Year 2020 and the world faces a severe public health emergency due to the Coronavirus disease (COVID-19) global pandemic. The current crisis has brought out the potential risks and susceptibility of today’s electronic component value chain.
What is the scale of the problem today? We estimate that between 5 percent and 20 percent of electronic components end up in the excess and obsolete category. That’s a lot of money that could potentially end up as loss.
Why do excess and obsolete inventories build up? The root cause is uncertainty in both supply and demand. Manage the uncertainty and reduce your exposure to obsolescence.
Chip 1 Exchange offers a number of standard solutions for inventory management and reduction. Below are four of our most popular programs, however, we are always open to designing a custom solution that better meets the requirements of your business.