Developing a Proactive Approach to Electronic Component Shortages and Obsolescence

Developing a proactive approach to electronic component shortages and obsolescence is a difficult thing to manage when you have thousands or hundreds or thousands of parts to monitor.  In order to develop a proactive approach one must more often than not utilize costly engineering, design, and purchasing tools.  Unfortunately, these tools can be extremely costly depending on how many users are utilizing the product.  Many small US companies struggle to be able to compete when it comes to finding customer solutions during periods of electronic component shortages and obsolescence. Resulting in the engineering, designer, and purchaser to go elsewhere to fulfill their production needs. Effective demand scheduling and demand planning can assist in maintaining your customer’s production needs because tools such as monitoring inventory levels allows the user to monitor the products they need in a rapid and robust way when matching their demand to the market.

 

Unfortunately not all tools are created equal. While some tools monitor 250-300 million components others offer a much wider range. Limiting the amount of data you have access to limits your results and are probably are missing some key insight from the data which is not provided to you or monitored by the tool.  Perfect Parts offers all of our customers a better approach to evaluating electronic component shortages, obsolescence, and inventory risk levels.

 

With over 425,000,000+ electronic components in our catalog you have the ultimate advantage knowing you are leaving no stone unturned when it comes to fulfilling your production schedules.  With electronic component information spanning across four-thousand manufacturers you can rest assured that you have the broadest reach in terms of locating solutions to your shortages.

 

By utilizing our tools you are able to strictly monitor;

 

  1. Product Obsolescence
  2. Product Change Notices
  3. Product Lifecycles
  4. Inventory Risks
  5. BOM or Bill of Material
  6. Unforeseen Circumstances and much more.

Perfect Parts Corporation is a dedicated electronic component shortage solution provider. With millions of high quality parts at your fingertips you can source in a moment’s notice. Call or email us today if you would like a free trial or video demonstration.

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