Things to Consider Before Sourcing from the Electronic Component Supplier
Sourcing the proper components plays an essential role in producing a good and successful electronic product. And in a field like electronics with many fake components, you must find the right supplier. This is because procuring counterfeit components can reduce the quality of your electronics or even destroy them.
Components that have high quality will ensure the durability and dependability of the product. And with COVID-19 making electronic companies have difficulty sourcing original components, your priority, as an electronic sourcing expert, is to find and keep a reliable supplier.
However, before you can find a good supplier, there are some things you should consider. Check out four things you need to consider before sourcing from the electronic component supplier.
Research Your EMS partner
An EMS (Electronic Manufacturing Services) partner operates and controls sections related to designing, building, and trying out electronic gadgets and their components. In addition, they can help you to source electronic components.
If you are ordering components in large quantities, your EMS partner can help you to get discounts on your order. They also see disruptions search engines and sourcing services can’t see. But it would be best if you asked the right questions before giving an EMS partner this responsibility.
For instance, do they have a reputation for fulfilling orders?. What does their client list look like?. How reliable the suppliers they use are. Your EMS partner should have strong relationships with different dependable suppliers. This will help them have backups if a supplier doesn’t meet the agreed deadline. Be familiar with their processes. This will help you avoid unnecessary surprises.
Only Work With A Supplier That Can Match Your Volume
This is a crucial factor to consider. In a scenario where sourcing experts from small businesses order from a large supplier, they can easily be overlooked for larger orders. The approach is not wrong, but it puts the company at a disadvantage and the supplier’s mercy.
Only choose a supplier that puts you and your business first. It will be challenging to meet the set deadline in a different scenario where sourcing experts from prominent companies order from a small-scale supplier; it will be challenging to meet the set deadline.
Only work with suppliers whose values are the same as your business’s. Working with suppliers that can match your volume can considerably reduce your worries when your electronic components start to deplete.
Always Verify Your Supplier’s Promise
Suppliers from every industry make promises all the time. It’s no different when it comes to electronic components suppliers too. They tell their customers, especially those that order in large quantities, things that appeal to them. These things include attentive testing, short turnaround times, etc.
If you have any doubts about whether your suppliers can deliver on their promises, always verify the promises. Then, review what those things they promised you to mean to you. This way, you will be able to set expectations.
An excellent example is the power ratings of individual transformers, which is less than one percent. Some suppliers will supply those transformers with power ratings less than the standard.
Some of these transformers are around 0.2 to 0.3 percent and have been tested three times or more before entering the market. Always review factors that make some suppliers stand out more than others when purchasing any electronic components.
Prioritize Sustainability in Your Decision-making
As an electronic components sourcing expert, it is vital to use different criteria and metrics to ensure that suppliers meet deadlines and surpass your expectations. In addition, please take note of suppliers that view sustainability as necessary and give them preference.
Recently, A Harvard Business Review surveyed numerous multinational businesses to decide how to maintain a sustainable supply chain. They all used different practical ways.
For example, some companies collate information on how their suppliers view and deal with sustainability. Others set targets for their top suppliers and force them on inconsistent ones. Finally, others join sustainable associations with their suppliers.
These ways can know suppliers that they will keep for the long term and occasional use. Suppliers that emphasize sustainability might not necessarily mean business value immediately, but it should lead to long-term working relationships.
Choose The Best Supplier For Your Electronics Components
As a sourcing expert, getting a reliable supplier that will deliver high-quality electronic components is not an easy task. It would help if you considered many factors before making a decision.
You also have to decide if you want to use an EMS partner or procure the components yourself. It might be a little overwhelming, but if you follow the above factors discussed, you will find it easier to find the best supplier for your electronic components. Additionally, you will evade getting defective, fake, and subpar components that affect your products.
VYRIAN helps tech innovators and companies to source the best quality of semiconductor and electronic components with cost-effective supply chain solutions. We believe in the “No Minimum Order Quantity” policy that empowers small businesses and startups to make the world better for people.