The procurement industry is experiencing significant change. Advancements in technology, business practices, and consumer demands are driving this change and transforming the supply chain process as we know it. The industry will always be disruptive in one way or another. It’s the nature of the business.
This transformation is creating high pressure sourcing challenges for OEMs and Contract Manufacturers forcing them to rethink the way they procure components. A perfect example is the constant pursuit by manufacturers to obtain specialized components that are chronically scarce, with long lead times, on time, at the lowest possible cost and with minimal risk. Easy right? It can be.
Let’s take a moment to consider some of the most apparent benefits of investing in a partnership with an independent distributor – like NetSource – for your sourcing needs. We’re nimble, we take it personal, and we’re independent which give us the ability to take any measure necessary to get you what you need.
Critical Component Shortages
Component shortages are mainstream in this industry. Predicting and planning for obsolescence’s, and/or End of Life (EOL) situations affect line production and project builds. When the need requires outside intervention, NetSource can help. Our specialty is locating hard-to-find, obsolete, EOL and highly allocated components with long lead times. We leverage our extensive range of trusted global suppliers to stock obsolete components that are critical to your business.
Eliminate the Risk of Counterfeit Products
The surge of counterfeit components isn’t going to end. In fact, it’s only going to get worse. Responsible and reliable distributors employ rigorous screening and testing processes to identify fake components. NetSource boasts more than two decades of hands-on experience identifying and eliminating risks and counterfeit threats. We are accomplished in taking all necessary proactive measures to ensure our customers receive only authorized and genuine components.
Excess Inventory – Recover as Much Capital as Possible
Excess inventory situations can happen through a variety of circumstances. If it isn’t parts becoming obsolete, product designs can change during the manufacturing process, or consumers can down right be finicky and move on to the next trending product or device – leaving the excess sitting on shelves.
Thanks to our unique position as an independent distributor, NetSource has the flexibility to create the excess inventory programs that make sense for customers’ unique situations. Work with us to unlock the cash value of your excess stock. At the end of the day it is about limiting as much loss as possible.
Do the Research
If you are considering partnering with an independent distributor to source your parts, do the research and find the organization that is reliable, globally connected and understands your business requirements. NetSource knows this business. We’ve been helping organizations keep their line productions up and running smoothly for over two decades.