Take a Closer Look at Your Inventory

Your inventory can boost or hurt your bottom line.

Not only that, but the choices you make also affect the environment.

Keep reading for our top news and highlights from February:

Counterfeit Risks vs Sustainability

Despite counterfeit concerns, the secondary market is vital for reducing electronic waste (e-waste).

Thankfully, simple steps can be taken to protect your supply chain and promote a circular economy.

Read our guest article for Procurement Pro exploring why the grey market is the new green market.

Sustainability in Sourcing

“We only buy from large OEM and EMS companies that can prove where they bought the product from. And we are typically looking for that to have come from, in most cases, direct supply.”

Mike Buetow, President of the PCEA, explored the secondary market's sustainability benefits and how Component Sense protects buyers with our CEO, Kenny McGee, on the PCB Chat podcast.

Listen to the full episode.

Obsolete Stock Is Just the Tip of the Iceberg

Knowing when inventory truly becomes excess helps manufacturers maximise returns from redistribution and avoid costly write-offs.

Here is an example of the true total surplus stock (10% of total revenue) for a $1 billion warehouse.

Read our blog to find out what each layer means.

Avoiding Financial Losses and Product Recalls

Procurement professionals must ensure suppliers follow a robust inspection process.

Read a breakdown of Component Sense's full quality inspection process.

We hope to hear from you soon.

Stay EPIC!

Kind regards,