The world supply of electronic components has gone from stable, to critical shortages, to over-stocking, in the space of a few years. COVID triggered the shortages, and the shortages triggered an over-reaction. Many major companies now acknowledge that they are holding too large an inventory of parts, and that this is restricting their ability to increase their earnings. Money that could go on product development, or optimising production, is tied up in components that are sitting, unused, in a warehouse.
One of the problems we solve for our customers is helping manufacturers keep production going when an essential component becomes obsolete. The underlying reason for the problem is quite simple: the life-cycle of the finished product is often much longer than the life-cycle of the components it relies on.
There are a vast number of suppliers selling up-to-date electronic components, but every day we help companies solve problems by supplying the obsolete components they need. Why do they buy these from us?
Our ISO9001:2015 Quality Assurance certification has just renewed. (The certificate is available here.) We were first certified on 29 October 1993, so now have over 30 years of delivering ISO9001 assured service to our customers. The certification covers “the procurement and supply of electronic and electrical components”.
Everyone knows that the rapid rise of AI is powered by processor chips. Not many people know that almost all the chips used for AI are made by one, vulnerable. company.