Obsolescence Insurance, a New High-Margin Business for EMS Companies
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Vishay Intertechnology, Inc. announced that it is the first manufacturer of passive components to partner with a new API-based global authorized distributor inventory search service from netCOMPONENTS. The time-saving system provides customers on Vishay.com with more accurate and up-to-date authorized distributor inventory availability information on the company's portfolio, said Vishay.
netCOMPONENTS is a global electronic components sourcing site that maintains a database of worldwide electronic component suppliers' inventories. The database lists the sources for millions of electronics components including active, passive, and electromechanical devices.
Playing a key role in their company’s new product introductions, electronics components purchasers spend a lot of time on price and availability shopping for commodity parts, while under pressure to source components under tight deadlines for multiple projects. One resource for them is the distribution channel but it’s still a time consuming task for them to visit multiple sites.
Distributors often do a very good job of aggregating components information, including key specs, compliance data and life cycle notification, along with pricing and availability information and the capability to purchase components online.
With the netCOMPONENTS service on Vishay.com, buyers receive the most up-to-date inventory data that is transferred directly from distributors to the customer, which eliminates time wasted searching through inventory that has already been sold, said Vishay.
How it works: To find available stock of a Vishay component, the customer enters the part number in the "BUY NOW Check Distributor Stock" field on the Vishay homepage. If that part is available via the netCOMPONENTS service, the customer receives information on the quantity available for each distributor. The customer then checks the box next to the distributor he/she wants to purchase from; clicks the shopping cart icon, and is taken to the distributor website to make the purchase.
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