At NetSource Technology, we stand at the forefront of global electronics component procurement. By drawing on our extensive product knowledge and international supply chain networks, we offer turnkey solutions for critical parts—including hard-to-find, obsolete, and end-of-life components—to industries reliant on them for their day-to-day operations. The core industrial markets we serve are:
Telecommunications plays a critical role in many organizations across a wide range of industries, but the field rarely receives sufficient attention or funding to resolve difficult procurement challenges. With the development and growth of new digital markets, such as IoT, mobility, and smart products and systems, telecom products and services are increasing in importance among companies investing in the technologies.
For over two decades, the NetSource team has sought to facilitate the expansion of this market by providing mature supply chain management solutions to telecommunication and IT departments. The solutions allow customers to find and source the parts they need when they need, reducing the amount of time required to bring a new product to market.
Internet of Things (IoT)
In the consumer sector, the Internet of Things (IoT)—quickly becoming a household name—refers to the implementation of “smart” technologies into various products, ranging from appliances to hardware components to wearables. As with businesses in the telecommunications industry, players in IoT must manage and maintain highly complex supply chains to source the components needed to sustain uninterrupted production and meet customer demand.
Within the industrial Internet of Things (IoT), matters become even more complex. Industry professionals employ advanced sensors during transport and manufacturing operations to communicate—among other factors—shipment status and product location. While IoT technology is invaluable for keeping track of trucks, products, and employees, its breakdowns are costly, often leading to shipment delays and/or product spoilage. The ability to quickly procure new components for repairs or upgrades—and track those components—is essential to maintaining a fully functioning IoT system.
At NetSource, we are ideally situated to assist IoT users, whether commercial or industrial, with rapid procurement and supply chain services. Our turnkey ready solutions and global network of partners help secure even hard-to-find IoT components to keep operations moving forward.
Mobile devices have become increasingly important to everyday communications and information consumption. Facing constant pressure from consumers for product innovation, the mobile device market’ supply chain is quickly become unwieldy. Encompassing raw material extraction, component manufacturing, and assembly, it becomes more complex when companies attempt to work with several different suppliers. Continuous development in mobile technology—e.g., transitioning to 5G—further complicate part sourcing operations.
The NetSource team is positioned to acquire components currently in production, as well as those that are emerging in popularity or completely obsolete. This situation allows us to support mobile manufacturers in every stage of product development.
The automotive industry is embracing new electronics technologies at an unprecedented rate, ranging from on-board navigation systems to fully autonomous cars. For consumers, these features, among others, are no longer considered a mere benefit but an expectation. This change in consumer demand requires manufacturers to keep pace with innovations in electronic technology to remain competitive, which, in turn, necessitates the incorporation of additional elements into an already wide-ranging supply chain.
Some of the new supply chain considerations they have to keep in mind include:
- Aftermarket parts
- Integrated business planning
- Integrated inbound
- Network platform
- Outbound fulfillment
- Real-time visibility
At NetSource, we are well-versed in the global challenges facing automotive OEMs and have the partner network to source materials for all manner of on-board electronics.
In the medical industry, life-saving medical devices—ranging from ventilators to MRIs—rely on durable and reliable electronics components to perform their critical functions. Interruptions in access to these components, even in the case of obsolescence, pose a significant risk to patient safety. In addition to sourcing issues, industry professionals in charge of procurement often must contend with constant pressure from healthcare practitioners and suppliers to choose highly specific models or upgrade to new items, both of which can influence costs.
The NetSource team is firmly committed to sourcing reliable and reputable components to guarantee proper performance when it matters most. Whether it’s a simple switch or an ultrasound system, we grant medical OEMs with the peace of mind that they are working with high-quality components that meet their exact specifications.
Our zero-tolerance counterfeit policy is of critical importance to our medical customers. Having been in the industry for 25 years, we have seen the rapid proliferation of lower-quality, counterfeit components in the electronics space. At NetSource, we won’t stand for these practices and take proactive steps to ensure that we are 100% confident in the legitimacy of our offerings. While we often form long-standing partnerships with trusted suppliers, no component is exempt from our rigorous part and product testing procedures.
For any aircraft to take flight, thousands of complex and intricate components must interface with one another in exactly the right way. In particular, electronic components play a critical role in nearly every flight system, monitoring and regulating essential flight parameters. As demands within the aerospace industry increase, so too does the need for a consistent supply of these key components and parts for production operations.
Similar to our medical customers, we understand that our aerospace customers are particularly concerned about part quality and legitimacy, which is why we emphasize our zero-tolerance policy for counterfeit components. We verify each part through a rigorous battery of tests; visual, mechanical, and dimensional assessments are standard practice, followed by thorough industry-specific screening. Our diligence in this respect has granted us an over two-decade reputation as a trusted aerospace component supplier.
NetSource Technology: Your Source for Quality Procurement and Supply Chain Solutions
Founded in 1997, NetSource Technology, Inc. has since grown to become one of the largest purveyors of electronic components, offering comprehensive procurement, supply chain, and excess inventory management solutions to OEMs and contract manufacturers. By partnering with manufacturers across the globe, we source hard to find, obsolete, highly allocated, and end-of-life electronic components for customers in the aerospace, automotive, Internet of Things (IoT), medical, mobile devices, and telecommunications markets. In addition to our sourcing capabilities, we also maintain a full stock of new, state-of-the-art components from competitive brand names, allowing us to serve as a one-stop-shop for new and old electronics.
For more information on our solutions and how we serve various industrial markets, visit our company page or contact us today.