Forklift in warehouse

Electronics Supplier Relationship Management: How To Acquire New Suppliers

News TeamBusiness, Components, Distribution, Industrial, industry, Medical, military, Parts, Procurement, purchasing, sourcing, suppliers

Many electronic components are used for military applications and other restricted satellite and radio frequency uses, and require authorizations to purchase, export/import and even posess/use. Any credit app has some basic information that you should always

Electronic Components Shortages: Worldwide Effects Of The Pandemic

Chris CollinsAutomotive, Business, certified components, Components, Distribution, industry, m12, Nylon, Parts

One way to fight against this inflation is to procure early in order to maintain price for your customers longer. It is inevitable that there will be increases over time, but we can at least help the situation by holding stock for longer that we know will be used by our faithful clients. This adds risk to manufacturing, so there needs to be some commitment from the customer side as well to limit that risk as far as promises to continue buying for the lifecycle of the product.