Wisbech, Tuesday 15 May, 2018, Anglia Components is advising customers that now is the time to ensure they have sufficient orders/inventory to cover their chip resistor needs. With global demand massively outstripping supply, shortages and price increases are already heavily impacting the supply chain.
Steve Rawlins, CEO, Anglia comments “We are constantly looking at ways to help our customers and ensure that they are aware of the current market conditions. We foresaw that a shortage in chip resistors was coming about 6 months ago and invested heavily in inventory in order to protect our customers. I would strongly advise our customers to get their orders in or take on inventory now whilst stock is still available.”
The demand for chip resistors has risen exponentially due to the increase in electronics content in Automotive, Industrial and Consumer applications. Material prices are also on the rise driven by the increase in demand, this is combining to create a situation whereby chip resistors will remain in short supply and prices will continue increasing in the short to medium term.
Steve further commented “It’s ironic that a chip resistor might be one of the cheapest items on the BOM, but without it, you can be looking at thousands in lost revenue if you are not able to complete the assembly of the end product it is going into. We are keen to inform our loyal customers and the industry in general, that now is the time to take action to ensure your production is not disrupted.”
Customers can visit www.Anglia-Live.com to see available products and inventory of Anglia’s chip resistors.
Anglia is the UK’s leading independent authorised distributor of semiconductors, optoelectronics, interconnect, and passive and electromechanical components. A signatory of the ADS SC21 programme, the company holds AS9120, ISO9001 & ISO14001 accreditations and IECQ-CECC qualification.
Technically adept, with an experienced team of staff, Anglia supports OEM and EMS companies in every sector of electronics manufacturing. Anglia's suppliers include some of the world's leading electronic component brands, complemented by many smaller companies with leadership in their chosen technologies.
Anglia stocks over 1 billion components from over 900,000 product lines in the UK. Components from every supplier are stocked in depth and breadth for same-day dispatch. Anglia aims to streamline logistics and reduce customers' transaction costs through services that include KAN-BAN, EDI, and customer-dedicated inventory, while an accurate, on-time delivery performance is a vital goal for the company.
Technical support spans a sampling service that delivers over £150,000 worth of free evaluation parts each year and expert technical advice from well-trained product specialists and face-to-face guidance from field applications engineers. Both commercially and technically, management of industry legislation and component obsolescence are recognised as areas of vital importance to customers.
Anglia is driven by an ethic of ever-improving customer understanding and, as a privately owned business, aims to provide a fast, consistent and highly responsive service. Further information can be found at www.anglia.com
For further details please contact:
Michelene Hircock at Anglia, Sandall Road, Wisbech, PE13 2PS, UK.
Phone: +44 (0)1945 47 47 47; Web: www.anglia-live.com; Email: firstname.lastname@example.org
Peter van der Sluijs Neesham PR email@example.com +44 (0) 1296 628180