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.

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