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.

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