Component Sense Blog

Tag: traceability

Another Company's Treasure: Why Component Sense Values Legacy Stock and our Advice for Repurchasing

Another Company's Treasure: Why Component Sense Values Legacy Stock and our Advice for Repurchasing
If you are in the electronics component industry, you might be surprised to see our company advertising ‘legacy stock’ inventory. The electronics industry is constantly evolving, with new more efficient, smaller, and faster components entering the market at a rapid pace. So, why would Component Sense actively hold and promote legacy stock? We define legacy stock as including any components older than ten years old. By holding on to these older parts, we at Component Sense can cater to certain valued customers. For example, our partners in the international automotive, military, and governmental industries often rely upon an older selection...

EMS Finance Directors: How to turn your E&O stock back into cash with our tailored In-Plant solution

EMS Finance Directors:  How to turn your E&O stock back into cash with our tailored In-Plant solution
Is your senior management team committed to driving down excess and obsolete inventory levels? Read on to find out how we can help as Kenny McGee, CEO of Component Sense, highlights how to turn your E&O stock back into cash. Management awareness of the impacts of excess or obsolete (E&O) inventory is vital. Recently the US Supply Chain Resource Cooperative identified a number of characteristics associated with a properly developed excess and obsolete (E&O) inventory strategy published on 20 April 2018 in EPS News. The most obvious of which is.... E&O should be viewed as pure cash. Source: Excess &...

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...

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