Component Sense Blog

Tag: Supply chain Management

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...

Why you should never sell your excess or obsolete electronic component stock for cash!

Why you should never sell your excess or obsolete electronic component stock for cash!
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...

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