Monday, December 30, 2013

How To Sell Electronic Parts

As the market evolves and new components appear on the market, you may find the need to sell your old components. If you are a manufacturer, knowing how to sell your electronic parts efficiently and profitably is imperative. Manufacturers that are able to do so maximize can maximize their profits.

In order to sell electronic parts for a profit, it is important to understand and keep up with the ever-changing market trends. One of the ways to do so is to employ an individual or a team who understand the market, can measure the value of the old components, and sell them in an efficient manner. Although some companies choose to employ in-house, it can be costly and take away from the profitability of selling components.

A more cost efficient method of selling components is to hire a reliable electronic component distributor. As a third party, distributors often make it their business to sell components for manufacturers. Because they are experts in the field and have the proper connections, they can help you sell your electronic components profitably and efficiently. In many cases, the distributor will charge a percentage of the price they sell your parts for, encouraging them to sell for a higher price and therefore, make you a bigger profit.

Overall, using a distributor is typically the best way to get the highest bid for your components. Some distributors even participate in excess inventory consignment, allowing you to have your unnecessary components on the market for sale, but retain the rights to them until they are sold. This is especially productive for manufacturers that are unsure if they want to sell certain components or what they could get for them in the current market.

Harry Krantz Company is a reputable electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

To protect their customers’ reputation, they comply with all of the government regulations. Harry Krantz Company holds the ITAR registration and is ISO9001:2000 and AS9100:2004-01 UL certified. Additionally, they help sell finished products as well as electronic parts.    

Thursday, December 19, 2013

Where to Find Obsolete Electronic Components

There are a plethora of industries that require the use of different electrical components, and since these components are being replaced by newer, better versions, components for industries like medical, aerospace, automotive, and others tend to become obsolete rather quickly. This leaves the industry to search for where to find the best obsolete electronic components. With a little research and searching, finding the right components isn't as hard as you may think.

When needing to search for obsolete components, there are several factors one should consider. While it is true that technology is moving at record speed today, many people in certain industries find that it is more cost efficient to hold onto older electronics than to replace them with newer versions. When this is the case, finding a electronic distributor that deals in quality obsolete components is an absolute must. This can allow companies to save money, time, and headaches when they can trust their distributor. Luckily, there are more people out there now that deal with older electrical components, so finding the right one for you isn't as difficult as it used to be.

There are plenty of sites on the Internet that you can turn to when you want to find out about the reputation of a company. This can prove extremely useful when searching for the right electronic distributor that can meet your needs without forcing you to update all of your electronic equipment in a  market that is constantly getting newer versions. When you have a product that needs to have quality, replacement parts, a search can yield you tons of information about a company. You can often find out how long they have been in business, what sort of products they specialize in, how trustworthy they are, and even if they offer a good value for your money. This can allow you to get all of the obsolete electronic components you need without having to go with multiple distributors.

Be careful when looking for the right distributor, as some companies use counterfeit parts or inferior materials in their products. This can cost you much more than money if someone is hurt due to faulty electronic components. This is the reason that hunting for the right distributor that deals in obsolete equipment is crucial. When you find the perfect one, you can save time, money, and the important reputation of your business.

Monday, December 9, 2013

How to Find Reliable Electronic Component Distributors

There are many various industries that need reliable electronic components to be able to succeed in their fields and get their jobs done. Some of these industries are military, aerospace, medical, and auto. Not only do these industries have to be certain that the distributors they choose can create precision machine parts, they have to also choose a company that can handle large orders at the same time. Finding a reliable electronic component distributor is crucial for these industries to maintain their high standards and reputations.

Some of the things that are important when deciding on a good distributor is their reputation, experience, the ability to fill orders promptly, and the cost associated with their service. It is important to take the time needed to find the best distributor that can handle creating the parts needed without worry of defect or inferior products.

With the proper research, it is possible to find a company that has been in business long enough to have established a good track record with many customers. When you can go into business with a company that always gets it right, you won't have to waste time and money by having to work with several different electronic component distributors. This is also important to make certain that the company makes genuine parts, and that none of their products have been counterfeited. Counterfeit or inferior products an issue that can cause terrible problems with the industries' reputation, bottom line, the efficacy of their products, and can even place consumers in peril if the parts prove to be defective.

It is also vital to be sure the distributor has a wide array of choices when it comes to components. Since parts tend to become obsolete quickly, you should make sure that they still keep these parts available afterward, so you don't have to scramble around searching for parts from different companies.

Your distributor should be able to easily handle all of your big or difficult orders with quick delivery. The length of time it takes to receive an order can make a huge difference in any industry. Research is what will show you which companies out there will be able to give you the fastest turnaround time along with allowing you the finest quality components at competitive prices every time. Spending some time comparing and contrasting companies can make the difference in having a great relationship with your distributor, or a constant headache and loss of profits.

Thursday, November 21, 2013

QTSL Certification Makes A Difference When Partnering With An Electronic Component Supplier

The Defense Logistics Agency and Maritime’s Qualified Testing Suppliers List (QTSL) certification is awarded to electronic component suppliers who value quality assurance and state-of-the-art detection procedures against counterfeit electronic products. The Defense Logistics Agency awards a small selection of suppliers each year that work directly with government and military systems. In its constant efforts toward quality assurance, Long-Island based Harry Krantz Company received the QTSL certification after a comprehensive audit with the Defensive Logistics Agency in March 2013. By the Defense Logistics Agency’s standards, Harry Krantz Company is a qualified distributor eligible to supply Federal Stock Class (FSC) 5961 and 5962, military and commercial grade product.

QTSL products are from suppliers, such as Harry Krantz Company, who implement top of the line anti-counterfeit programs that adhere to industry and international standards. In order to earn the certification, each company must undergo a thorough and extensive evaluation that monitors their quality management system and inspection methods. If you are looking to partner with an electronic component supplier, such accolades are an extra seal of assurance that you are working with a trusted company. If you are unsure what to look for, many electronic companies seem very similar. However, it is important to get a deeper look at their procedures and certifications. Common anti-counterfeit detection methods that are important to look for are X-ray screening, lab testing, physical examination and DNA marking.

Proper inventory management and a large inventory selection are also strong points when comparing electronic companies. When partnering with an inadequate supplier, consumers are putting themselves and their own clients at risk. Hiring an experienced supplier that is certified by the Defense Logistics Agency, or other national or local organizations, adds an extra peace of mind. As a consumer, you want to be reassured that these necessary procedures are in place.

Saturday, November 9, 2013

What Does QTSL Certification Mean For An Electronic Component Supplier?

When an electronic component supplier is deemed eligible for the Defense Logistic Agency and Maritime’s Qualified Testing Suppliers List (QTSL), it says a lot about their ability to maintain quality assurance in every aspect of the company. The Defense Logistics Agency certifies only a handful of distributors that work directly with government and military systems. Before certification, a company must undergo an intense and extensive audit that evaluates their quality management system and inspection procedures. If a supplier is certified by the Defense Logistics Agency, audits are repeated every three years to make sure a company is consistent with their effective tactics.

According to the Defense Logistics Agency, QTSL products are from suppliers that practice solid counterfeit avoidance and quality assurance procedures that measure up to the highest of both industry and international standards. When it comes time to choose an electronic component supplier to partner with, certifications like this can make a big difference. Within the electronic industry, counterfeit items are a growing concern for both distributors and consumers.  Knowing that a company holds such a prestigious certification in counterfeit avoidance speaks volumes. If a counterfeit item enters your supply chain, you are putting your both your business and your clients at great risk. Knowing that a company has been evaluated and certified by a national agency based on their quality assurance procedures also says a lot for their company. Proper inventory management, state-of-the-art products and consistent customer service solutions are not always easy to come across and are the keys to a successful business in the electronic industry.

Harry Krantz Company is a qualified distributor eligible to supply Federal Stock Class (FSC) 5961 and 5962, military and commercial grade product.

Tuesday, November 5, 2013

Why CCAP-101 Certification Is Important For Independent Distributors

In the electronic component industry, anti-counterfeit programs are essential. While the production of counterfeit components in a multi-billion dollar problem, companies handling electronic components must take all the precautions possible to ensure they are authentic and safe before they enter the supply chain and more importantly the hands of a consumer. Electronic component distributor must practice counterfeit avoidance procedures on every item that enters their supply. Procedures range from X-ray screening, lab testing, DNA marking and more. Some distributors take an extra step by applying for national certifications in anti-counterfeit programs such as the Counterfeit Component Avoidance Program (CCAP-101) certification through the Components Technology Institute in Huntsville, AL.

Counterfeit electronic component distributor pose a huge threat to companies and consumers. When an item becomes obsolete, counterfeit copies are usually produced because the item is more difficult to find, but counterfeit components are not just isolated to obsolete parts. If a counterfeit electronic part is unknowingly accepted by a distributor, their business is at risk for a loss of revenue. The consumer who ultimately purchases that part is also at risk. Electronic components are necessary to almost any industry, but counterfeit components are especially harmful when they are distributed within military and government systems. With the rise in counterfeit parts and the potential danger they cause, it is wise to work with a company that is certified. Before becoming certified, distributors must pass a thorough audit performed by the Components Technology Institute. The evaluation examines every aspect of the distributor’s quality management procedures and capabilities against counterfeit components. Certified distributors must utilize state-of-the-art counterfeit avoidance tactics, like X-ray examinations and lab testing. Certifications are active for 12 months before the distributor must be re-evaluated for renewal, and can be revoked or suspended at any time if an independent distributor is found to be carrying counterfeit items.

Thursday, October 24, 2013

What To Look For In A Reliable Electronic Component Distributor

Working with a solid outside source for electronic components can be very beneficial to any business. By working with a distributor, you can save yourself a significant amount of time and money, as well as acquire only trusted, quality products. To guarantee yourself and your company these benefits, you must make sure you find a distributor that is reliable and experienced within the electronic industry.

When it comes time to order electronic components, several precautions must be taken. Electronic components are vital to almost any field, but that doesn’t mean everyone is well acquainted with them. Partnering with an Electronic Component Distributor can help eliminate any confusion. Familiarizing yourself with a distributor before making a commitment is a smart approach. A reputable distributor will stay up to date with the most recent technology to avoid counterfeit products. Technology is constantly changing and the latest tools and techniques are necessary to ensure electronic components are authentic. Standard counterfeit detection methods range from microscopy, x-ray examination, DNA marking and outside lab testing. Taking an in depth look at the distributor’s inventory is also very important. You want to make sure they carry a wide range of items should your needs ever change. A back-up stock of items is a major plus as well, incase you ever need a surplus of supplies due to increased demand or if you need to place an order in advanced. Consignment services are also something to look for when shopping around for a distributor. Many electronic distributors offer custom consignment partnerships that help you manage your inventory better. Excess inventory can build up and pose a dilemma for smaller companies. Through consignment, you can rid your shelves of these items in a safe way that brings you money back. Larger distributors will usually have a decent network of colleagues and clients looking for specific obsolete parts.

Long Island-based Harry Krantz Company is the largest Electronic Component Distributor in the world today, specializing primarily in high reliability components for military and government systems. With more than 70 years of experience in the electronic industry, the professionals at Harry Krantz Company strive to provide dedicated and personal service to every client. Through proper quality management, secure item analysis and careful inventory management, Harry Krantz Company remains at the top of the electronic industry.

Friday, October 11, 2013

Understanding More About Obsolete Electronic Components

With today’s advanced technology, the electronic industry is constantly changing and some items that were once popular components can quickly become less in demand, or completely obsolete. Obsolete Electronic Components can lead to several issues within the electronic industry if they are not properly handled, from counterfeit duplication to a loss of profit when left sitting on the shelf.

When manufacturers are found with obsolete items, many feel stuck. Generally, obsolete items take up extra space in the inventory and are already paid for. To ensure a financial return and keep your inventory running smoothly, it may be best to consult with a reputable electronics distributor. An electronic distributor with notable experience and success in the industry will usually have a large network of colleagues to quickly sell your items in a way that gives you a maximum return. Through consignment partnerships, manufacturers can retain ownership of each item they choose to sell until a final sale is complete. Some distributors offer outright purchasing options as well, where they will pay a flat cash rate for components from the selling manufacturer.

For those looking to purchase Obsolete Electronic Components, it is important to be aware of counterfeit production and how common it is with hard to find components. Counterfeit production is a rising problem in every area of the electronic industry, but more specifically with obsolete items. If a manufacturer no longer makes an item, finding it is clearly a more difficult task. Because of this, many people try to duplicate the item with false materials. Counterfeit items can be extremely harmful to a company and its clients. When a counterfeit item enters the supply chain, it can damage the company’s profit potential and overall quality process. When a counterfeit item ends up in the hands of a consumer, it puts them at an immediate, unnecessary risk. It is important to work with distributors that practice careful screening and counterfeit avoidance.

Long Island-based Harry Krantz Company is one of the largest electronic component distributors in the world today, specializing primarily in military and high reliability components. With more than 70 years of experience in the industry, the professionals at Harry Krantz Company strive to provide dedicated and personal service. Through proper quality management, secure item analysis and careful inventory management, Harry Krantz Company remains at the top of the electronic industry.

Thursday, September 19, 2013

How Important is Excess Inventory Management In Business Operations?

When it comes to managing excess inventory, organized solutions are key to success. Without the proper approach, especially for those handling a large inventory, companies could potentially suffer a great financial loss and obstruct future production.

Before managing excess inventory, companies must implement effective inventory processes. By accurate inventory management, distributors can track trends in purchasing and better prepare their inventory for the future. It is very important to analyze and properly record each incoming item, especially with the rise of counterfeit components entering the supply chain.

Surplus components occupy unnecessary space and delay profit. To successfully manage these issues, a company must dedicate a significant amount of time and resources to the solution. Excess Inventory Management requires a team of quality professionals trained to work within the lines of industry standards.

Excess parts will often accumulate with items that are purchased infrequently. While sometimes it is good for the company to be able to supply such items on short notice or when other companies cannot, it still must be addressed. In many cases, companies can manage the parts in a way that they will not lose too much money, like consignment and outright purchasing. Customized consignment partnerships and outright purchasing are common solutions for many professionals in the electronic industry where distributors can receive an optimal return on their excess inventory.

Harry Krantz Company, one of the world’s most eminent distributors of electronic components, stocks an inventory of more than 750,000 parts. With the latest technology in counterfeit detection and inventory resources, Harry Krantz Company can almost always trace their products back to the original equipment manufacturer (OEM).  The staff at Harry Krantz Company understands the value of Excess Inventory Management and how it improves their supply chain process to better serve their clients. For more information on the leading stocking distributor of military and high reliability components.

Sunday, September 1, 2013

What Are Obsolete Electronic Components?

In the rapidly-growing manufacturing industry, the only constant is change. As the society progresses in technological developments across all industries, from the consumer to the military, at an increasing pace, electronic parts being used to manufacture new products are quickly becoming obsolete as well. Obsolete electronic components are electronic parts that are no longer produced by their original manufacturer. This can create a scarcity of supply, especially if these components continue to be necessary in the manufacturing of various products.

The natural growth of the industry is the primary cause of electronic parts becoming obsolete. However, other causes such as government and environmental bans can make parts obsolete as well. Regardless of the country they are established in, bans can affect worldwide distributorship and production. For instance, if a ban is placed on a product in a certain country, it is no longer able to travel through it. Therefore, its delivery route must be changed and can become too expensive for manufacturers in certain countries to obtain.

Once a component becomes obsolete, the manufacturers that continue to need the part must quickly secure an inventory of it. This can be a rather frustrating and daunting process, unless the manufacturer employs the services of an electronic component supplier that either has a large inventory of obsolete or hard to find parts or has a vast network from which they can acquire them. An experienced supplier will be able to provide you with the components you need and educate you on any alternatives you may want to consider as well.

It is suggested that you begin your search for obsolete electronic components online. Several distributors now have interactive request-for-quote (RFQ) systems where you can search parts by their number or name and receive a quote in a timely manner. It is still suggested, however, that you review the experience and reputation of the suppliers you are researching prior to purchasing parts in order to ensure that you are receiving quality product as well as quality service. Affordability should be considered as well when making your selection.

Harry Krantz Company has over 70 years of experience in obtaining obsolete electronic components. They comply with all government regulations and their counterfeit assurance program is strict and thorough to ensure their clients' satisfaction.

Thursday, July 25, 2013

Are You Looking to Sell Electronic Parts?

Selling electronic components can be a challenging task, especially if you are not experienced in doing so. Many manufacturers make the mistake of thinking that since they are able to compose a product that they know the value of the components in the market. Unfortunately, the electronic component market is highly fluid and changes almost on a daily basis. This is becoming increasingly evident as the growing demand for newer, more efficient technologies is pushing many components into obsolescence, seemingly overnight.

Because of this, more and more manufacturers across all industries are realizing the need to manage their inventory efficiently. However, most are not knowledgeable in which components to sell, keep or buy more of. In this case, it is beneficial to hire a professional distributor that offers excess inventory consignment services.

Excess inventory consignment is the safest way of profiting from your unused components. An experienced distributor first evaluates your inventory and educates you on when to sell electronic parts, or when to keep them or buy more. This evaluation will give you a better idea of the market trends and the relative profit you can expect from selling your components. While engaging a distributor does not guarantee that you will make a profit on your components, it does raise your chances.

Once you decide to put your excess inventory for sale, the distributor will start using their marketing resources and extensive network to promote your components. However, the components remain under your ownership until the point of sale, allowing you to take them off the market if you need to. It is suggested, however, to take the advice of the distributor in order to make the most profit. The distributor will also provide you with invaluable knowledge about when to purchase more of any components you may need. Selling your components or products through consignment allows you a certain level of control which is a comforting aspect considering the often unpredictable nature of the electronic components market.

Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

Monday, July 1, 2013

A Reliable Way to Sell Electronic Parts

An increasing number of manufacturers are looking to outsource the management of their electronic components. This is largely due to the fast pace at which technology changes, causing the need for electronic parts to change as well. Manufacturers who are unsure about the most profitable way of selling electronic components they no longer need should hire a reliable electronic component distributor.

In order to sell electronic parts profitably, manufacturers would benefit from finding a distributor that is experienced in inventory management, has a large network of buyers and I knowledgeable in market trends. Furthermore, they should be in compliance with all legal and quality standards. This will ensure that your reputation is not hindered by any mistake due to the negligence of the distributor. Typically, companies that have been in the industry for over a decade have the necessary expertise to help you sell your electronic parts profitably and in a timely manner.

It is important to thoroughly research your options of distributors that can offer you excess inventory consignment services. When examining their compliance and quality standards, be sure to examine their counterfeit prevention program as well. This will ensure that any components that you buy or sell through them will be examined thoroughly and will not adversely affect your production or your reputation.

Another important factor to research and compare is affordability of their services. Typically, distributors take a percent of the components they sell. In order to sell electronic components for the manufacturers, distributors use their marketing efforts and network. However, manufacturers own the components until the sale is complete, which allows for them to withdraw the components through the market rather easily at any time.

Harry Krantz Company is a reputable electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

To protect their customers’ reputation, they comply with all of the government regulations. Harry Krantz Company holds the ITAR registration and is ISO9001:2000 and AS9100:2004-01 UL certified. Additionally, they help sell finished products as well as electronic parts.

Tuesday, June 11, 2013

How to find obsolete electronic components

As technology advances, electronic components become obsolete and it can be difficult to replace them unless you know where to search. An online search for obsolete electronic components or “end of life electronic components” produces numerous results that enable you to find the old electronic components you need. However, you must first qualify the seller of the components to ensure that the parts are authentic.

Electronic parts that are obsolete are often duplicated, making them counterfeit. The sale and use of counterfeit components produces a serious danger to the consumer of the finished products as well as the reputation of the manufacturer. Therefore, it is important to find a distributor that has a strict quality assurance program and test each component prior to selling it.

Once you narrow down your choices, go through the distributor’s database and parts availability, check the terms and conditions and you may also find testimonials from clients who have purchased the components. That gives you a good idea of the components you’ll receive and their quality.

Affordability is a concern as well. It is most beneficial to find a distributor that offers the best components at the lowest price. You can also contact the supplier by phone to check their stock of components and any services that they may offer.

Here are some of the obsolete electronic components that can be found via an online search:

Capacitors –
variable capacitors, fixed capacitors and film capacitors are available from reliable suppliers.

Electronic connectors –
military connectors, circular connectors, A/V connectors and RF connectors can be found online.

Obsolete fuses – industrial, high voltage, automotive and poly switch fuses are available for purchase.

Integrated circuits – memory chips, microprocessors, analog and digital integrated circuits, DRAM, EPROM, SRAM and laser diode circuits are frequently requested.

Military components and parts –
to address U.S. Department of Defense needs obsolete mil-spec components integrated circuits and semiconductors are available.

Computer parts – keyboards, laptop accessories, mice and other components are available.

A distributor with a wide variety of obsolete electronic components is able to provide you with the necessary components in a timely manner. As technology advances and components become obsolete at an increasing rate, you may want to consider hiring a distributor to provide you with those components on a regular basis.

If you haven’t found the right distributor for your company yet, Harry Krantz Company has over 70 years of experience in obtaining obsolete components. They comply with all government regulations and their counterfeit assurance program is strict and thorough to ensure their clients’ satisfaction.

Monday, May 27, 2013

Electronic Component Distributor Can Help Many Aspects of Production

As a manufacturer, you understand the importance of having a good team. If one part of the team does not perform to its best ability, the whole production can be affected. On the other hand, if you employ the services of a reliable individual or company, you will be able to improve your efficiency. For instance, a good electronic component distributor can help ensure that your productions continues to run smoothly by helping you acquire the electronic parts you need, verifying their authenticity and delivering them in a timely manner for an affordable price. Furthermore, some distributors offer additional services such as inventory management, excess inventory consignment and more to keep your production moving.

Harry Krantz Company is a well-known distributor with over 70 years of experience serving manufacturers in various industries, with a specialization in military and aerospace.  Their key to time-proven success is becoming part of the manufacturer’s team and rather than being on the sidelines, they get involved in improving their clients’ overall efficiency by providing them the exact services they need. Furthermore, they are in compliance with all applicable government regulations, ensuring that their reputation, as well as their clients’ is not compromised.

Quality assurance program is another important factor that has made Harry Krantz and other electronic component distributors successful. All manufacturers understand the dangers counterfeit components present to production, profit, safety and reputation of all parties involved. Therefore, it is important to have a distributor that runs a strict quality assurance program and test each component they receive and re-sell to you, the manufacturer. Some of the methods that should be used to test components include physical testing, including taking measurements and ensuring the authenticity of OEM markings, as well as electrical testing, which is typically the most indicative method.

Hiring a distributor is beneficial in today’s rapidly - changing technological world. As the demand for newer, faster and more efficient technologies is rising, an increasing number of electronic components are facing obsolescence in a short period of time. Once electronic parts are no longer produced by the original manufacturer, or they become obsolete, they are difficult to find, especially for an affordable price. However, many manufacturers still rely on those components and in order to avoid the frustration of finding them or unknowingly buying fakes, manufacturers hire distributors who utilize their large network of sellers and find the necessary components.

Monday, May 20, 2013

Sell Electronic Parts Through an Electronic Component Distributor

Selling electronic parts can be a difficult and frustrating process, especially for manufacturers who are not as knowledgeable about the market as they would like to be. Selling can also be time consuming and involves various procedures in order to ensure that the sale goes smoothly. While some manufacturers are successful at selling their excess components themselves, others choose to hire electronic component distributors.

Distributors typically offer the services of locating and purchasing components for manufacturers, as well as testing their authenticity. However, some distributors have expanded their services to include excess inventory consignment, which allows manufacturers to put their excess components or products on the market but retain ownership of them until they are sold. This is the safest and typically the most efficient way to sell electronic parts, especially due to the rapid changes in the technology market.

Utilizing the services and knowledge of electronic component distributors helps manufacturers better understand the current market trends and get advice on which components are best to sell, keep or buy and when. Furthermore, distributors use their large network of suppliers as well as other marketing efforts in order to sell the manufacturers’ products and components. Typically, the distributor earns a percentage of the sale price for their efforts once the component is sold.

There are several distributors which offer such consignment services, however it is important to choose the right one for you. When researching your options, look at their experience, track record and affordability. It is important to entrust the selling of your excess inventory to a distributor that has at least a decade of experience in the market and has a good reputation. Additionally, their services should be affordable.

Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

Monday, May 13, 2013

Obsolete Electronic Components in The Consumer Market

As technology continues to advance at a rapid pace, obsolete electronic components are being formed on a daily basis. This is evident across all technological markets including the automotive, military, industrial and especially, the consumer market. More so than in any other area, the consumer market sees both planned obsolescence and that which happens due to rapid changes to the technologies.

Planned obsolescence is a marketing technique which helps ensure that the consumer continues to buy new products every couple of years by producing a set number of replacement parts. There are two stages to the planned obsolescence program. First, the manufacturer of parts ensures that their life expectancy is that of 2-5 years depending on the product. Secondarily, only a certain number of replacement parts are made until they are no longer manufactured and therefore considered obsolete electronic components. The combination of these two steps ensures that only a certain number of consumers can buy replacement parts once their parts stop functioning and the rest are to buy whole new products. This is typically done with frequently used electronics such as computers and mobile devices, including cell phones, broadband devices, tablets and more.

Most electronic components, however, become obsolete due to the rapid advancements in technology. The demand for faster, more intuitive and more efficient machines also creates a demand for electronic components of such kind. However, some manufacturers still need the parts which become obsolete for creating other products and are faced with the frustration of finding authentic components and purchasing them for an affordable price. Manufacturers who are experienced in the industry typically employ the services of a reliable electronic component supplier to find and purchase obsolete electronic components for them.

Besides being able to find obsolete parts, which can be an arduous task, suppliers also ensure that the components are authentic through various methods of testing. Depending on the components, testing can include checking OEM markings, physically measuring the device, as well as electronic testing, which typically provides the most accurate results. The use of counterfeit products can cause the finished product to malfunction and furthermore, create a catastrophic situation. Therefore, it is important to hire a supplier that has a proactive counterfeit prevention program.

Harry Krantz Company is an electronic component supplier with over 70 years in the business and a strong counterfeit prevention program.  Several factors contribute to their success including their quality assurance program, affordability and efficiency.

Monday, May 6, 2013

The Best Option For Handling Excess Inventory of Electronic Components

The collection of inventory not readily usable, or excess inventory, is a common issue for manufacturers. It is typically caused by the rapid pace at which technology evolves, speeding up obsolescence of electronic components which end up taking up space and resources in the manufacturers’ warehouses.  Manufacturers that do not have a proactive plan on how to use, sell or otherwise deal with the excess inventory can lose profit. Therefore, it is beneficial for them to employ the services of electronic component distributors to manage their excess inventory.

Excess inventory consignment services are one of the best options for manufacturers who are unsure of the best time to sell, buy or keep their inventory. This provides them with the opportunity of putting their inventory on the market, but being able to retrieve it at any point before it is sold.  An electronic component distributor can help sell inventory by utilizing their network of buyers and marketing the product. They also may be able to provide you with advice on which components or products are best to keep and which should be sold.

However, before partnering with an electronic component distributor for consignment services, it is important to thoroughly research your options. A distributor that you choose will either be able to help you gain profit or could possibly damage your reputation. To avoid the latter, make sure that the distributor you work with has the proper knowledge, experience and compliance standards. 

Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment as well as supplying components to various industries including the military and aerospace markets. Their knowledge and reputation grants them access to a large network of buyers to help turn manufacturers’ excess inventory into profit. Additionally, they utilize their ongoing marketing efforts to ensure that new buyers are attracted to the manufacturers’ products as well.

Time-tested knowledge and experience such as Harry Krantz has is important when entrusting your property to a distributor. If you are not experienced in selling components, which many manufacturers are not, you will require guidance as to how to best manage your inventory. Distributors that have been in business for over a decade are likely to be knowledgeable about the best ways to manage your excess inventory, taking into consideration the current and expected market trends.

Meeting the market requirements with skilled market strategies

The fast pace at which technology grows and changes across all industries, from consumer to warfare, requires manufacturers to optimize their productivity. Besides having to closely manage their inventory and their resources, manufacturers must also obtain authentic electronic parts at an affordable price. With the quickening obsolescence of components, acquiring authentic components is becoming a frustrating and stressful process for most manufacturers.

Besides being a nuisance, the sale and use of counterfeit components is also one of the biggest threats to the efficiency of production. However, manufacturers that hire reliable electronic component distributors are able to delegate the responsibility of acquiring authentic parts to them. Distributors are capable of doing so rather easily and efficiently due to their large network of suppliers as well as intricate knowledge of the market trends. Additionally, distributors such as Harry Krantz Company have in-house testing centers to ensure the authenticity of the components they sell. For any additional testing, they have networks of testing centers at their disposal.

In addition to being able to find manufacturers components, electronic component distributors are able to provide services such as inventory management and excess inventory consignment in order to further increase the manufacturer’s efficiency of production. An increasingly popular trend, outsourcing inventory management allows for the manufacturer to free up in-house resources and utilize the experience of professionals to manage their stock of supplies. This helps organization efforts as well as space management.

Excess inventory consignment is another service an increasing number of manufacturers are outsourcing to trusted electronic part distributors. With the knowledge and experience they have in the market, qualified distributors are best to advise manufacturers on when to buy, sell, or keep their components and furthermore, they are capable of helping manufacturers sell them, if it is the right time. Consignment indicates that the manufacturer is the owner of the product or component until the point of sale. However, in the mean time, the distributor uses their networks and marketing efforts to sell the component. This service is best trusted to experienced distributors, which have been in the business for a considerable amount of time.

Harry Krantz Company is an electronic component distributor with over 70 years of experience serving manufacturers in various industries, with a specialization in military and aerospace. Their knowledge of the market and ability to adapt to its changes makes Harry Krantz an effective distributor capable of helping their customers by both allocating components and providing invaluable advice.

Friday, April 26, 2013

Electronic Component Distributors Can Secure Authentic Components

The sale and use of counterfeit electronic components is becoming an increasing problem throughout all technological industries. From the consumer to the military, counterfeit components propose a threat to the integrity of the finished product, while in some cases, putting lives at risk. For manufacturers, this is an issue that can halt their productivity, damage their reputation, and even close their doors. To avoid purchasing and using such products, a growing number of manufacturers are beginning to hire electronic component distributor.

Electronic part distributors are able to not only allocate and acquire the necessary components for their clients, but they are also able to test them. The testing process includes measurements, inspection of known parameters and authenticity indications, such as permanent OEM markings, as well as more involved, mechanical procedures such as x-ray and electric testing. One of the more thorough procedures is the electric testing over temperature as it will exert a high-pressure atmosphere on the component to see if it is authentic. This is comparable to telling substances apart by measuring their boiling point. A counterfeit component, in majority of the cases, will not be able to withstand the same duress that an authentic product can.

The allocation process of electronic components, even those that are obsolete or difficult to find, is typically simpler for the electronic component distributors than it is for the manufacturers. The major reason for this is the large network of trusted buyers and seller that seasoned distributors have from whom they can acquire the components. Distributors are also knowledgeable about the market trends are therefore normally able to get better deals for the manufacturers than the manufacturers could by themselves.

When researching your options of distributors, be sure to consider their experience in the business, their reputation and the amount of product they have in-stock. Experience is an important factor to take into account as the more experienced companies are more likely to have a larger, more established network of sellers. Distributors with a large inventory are also more likely to be able to get you the product in an efficient manner.

Harry Krantz Company is a reputable supplier that has specialized in allocation and sale of authentic military parts for over 70 years. Although they provide electronic components to numerous industries, Harry Krantz Company specializes in providing authentic parts to the military and aerospace industry.

Tuesday, April 16, 2013

Will The Recent Sequester Affect Military Components Market?

The acquisition of military components is often a frustrating task for manufacturers who are not utilizing the services of an electronic component distributor. However, the recent developments of the sequester will greatly affecting the purchasing allowance of the Department of Defense for military products is creating an even bigger problem for the supply chain. The sequestration which began on March 1, 2013, calls for a $46 billion spending reduction, $41 billion of which will be made through ending of contracts with military product suppliers and cutting their extensions.

While the sequester provides an additional obstacle, the old ones will continue to ensue. Specifically, the threat of counterfeit components continues to be immense across all technological industries. The use of sub-par components in the military can be especially catastrophic as lives of both soldiers and civilians could be put at risk if the product malfunctions. Subsequently, this will mean loss of profits and reputation for the issuing company.

The sequestration of the Department of Defense may have a positive effect on the sale of counterfeit products as manufacturers will have to be especially careful of the components they are purchasing. Counterfeit prevention can be ensured for manufacturers by hiring electronic component distributors to test their military components prior to utilizing them in production. When looking for a reliable supplier, consider several factors including their counterfeit prevention system, years in the business, and affordability.

Partnering with the right electronic component supplier is now more important than ever before. As the industry will inevitably shrink during the sequester, it is important to create a tight-knit circle of servicers a manufacturer can rely on. As always, quality should be the prevalent concern and a distributor with the best counterfeit prevention program may be your best option. For instance, Harry Krantz Company ensures that all of their inbound and outbound inventory is subject to a 30-point quality inspection checklist in accordance with the IDEA 1010 standard. In addition to their in-house testing, they also collaborate with outside qualified testing labs to ensure their customers receive quality components in a timely-manner.

Quality products must also come at an affordable price from a supplier that knows the market trends. With over 70 years in the business, Harry Krantz Company understands the military component market and is able to advise their customers on when to best buy, sell or keep their components.

Monday, April 15, 2013

Why Choosing an Obsolete Electronic Components Distributor Can Boost Efficiency

Obsolete electronic components are pieces of electronic equipment used in production that have been, willingly or unwillingly, phased out of production by the original manufacturer. These components become obsolete mainly due to the invention of newer, more advanced and efficient technologies, though other reasons do exist. An obsolete component may still be in demand by companies other than the original manufacturer for their production, but can be difficult to find. To save time and frustration, manufacturers typically hire electronic component distributors to provide them with the necessary components.

The prevailing cause for the formation of obsolete components is the development of newer, faster technologies that would compete for public demand. Another reason is a planned phase-out of the product by the original manufacturer, which is a marketing tool that forces customers to replace a product after a certain amount of time. After a company has sold a predetermined amount of their product, they halt production on its replacement parts, and when such become obsolete, consumers have to purchase the newer versions of such product. This type of planned obsolescence is often witnessed in the computer industry. Other factors include a government-issued or environmental ban on the products. For example, if a component is not recyclable, it may become obsolete.  Government bans, especially if they are widespread, can cause shipping problems for the purchaser, which in turn can halt production.


It can be difficult for a company to find the obsolete electronic components necessary to continue production; therefore it is advisable to work with an electronic components distributor. Such distributors purchase and stock obsolete components for their customers, and may boost a manufacturer's efficiency by saving them money and time. For example, by utilizing the services of a supplier, manufacturers can get the necessary obsolete electronic components directly from a distributor and avoid any issues that involved in shipping banned products internationally. The sale and use of counterfeit components is another serious problem faced by manufacturers which can be remedied by employing the services of a distributor. A distributor will assist in finding authentic parts from a reputable source, saving the manufacturer the financial mishap of unintentionally purchasing counterfeit components.

Harry Krantz Company has over 70 years of experience in obtaining obsolete components. They comply with all government regulations and their counterfeit assurance program is strict and thorough to ensure their clients’ satisfaction.

Friday, April 12, 2013

How to Manage Excess Inventory

Excess inventory in the technology manufacturing industry is a collection of components or product that is not usable in production by the manufacturer who owns it. It can be caused by a sudden obsolescence of materials due to rapid advancements in technology or poorly managed material flow and stock demand. Manufacturers that face this problem need a plan as to how to manage this inventory, or it will result in lost profits due to capital being tied up in the inventory, as well as the cost of storing the materials. Working with a reputable electronic components distributor can help connect the manufacturer with prospective buyers, assist in turning a profit, and freeing up the storage space. Additionally, a distributor knowledgeable about market trends can educate the manufacturer on the best time to sell, buy or keep their inventory.

The most efficient and effective way to deal with an excess inventory is to work with an electronic components distributor that offers a consignment program. The program allows the manufacturer to put their inventory on the market through the distributor without selling it outright. The distributor markets the product to an extensive network of possible buyers for a fee, streamlining the entire process in a timely and efficient manner. The manufacturer still owns the product up until the point of sale, and can withdraw it from the market before then.

When choosing the distributor best fitted to help you manage your inventory, select a company with   extensive experience in marketing and selling materials. This will ensure that the distributor understands market trends and has the network of buyers necessary to sell your product. Furthermore, it can help you gain invaluable information from them on the proper time to sell, keep or buy products. An excess inventory consignment program with the right distributor can help ensure an efficient, smooth sales process as and can help the manufacturer receive the best possible sale price for their inventory.


Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment as well as supplying components to various industries including the military and aerospace markets. Their knowledge and reputation grants them access to a large network of buyers to help turn manufacturers’ excess inventory into profit. Additionally, they utilize their ongoing marketing efforts to ensure that new buyers are attracted to the manufacturers’ products as well.

Monday, April 1, 2013

How Can You Find the Best Electronic Component Suppliers For Your Business?

In today’s fast-paced market, manufacturers often don’t have the time or resources to procure the necessary electronic parts. As a result, electronic component suppliers are in high demand. Suppliers are able to acquire parts essential for production, even if they are hard to find or obsolete. However, not all suppliers are the same. In order to find a reliable supplier, it is important to thoroughly research your options and consider factors such as quality, efficiency and experience.

The primary concern of the manufacturer when searching for a supplier should be quality. One of the main threats to the quality of your production will be whether the components you used are authentic or counterfeit. Unfortunately, counterfeit parts are common in the supply chain and their use can be catastrophic, specifically in aerospace and military industries. Therefore, when researching your options of electronic component suppliers, inquire about the quality assurance programs.

While the quality assurance process can vary from one industry to another, many procedures are analog. It is important that the supplier you hire tests each component before selling it to your company. Suppliers that perform electrical testing over temperature and have a system for quality certifications such as ANSI/ESD, ISO, and AS can be expected to provide you with authentic electronic parts.

Often the most informative way of researching suppliers is online. By using this method, you will be able to search the components you need, request a quote, compare prices and services, as well as read reviews. Testimonials and reviews are some of the benefits of performing your research online as you are able to see people’s honest opinions about the suppliers as well as their experiences. Some websites even compare suppliers to make the process easier for manufacturers.

Experience and efficiency are the other two factors that are important throughout your relationship with the supplier. Look for electronic component suppliers that offer services regarding a timely delivery or a guarantee. After all, the supplier’s ability to be punctual will reflect in the efficiency of your production. Experience often ties into the efficiency of the supplier as more experienced companies typically have developed a system that works. Additionally, experience depicts the supplier’s ability to adapt to a changing market.

Overall, the supplier with the most aggressive quality assurance systems, good reputation and years of experience is the best choice.

Friday, March 29, 2013

Electronic Component Distributors Can Help Your Production

As the technology market is becoming increasingly fast-paced, many forward-thinking manufacturers are hiring electronic component distributors to achieve optimal production. A reliable supplier should provide you with quality products for an affordable price in a timely manner. Even though you may feel pressed for time to hire a supplier, it is important that you thoroughly research your options before doing so. Below you will find some useful pointers on how to find the best distributor for your business.

One of the easiest ways to perform research is online. When performing your initial search, narrow down your options to the suppliers that specialize in your industry. This is an important step for several reasons. First, it will eliminate irrelevant suppliers and secondly, it will provide you with options of distributors that are knowledgeable about your industry. Knowledgeable distributors are able to provide you with the necessary support including predicting market trends for obsolete components.

Once you narrow down your options of electronic component distributors to those experienced in your industry, visit their individual websites and note the amount of years they have been in business. If a supplier has been in business for over a decade, it indicates that they have been able to adapt to the changing market trends throughout the years. This is an important skill you want your distributor to have as they will be able to advise you on changing market trends. Also, longevity can often indicate that supplier provides quality service.

One of the major threats to production today is the sale and use of counterfeit products throughout the supply chain. Therefore, it is imperative that the supplier you hire has a strict quality assurance program. If you cannot find sufficient information about a supplier’s quality assurance program on their website, contact them to find out their testing programs and whether they are on the Qualified Supplier List for Distributors (QSLD).

Affordability is another important element to research when choosing the best supplier for your company. However, remember that cheap doesn’t always mean better. In fact, if the distributor you are researching is selling components for far below the average price, it is important to further question their quality assurance program. A cheap counterfeit component today can cost you greatly tomorrow.

During your research of electronic component distributors, visit www.harrykrantz.com to see what makes them one of the leaders in the industry.

Tuesday, March 26, 2013

How Can An Electronic Component Distributor Help Improve Your Production?

An electronic component distributor is an individual or company that helps with the allocation and purchase of electronic parts.  Experienced distributors are able to help manufacturers facilitate the process of purchasing authentic components, even those that are hard to find or obsolete. Additionally, some distributors offer services that can further help improve the manufacturers’ production such as excess inventory consignment.

As various industries compete over more efficient products, the demand for faster electronic components is steadily increasing. This demand for quickly-changing innovation requires manufacturers to perform at top efficiency and to do so, many manufacturers decide to hire electronic component distributors. Trusted distributors should have a rigorous counterfeit prevention program, a large in-stock inventory, and ample experience in the industry.

The production of counterfeit components is one of the biggest frustrations for manufacturers. After all, utilizing a counterfeit component can negatively impact the safety and functionality of the finished product. Specifically, this creates a major threat to the military and aerospace industries, in which there is no room for error. Therefore, it is important to hire a distributor that offers the best in part authentication.

Choosing an electronic component distributor that has a large in-stock inventory can also help improve the manufacturer’s production. When a distributor has parts regularly utilized by the manufacturer in stock, it typically ensures a timely delivery of those parts. For instance, with over700,000 individual line items of electronic components and related products, stored in their ESD-protected facility, reputable distributor Harry Krantz Company can help the efficiency of their customer’s production.

For manufacturers in the military or aerospace industries, it is beneficial to find a specialized distributor that has ample experience in the field. This ensures that the distributor is knowledgeable in the field, follows and complies with all regulation specific to the industries and most importantly, can give the manufacturer proper advice on component acquisition. Harry Krantz, for instance, has over 70 years of experience serving manufacturers in various industries, with a specialization in military and aerospace. Their knowledge of the market and ability to adapt to its changes makes Harry Krantz an effective distributor capable of helping their customers by both allocating components and providing invaluable advice.

If you are looking for a reliable electronic component distributor that is experienced and offers an aggressive risk management program, visit www.harrykrantz.com

Sunday, March 24, 2013

Getting The Most Out Of Your Excess Inventory Of Electronic Components

The rapid pace at which technology changes today creates the problem of excess inventory for many manufacturers. As certain components become obsolete or no longer necessary for production, they take up room in the manufacturer’s warehouse and create a loss of profit. Many manufacturers continue to keep these components or even finished products because they are not sure of when to sell, buy, or hold onto their stock. Furthermore, once they decide to sell, it can be difficult to find buyers, especially for components that are no longer wanted by majority of the manufacturers.

The issue of excess inventory can be resolved by hiring a knowledgeable electronic component distributor such as Harry Krantz Company. With over 70 years of experience in excess inventory consignment, Harry Krantz can offer their customers a reliable service and invaluable advice on when to sell, buy, or hold their inventory. Companies with time-proven experience are typically knowledgeable about the market trends and are able to adapt to changes. This ensures that your excess inventory is in expert hands.

Excess inventory consignment services allow the manufacturer to own their components until they are sold by the distributor. This is the safest way of selling components that you may need in the future. By utilizing the services of a trustworthy distributor, you are ensuring that you are getting fair market price for your parts and products. Furthermore, selling components is easier through a distributor as they take care of marketing your product and contacting their vast network of buyers to sell your components. Overall, they work to get your components sold fast and for a profit.

When researching your options for a distributor that can help you manage your excess inventory, be sure to check their compliance standards. This will help ensure that your reputation is protected and you are not faced with any legal issues in the future. To protect their customer’s business and reputation, Harry Krantz Company is updated on all of the relevant export regulations and holds ITAR registration.

Harry Krantz Company has utilized the successful combination of their ongoing marketing efforts and large network of reliable buyers to help turn excess inventory into profit for their customers. Their time-tested knowledge of the market allows them to confidently provide advice in the customer’s best interest.

Thursday, March 21, 2013

Electronic Component Suppliers For Obsolete Components

The allocation and purchase of obsolete components is a frustrating and time-consuming process for most manufacturers. Obsolete components are electronic parts that are no longer produced by the original manufacturer. Difficult to find, many of these components are often duplicated, making them counterfeit and a threat to quality production. Testing obsolete components to ensure their authenticity can be costly to manufacturers and hinder their production. To solve this, many manufacturers hire electronic component suppliers.

The supplier will become partially responsible for the manufacturer’s efficiency, therefore when researching their options for suppliers, it is important for manufacturers to check the suppliers’ reputation, experience and quality assurance programs. This information can typically be found online on their personal websites. Besides checking the supplier’s website, it is also important to research third party sites to get unbiased information about the supplier. Reviews and testimonials provide great insight into the electronic component supplier’s reputation. This information can become a vital part of the manufacturer’s decision to hire the supplier.

Because counterfeit components present such an immense threat to quality production, it is imperative that the supplier the manufacturer hires has a rigorous counterfeit prevention program. Harry Krantz Company, one of the leading electronic component suppliers, complies with the highest standards in quality assurance. All of their inbound and outbound inventory is subject to a 30-point quality inspection checklist in accordance with the IDEA 1010 standard. In addition to their in-house testing, they also collaborate with outside qualified testing labs to ensure their customers receive quality components in a timely-manner.
Experience is another factor a manufacturer should consider when selecting their supplier. Companies that have been in business for over a decade have typically withstood various market changes and can often offer you invaluable advice on the purchase, sale and retention of components. Additionally, experienced suppliers normally have a network of reliable sellers. To ensure quality, Harry Krantz Company has a list of audited suppliers from which they purchase various components, including those that are obsolete.

With over 70 years of experience, Harry Krantz Company is one of the leading electronic component suppliers. Their experience and reputation have helped establish life-long relationships with many of their clients. Furthermore, their dedication to ensuring the quality of their components has allowed them to establish a network of reliable partners.

Tuesday, March 19, 2013

What One Can Do With Excess Inventory of Electronic Components

Many manufacturers understand that excess inventory can hinder their efficiency, and therefore, their profitability. However, some are not sure of when to buy, sell or hold onto their stock. In this case, a manufacturer can benefit from employing the services of a knowledgeable distributor. When choosing the best distributor for your purposes, it is important to consider their experience, knowledge of and compliance to government regulations, and their reputation.

It is important to choose a distributor that is experienced for several reasons. Companies that have been in business for decades are typically well-established businesses with the ability to adapt to the changing market. Therefore, it qualifies them to give you advise you on various aspects of managing excess inventory. For instance, Harry Krantz Company is a reputable distributor with over 70 years of experience in excess inventory consignment.  Therefore, they are able to advise manufacturers on whether they should buy, sell, or hold onto their components. Furthermore, they are able to provide them with valuable information about market changes.

Additionally, a distributor that has been in business for decades typically has an established network of reliable buyers. This translates into a faster and more consistent sale of your excess inventory.  
 
Due to the many firm standards and regulations set by the government regarding export and sales, it is important to find a distributor that complies with them all. This will ensure that your reputation is not hindered by any legal issues regarding the sale of your inventory through a distributor. Harry Krantz Company is updated on all of the relevant export regulations and holds ITAR registration, ensuring that the customer’s business and reputation is safeguarded.

Harry Krantz Company will turn excess inventory into profit for their customer with their enduring marketing efforts and the large network of buyers they have established over the past seven decades. Their time-tested knowledge of the market allows them to confidently provide advice in the customer’s best interest.

Besides offering excess inventory consignment services, Harry Krantz is a reputable electronic components supplier for a variety of industries including military and aerospace. Their quality control and counterfeit prevention programs are rigorous and thorough to ensure the authenticity and high quality of components which are then sold to the manufacturer.

Thursday, March 14, 2013

How A Reliable Electronic Component Supplier Can Help Your Production Efficiency

As most industries are becoming increasingly demanding of faster, more efficient technology, manufacturers scramble to meet the demand. As a result of the fast-paced changes, manufacturers face several challenges such as the sale of counterfeit parts into the supply chain which further causes an overall reduction to their efficiency. To solve this, many manufacturers choose to hire an electronic component supplier.

One of the ways a reliable supplier is able to help increase the manufacturer’s efficiency is by providing them with authentic components. The sale and use of counterfeit parts is becoming an increasingly difficult issue to avoid for manufacturers that do not employ the services of a trustworthy distributor. The use of counterfeit components can cause catastrophic results, especially in the aerospace and military industries. An electronic component supplier will test the components vigorously to ensure their authenticity before selling them to the manufacturer.

An electronic parts distributor is also useful in locating components that are hard to find or obsolete. Due to the fast pace at which technological advances are made today, electronic components become obsolete rather quickly. Obsolete electronic components are parts that are no longer produced by the original manufacturer. Such components are at an especially high risk of being reproduced and therefore, counterfeit. An electronic parts supplier can both allocate and test obsolete or hard to find parts by using their resources across the supply chain.

Additionally, some electronic component suppliers provide services such as bonded inventory and inventory management to further help their clients’ production become more efficient. Such services can help the manufacturing company reduce their costs by managing their inventory more efficiently. The continuous analysis of the inventory can also help the manufacturer understand their weak points and improve them.

When selecting the distributor that is best for your team, think long-term. A reliable supplier will become part of your team, therefore it is important to visualize their ultimate role in your company. When initially researching your choices of suppliers, consider their quality assurance program, additional services they offer as well as their experience in the industry. If as a manufacturer, you focus on one particular industry, it may be beneficial for you to hire a supplier that specializes in your industry as well. This will ensure that you have the knowledgeable support you need throughout your relationship.

Monday, March 11, 2013

Electronic Component Distributors Can Help Make Your Production More Efficient

An increasing number of manufacturers today hire electronic component distributors to help them procure parts and manage their overall efficiency.  Due to the fast pace at which technology changes today, reliable suppliers are in high demand. However, it is important to qualify your supplier before hiring them as part of your business. After all, their ability to assist you or lack thereof will reflect in your production.

When researching electronic component distributors, be sure to consider the following points:

Quality Assurance:  Today’s electronic component supply chain is often infiltrated with counterfeit products. Therefore, it is important that the distributor you hire has a proper quality assurance program in place. It is suggested that you inquire about their testing facilities, procedures as well as qualifications. During your research, check if the distributor is on any qualified supplier lists such as the Qualified Supplier List for Distributors (QSLD). This will give you a good idea whether a particular distributor provides authentic products or not.

Affordability: The price you pay for components to your distributor will reflect in your profit, so be sure to choose a supplier that is far. Nevertheless, do not choose a certain distributor just because they offer you a significantly lower price. Quality must come first and it usually doesn’t come cheap. Therefore, if a supplier is offering you a lower price, spend some extra time researching their quality and testimonials from previous or existing customers.

Experience: The frequent changes in the market cause numerous companies to go out of business rather quickly. An established company with proven experience is usually your best choice. For instance, Harry Krantz Company has over 70 years experience of electronic component supplier and they are still flourishing today. An extended period of time in the business shows that the company has the ability to adapt efficiently and seamlessly to the changing market.

Specialization: If your company solely manufactures for a particular industry such as aerospace, it is best to hire a supplier that specializes in the same field. By doing so, you ensure that your distributor is able to provide you the support you need before, during and after the purchase. In that case, you may also want to hire them for services such as inventory management to make your production more efficient.

Friday, March 1, 2013

How To Ensure That Your Military Components Are Authentic

The production and sale of counterfeit military components is an increasing threat to the supply chain of military products.  As manufacturers are pressed for time to create newer, more innovative and intuitive products, uncovering counterfeit parts is becoming the job for electronic component suppliers. A reliable distributor is able to provide their clients with the timely delivery of the parts they need at an affordable price and ensure their authenticity in the process.

Several scenarios can qualify a part to be counterfeit.  Some counterfeit parts are a result of a simple, but costly mistake of mislabeling. While some instances of mislabeling are accidental, others are done on purpose. For instance, a part that is intended for a specific purpose is relabeled for another by altering the part number. The use of such parts can cause catastrophic results.

Another reason for the production of counterfeit products is their manufacturers. While technological advances require engineers and manufacturers worldwide to be more innovative and efficient in their production of quality products, the producers of counterfeit components are also becoming better at masking their product.  If not tested properly, such components can be labeled and made to look like the authentic product.

To stop a counterfeit product from entering the supply chain, distributors use various methods of testing. The initial testing is typically the measuring of physical dimensions, x-ray testing and ensuring that all of the markings such as OEM are permanent. Another standard quality assurance process is electrical testing over temperature. Because each authentic component has known parameters and limits within which they will function properly, electrical testing over temperature can depict whether the component is authentic or not. Whereas physical measurements and OEM stamps can be faked, the results of electric testing normally cannot.

Experienced suppliers use a variety of standard and innovative quality assurance processes. When seeking a military component supplier, it is suggested that you narrow down your choices to the ones that specialize in the field. Due to the liability that a counterfeit component can represent, it is best that a knowledgeable expert tests the parts before reselling them to you. An approved supplier of military parts will most likely be listed on the Qualified Suppliers List of Distributors (QSLD).

Harry Krantz Company is a reputable supplier that has specialized in allocation and sale of authentic military parts for over 70 years. Although they provide electronic components to numerous industries, Harry Krantz Company specializes in providing authentic parts to the military and aerospace industry.A

Tuesday, February 26, 2013

Finding the Right Electronic Component Distributor

One of the main frustrations for manufacturers today is component authenticity, scarcity and affordability. While some manufacturers previously believed that it would be more cost efficient to procure electronic components themselves, today more and more companies are hiring knowledgeable electronic component distributor. Distributors, or suppliers, can help you by acquiring parts that you need when you need them at an affordable cost. Many suppliers also help manage your inventory to ensure that your production is efficient.

One of the many reasons manufacturers are seeking the help of electronic component suppliers is the fast pace at which technology today changes. As big manufacturers worldwide in every electronics industry compete to create the fastest, most efficient product out, many components become obsolete or hard to find. Electronic component distributors analyze the market and often predict items which will become obsolete. By doing so, they are able to advise their consumers and provide the necessary components often without affecting production time. Hard to find items are also procurable through experienced suppliers as they have established connections throughout the supply chain.

A major concern faced by distributors and manufacturers alike in the supply chain is the sale and use of counterfeit parts. Counterfeit parts are substandard components that are not issued by the original manufacturer. While counterfeit parts are cheaper, they can cause extreme and dangerous deficiencies in the finished product. To avoid the resale of counterfeit parts, reliable distributors test each component to ensure that the part you receive is authentic.

When selecting which supplier is best for your company, consider their quality assessment process, affordability and reputation. Profit and efficiency largely depend on the distributor that you choose, therefore it is important to do your research prior to forming an agreement. Additionally, if you manufacture electronics for a specific industry such as the military, it is best to choose a supplier that specializes in that industry as well.

While there are several electronic component distributors to choose from, it is important to select the most reliable one from the start. A distributor becomes part of your team and can be responsible for your efficiency or lack thereof. With over 70 years in business, Harry Krantz Company is a leader in the industry and has a stock of over 700,000 parts as well as a support system for its customers.

Thursday, February 21, 2013

Locating and Acquiring Authentic Military Components

Technological advances can be seen across all industries, from cell phones to aerospace products. Some of the more significant developments, however, can be witnessed in the field of military technology. As much as cell phone manufacturers attempt to beat their competition by creating the newest, fastest device, countries compete against each other to achieve innovation in military technology. In order to do so effectively and with budget in mind, many manufacturers hire military component suppliers.

The supply chain for electronic components generally consists of three parts: original component manufacturers (OCM), franchise distributors and independent distributors. Which part of the supply chain the manufacturer decides to purchase from largely depends on the type of components they are looking for, the budget for the product and of course its availability. If a military component is difficult to find or obsolete, it is likely no longer produced by the original manufacturer. A franchise distributor may still have a stock of the product but because they are governed by OCM contract, it may be limited and the components may be expensive. Therefore, when searching for a military part that is not readily available on the market, an independent distributor is usually the most cost efficient choice.

It is pertinent that manufacturers seeking military parts choose an experienced, reputable supplier. When researching suppliers, it is suggested that you narrow down your list by selecting distributors that specialize in military components. This ensures that they are able to provide knowledgeable support and customer service to manufacturers before, during and after the purchase. Another important factor to consider is their length of experience in the field as well as their quality assurance program. Some of the counterfeit avoidance strategies utilized by suppliers include cross checking the components with the Qualified Product List (QPL) and Qualified Manufacturers List (QML). It is also a positive sign if the supplier is on the Qualified Suppliers List of Distributors (QSLD) as that indicates that they resell authentic components.

A prime example of a reputable supplier that has specialized in allocation and sale of authentic military parts for over 70 years is Harry Krantz Company. Although they provide electronic components to various industries, Harry Krantz Company focuses on the military and aerospace industries. Their success and trustworthiness has withstood seven decades of rapid changes in the market and they continue to flourish today.

Thursday, February 14, 2013

What Are Obsolete Electronic Parts

The consistent growth experienced by the electronics industry is fueled by the society’s constant demand for a newer, faster, more intelligent electronic device. As a result of this rapid change in the electronics industry, electronic parts become obsolete. There are several other reasons for electronic components becoming obsolete which will be discussed in this article. Obsolete electronic parts, even though hard to find, are still in demand by various manufacturers. In order for manufacturers to acquire the components they need, they require the services of an electronic component distributor.

One of the biggest reasons of electronic components becoming obsolete is the fast pace at which technology changes today. The race for improvements in technology causes for many components to lose their importance. Additionally, most electronic components have a life cycle and once the production of an expired component ends, it may become obsolete. In this case, it is important for the manufacturer still needing such components to have a supplier that is able to procure such obsolete electronic parts.

Electronic parts distributors are able to provide their consumers with the necessary obsolete electronic parts by acquiring such parts and then testing their authenticity. One of the issues that must be considered when purchasing parts from a distributor is that the supply chain is flooded with counterfeit parts. To ensure that the parts you are purchasing are authentic, it is recommended that you deal with a supplier which tests all of its components prior to re-selling them to you.

These parts include components such as batteries, military equipment, LCD and LED displays, aerospace products, wires, power supplies and more. Manufacturers can usually find a distributor that specializes in supplying the components for their specific industry. For instance, while Harry Krantz Company is an electronic component distributor for various industries, they focus on providing necessary components and equipment to the military and aerospace industries. Suppliers that specialize in a specific industry are usually knowledgeable about that market and can provide you with valuable advice and customer support.

Because obsolete electronic parts are difficult to acquire, it is suggested that a manufacturer uses a supplier that has good inventory. A distributor that has a consistent inventory of parts is typically able to get you the necessary components delivered in a timely manner. Because the efficiency of your production in part depends on the inventory and processing time of your supplier, it is important to select a distributor that is reliable.

Wednesday, February 13, 2013

The Procurement of Authentic Obsolete Electronic Parts

Due to economic issues, some manufacturers may have considered purchasing or using counterfeit components. Cheap at first, these components are very costly later on due to failed product, which can ultimately cause death. The sale and use of counterfeit components is especially common with procurement of obsolete electronic parts. Hard to find, these parts are often imitated and even with the advanced procurement procedures of aftermarket parts, some slip through the cracks.

Obsolete electronic parts are components that are no longer produced by the original manufacturer. There are numerous reasons as to why a manufacturer stops producing certain parts. The most common reason is the part is no longer “new”. At the rapid pace with which technology today changes, components can become obsolete quickly. For instance, if the newest cell phone uses a processor that is more efficient, most other cell phone companies will begin to use it to keep up. In response to this demand, the manufacturer producing the processors will stop producing the outdated component.

The price point can be another reason a manufacturer halts production of a component. On average, the manufacturer will no longer produce a replacement component if it costs more to produce than a newer one. A component can also be banned by the government if a substance it contains is harmful to the general public.

Nevertheless, various manufacturers may still be able to use and are in need to components that have become obsolete. Because such components can be costly and difficult to find, it is best to hire an electronic component distributor to allocate them for you. A reliable, experienced distributor will find you the parts you need, test their authenticity and deliver them on time.

Quality assurance systems used by distributors include a review of the full traceability of the product as well as physical testing of the product in a testing facility. Other measures are also taken along the supply chain to prevent counterfeit products from entering such as the formation of approved distributor and manufacturer lists such as Qualified Supplier List for Distributors (QSLD) and QML/QPL. However, a knowledgeable supplier will take additional precautions to ensure that the components you purchase are authentic.

Upon considering the above points and completing proper research, you can find an obsolete electronic parts supplier that best fits your needs.

Monday, January 28, 2013

Why obsolete electronic components suppliers are a requisite in the market!

The fast pace at which technological advancements occur is one of the several reasons why electronic components become obsolete. On a daily basis, competing manufacturers are under pressure to create a faster, more efficient and user-friendly technology. As new electronics replace the old ones, certain parts become obsolete. Other reasons for obsolete electronic components are government policies and short durability. Manufacturers who depend on a certain electronic component that has become obsolete should find a supplier who can provide such parts.

The quick change in technology is not only noticed by manufacturers, but consumers as well. Home products such as TVs, cell phones, washing and dryer machines are just a few of the technologies that are improved by manufacturers almost on a daily basis. The manufacturers of such products develop technologies that are “smarter”, faster and more efficient to prompt consumers to purchase and beat their competition.

However, during this process of technological improvement, certain electronic parts, big and small, become obsolete. This can be due to several factors including lack of efficiency, high cost, and government policies banning or restricting their use. Components that must be replaced often can also become obsolete if a new development creates a more durable product. Nonetheless, some manufacturers in the supply chain are still in need of such obsolete electronic components.

Suppliers of obsolete electronic components provide their consumers with parts that are difficult to find or are no longer on the market. Many manufacturers that use such parts are dependent on their suppliers for authentic product, quick delivery time and affordability. These three factors are important to look for when selecting a distributor.

One of the major issues faced by the supply chain of obsolete electronic components is the authenticity of the parts. When selecting a distributor, it is important to choose one that has an in-house testing center to ensure the authenticity of the part. By taking this measure, you are ensuring that the components you receive are of proper quality. Affordability of the product is another important factor that should be researched and calculated into the manufacturing cost of the product as a whole. However, do not compromise cost of the product for its quality.

It is important to choose a supplier with a large stock of components as that usually indicates that they are capable of quick delivery. Reputable supplier Harry Krantz Company has over 700,000 components in stock with an in-house testing center to ensure authenticity.

Saturday, January 19, 2013

What Are Electronic Component Suppliers and How To Find a Reliable One

Electronic Component Suppliers are distributors of electronic parts used in manufacturing a variety of products. Several important factors determine whether a supplier is reliable or not including their reputation, experience and quality assurance. Online research can be your starting point to finding the right electronic component supplier for your production.

Quality is the primary concern of the manufacturer when looking for a distributor. Counterfeit parts are common in the supply chain and can be destructive to production and profits of both manufacturer and the supplier. The preliminary method to preventing counterfeit parts from being used in your productions is by qualifying the supplier. By using the Internet to research for the electronic component suppliers, you can find out if the supplier is reputable, experienced and provides quality products.

What qualifies a distributor as reputable? Reputable distributors are deemed trustworthy and reliable by their customers. As mentioned above, quality assurance is an important factor to consider when selecting a supplier. To ensure that products are authentic, suppliers test the components before re-selling them to their customers. It is wise to do business with a supplier that has an in-house testing site and a system for quality certifications such as ANSI/ESD, ISO, and AS.

Checking reviews, testimonials and recommendations will give you a good idea about what the supplier’s customers think of them. There are various sites on which you can find reviews for electronic component suppliers, including the supplier’s website. The reviews usually include important information such as quality of the components, delivery time and the extent to which support is provided by the supplier to the manufacturer.

Experience is another important factor when qualifying an electronic component supplier. Distributors that have been in business for a long time such as Harry Krantz Company, who has been in business for over 70 years, the supplier is most likely trustworthy and not a here-today, gone-tomorrow company. Experienced suppliers understand the market, follow its trends and work closely with their customers.

Overall, the supplier with the most aggressive risk management and quality assurance systems is the safest choice. Upon narrowing down the list of acceptable suppliers, it is beneficial for the consumer to review other points such as inventory, affordability and efficiency.