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Unit 3 Assignment 1 Value Chain Analysis

Decent Essays

The technology is progressing at a fast pace making more and more electronic components become obsolete. New and innovative electronic components are making their way to the market, making it difficult for people to find End of Line (EOL) electronic components. And it does not help that the market is full of all kinds of suppliers, including unethical ones that sell fake products to naïve buyers.

People who want to buy electronic components feel unsure about where to start their search and which suppliers to trust to place their order. As a buyer, it is essential that you make informed decisions to make the right choice. Here are the tops tips to find a reliable electronic components supplier:

• The first step to find a reliable obsolete …show more content…

If you are looking for IC components suppliers, you need to make sure that they have been in business for a long time and have plenty of satisfied customers. You will be able to verify this by checking reviews about their products and services on their website as well as other online forums. A company that is ISO 9001 registered and a member of global organizations such as ERAI Inc, SMTA, and IPC amongst others.

• If you are a person who likes to meet a supplier before you make a purchase, you can choose to go to trade shows to meet different obsolete components suppliers in person. You can take a look at their offerings and make up your mind. It is essential to get in touch with suppliers instead of traders or wholesalers since they will not be able to give you the best price. A supplier is the best person to do business with since he can offer you the best price.

• Social media can help you gather social proof about a supplier. You can visit the social profiles of the suppliers you want to work with to gather some social proof about them. If they have no presence, it just goes on to show that they have not yet kept pace with the changing times and are not ideal partners for you. A dormant profile or low following also is not a good sign. You must choose to work with a supplier that is active on social media and engages with its

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