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Why a vigilant supply chain helps avoid counterfeit product components within your product. As manufactures are determined to produce product with minimal overrun and to specific client specifications to boost per unit profits the market starves for spare parts. This efficiency is understandable but gives rise to illegal product counterfeiting markets trading in such product. What makes these types of counterfeits more egregious is that the individual part is typically a component of another product manufactured a separate company. So the sequence of events becomes product manufacture A makes a general request for a part (let call it a bearing) to manufacture a hydraulic pump Counterfeit company B responds to the RFQ and produces a part that looks exactly (and is marked) like a part supplier C would deliver, at a fraction of the cost. However counterfeit B’s part uses substandard metals and poor machining tolerances and wears out well before manufacturer’s A warranty period is over. Do you see where this is headed? Customer buys Company A product, the part fails and is returned. Company A taps supplier C and they deny it’s their product, company A is on the hook to satisfy the customer which usually mean replacing the product. So not only did you waste valuable services time cycles determining it a counterfeit component in your product, you now are replacing a product for a customer for additional loss of revenue. There are methods and tools available for the supply chain to insure that only legitimate product are being sourced. Having the ability to “check up” on an unknown supplier or do test purchases prior to committing to the entire product lot can go a long way to avoiding these kind of issues. Since more and more of these product sourcing issues are being remedied in the online global market find a way to monitor that global market for product that is safe for your company to use

Why a vigilant supply chain helps avoid counterfeit product components within your product?