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.

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