers for desperate situations caused by a line down or obsolescence. The curse that is counterfeit parts has created enough doubt...

OEM and EMS Cost Savings, No Risk!

OEM and EMS Cost Savings, No Risk!
It is a tough challenge for most OEM and EMS companies to compete with their tier 1 counterparts. Typically smaller companies pay 30-40% more than they need to for basic commodity parts. Flextronics or Jabil prices are unachievable for the majority of OEM and EMS companies because of their position in the marketplace. Many Broker OEM and EMS companies are signing up to our New "BOM Matching" service to access fully traceable, top quality guaranteed parts at a fraction of their current cost. You are perhaps already buying our stock via your preferred suppliers. Our Bill of Materials (BOM) Matching...

Access fully traceable, guaranteed parts at a fraction of their current cost

Access fully traceable, guaranteed parts at a fraction of their current cost
Many OEM and EMS companies rely on an Independent Distributor or Broker to search for hard-to-find and obsolete parts. Your preferred broker will typically have somewhere they go to search for you. They may search through the many forums that are out there such as: NetCOMPONENTS, Broker Forum, IC Source and many more Asian based platforms. There are also companies like Find Chips and Octoparts that you can access directly to search through franchised and trusted stock which is a useful tool. These companies often have pricing on them so you can click through and "buy now". We advertise on...

Efficient Sourcing for Independent Distributors

Efficient Sourcing for Independent Distributors
Global part searching companies often have to search for hard-to-find and obsolete parts and they will typically have a clearly defined process for doing so. They may search through the many forums that are out there such as: NetCOMPONENTS, Broker Forum, IC Source and many more Asian based platforms. There are also companies like Find Chips and Octoparts that will allow you to search through franchised stock which is quite a useful tool. These companies often have pricing on them so you can click through and "buy now". We are at present on all of those forums but you can...

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