Tag: Counterfeit Mitigation

  1. Suspect Counterfeits in Healthcare: A Lurking Danger

    Suspect Counterfeits in Healthcare: A Lurking Danger

    Let’s be honest, counterfeits are like weeds. No matter what you do, they tend to pop back up. As a reported $75 billion dollar enterprise that costs the U.S.  between $200-250 billion a year, it’s no wonder counterfeiting is still an active “enterprise.”  

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  2. The 5 Certifications An Electronics Components Distributor Should Have

    The 5 Certifications An Electronics Components Distributor Should Have

    We talk a lot about buying from a certified and trusted electronic components distributor, but what does that actually mean? There are dozens of certifications, all specific to various sectors of business and their requirements for components. When buying from an electronic components distributor what certifications should you look for as part of their quality management system? Do they have a quality management system in place?

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  3. Global Shortages Are a Counterfeiter’s Paradise

    Global Shortages Are a Counterfeiter’s Paradise

    The 2020-2022 chip shortage came with a lot of eye-opening information. We learned that the global supply chain is way more vulnerable than we thought. That the demand for smarter technology is only going to increase. That the future is unpredictable and the definition of normal is always set to change. And that the electronics sector, arguably, learned one of the most important lessons.

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  4. What is the “Gray Market” and Why is it Full of Counterfeit Chips?

    What is the “Gray Market” and Why is it Full of Counterfeit Chips?

    The Covid-19 pandemic has been hard on everyone. “Of all the industries affected by Covid-related supply chain issues, the electronics industry has arguably been hit hardest,” according to AllAboutCircuits.com. The change from in-office to work-from-home triggered an ever-rising demand for digital products. Consumers want faster networks, smarter home appliances, and fast shipping as e-commerce booms.

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  5. Beyond the Chip: Supply Chain Solutions

    Beyond the Chip: Supply Chain Solutions

    While the ongoing chip shortage and supply chain issues continues to dominate the news these days, one thing you probably haven’t heard about much is – what happens when you do get your hands on that much-desired electronic part? For some distributors, it’s more than just a short-term “win.” It’s about delivering a complete, end-to-end customer experience.

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  6. 5 Ways to Determine if an Electronic Component is Counterfeit

    5 Ways to Determine if an Electronic Component is Counterfeit

    U.S. companies lose $200-250 billion in revenue each year because of counterfeit parts. Beyond that, counterfeit parts can cause irreparable harm including reputational damage, compromised national security, and even have life or death consequences.

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  7. Protecting Your Supply Chain with a Robust Quality Management System

    Protecting Your Supply Chain with a Robust Quality Management System

    When electronic components are hard to find, desperation can set in. Add in the ongoing global semiconductor chip shortage. Plus, the longer lead times. What you’ve got here is a potential recipe for disaster.

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  8. Global Chip Shortage Spurs a Rise in Counterfeit Components

    Global Chip Shortage Spurs a Rise in Counterfeit Components

    Out of stock. Limited supply. One per customer. Phrases that have become more and more familiar in the past year as shortages span across industries today. The Covid-19 pandemic continues to shift countless supply and demand landscapes worldwide. While the global chip shortage continues to persist, the demand for chips only increases. This has set the stage for a potentially dangerous and damaging problem – a sharp rise in counterfeit components.

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  9. 4 Vital Best Practices to Mitigate Counterfeit Electronic Parts

    4 Vital Best Practices to Mitigate Counterfeit Electronic Parts

    Your chance of unknowingly purchasing a counterfeit electronic component increases by 25% annually, according to IHS Markit, a source for engineering specifications, standards, manuals and technical publications. Exacerbating that trend is that in 2019, 66.91% of parts reported to be nonconforming, suspect counterfeit, or counterfeit were sold by companies not located in China, stated the ERAI Inc., a global information services organization that monitors, investigates and reports issues affecting the global electronics supply chain.  

    This percentage is alarming because it bolsters the awareness that more mitigation is needed. Simply avoiding open-market parts from China-based companies or certain supply regions as a way to avoid suspect/counterfeit parts is not a viable strategy. With spurious components flooding the supply chain, how can you determine if an electronic part is authentic or not? What should you do?  

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  10. Why is AS6081 Important?

    Why is AS6081 Important?

    Counterfeit electronic parts are bad. Bad for business. Bad for your brand. Bad for humankindCounterfeit parts can wreck havoc into your operations, in the form of increased financial costs, damage to your brand, and revenue loss. In addition, counterfeit parts can cause product malfunction or total failure – which at worse, poses serious risk to people and could lead to injury or even death.  

    And an increasing amount of counterfeit parts are entering the supply chain.  

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