Believe it or not, all suppliers are not the same when it comes to getting electronic components. You can think that all the ones available in the market are the same, but they vary significantly in quality. Looking for quality components can be a hard thing to do, and it is better to find a quality component supplier who will serve as your one-stop shop for all your needs. When you search for the businesses offering a specific component on the web, you will be surprised at the wealth of options you get. How do you go about all these options and find the best place to buy your electronic components?
In this piece, we have compiled some common options to look out for when shopping for electronic components so that you are not confused the next time you have to look for one. Read on and find out;
Electronic components are designed and made by specific companies, and you can buy them directly from these entities. Going this way is one of the best choices you can make since you eliminate all the middlemen that may get into the chain and increase the price of the components. The manufacturers are responsible for the implementation of new technologies in their designs and phasing out the old products that are obsolete.
It is important to note that you cannot go and directly buy your components from all manufacturers since they do not operate in the same way. The bad news is that some of the large manufacturers do not have options for selling to retailers and prefer to deal with the people who buy in bulk such as the wholesalers. This way, you can sum up the two ways that manufacturers tend to deal with buyers. These options are through a chain of authorized distributors or directly to the end users who wish to buy the components in bulk.
Buying components through this way has a couple of benefits. The first one is that it has the shortest supply route and this reduces the chances of the parts being interfered with when being transferred through the supply chain. Most manufacturers also offer technical support and after-sales services since they understand the design and technical specifications of the components well. When buying through them, you do not need to worry about authenticity as the components are genuine. Lastly, the reduction of the supply chain means that you can trace the products and raise any complaints in case you have issues with them.
Buying from manufacturers has a few drawbacks with the main one being that you need to have significant spend levels for you to be allowed to buy from them. Aside from that, supplies can go down and, in that case, the authorized distributors get priority over you meaning that you can miss out on what you want.
You have seen that the distributors are like your competition when buying from the manufacturers and you can choose to buy components from them. This is the most common way of going about it as they work in close relationship with the manufacturers. You can actually refer these distributors as the agents of the manufacturers since they operate under strict supply agreements that define the pricing, stock levels, and territory among several other issues. Although there is an extension in the supply chain, buying components through these entities can be your ideal option if you weigh the pros and cons of doing so.
The advantage of buying through the distributors is that they offer great flexibility especially for the ones who are not restricted to one manufacturer. This way, you can get components produced by several manufacturers and analyze what is available before choosing the best one for you. Another benefit is that you do not have to spend above a certain threshold like it was when buying through the manufacturers. The net spend level is significantly reduced, and you don’t have to purchase excess components. The supply chain is well defined, and you can trace your product back to the source. Lastly, they offer technical and sales support since they work closely with the manufacturers.
These are the common component sellers that you come across the streets and internet every day. They do not have any affiliation with the manufacturer and only offer components that you need without any strings attached. They are everywhere and stock a wide variety of components from several suppliers, making it hard for you to miss out on a component you want. The internet has greatly benefited the operation of these suppliers as all you need to do is to log on their website and find a part you need and then place an order. However, this convenience comes at a cost as the unit price is slightly higher due to the slightly extended supply chain.
The advantage of buying throughis that they have a large amount of stock lines held in small batch quantities and if you need a couple of parts within a short time, you can reach out to them. They are also suitable for people who need components in small quantities fast.
These are the last option for you and are not anywhere in the supply chain. They are not tied to any franchise and only try to find the hard and obsolete parts that may not be available anywhere. Buying from them is quite straightforward and it entails some level of risk since there is no sales and technical support received after buying from them. You are not guaranteed to get the parts you need from them at all times, and you should be extra careful when buying from them.
One advantage of brokers is that they specialize in getting the hard to find parts and have access to the global market. The demerit of buying from them is that you risk getting substandard and counterfeit parts that can affect your system. They mostly have parts that you need desperately and can hold this against you and try to get the most financial benefit out of the deal.