@Douglas: If they go on the open market, they need to have a solid brand image to compete against the OEM. It takes years to build that up. As far as the costs are concerned, they can keep them down if they don't have overheads like publicity.
@TaimoorZ Interesting question. However, I would think that if there was a counterfeiting operation that produced a superior product to the original, either their costs would be more, or they could compete on the open market as a serious licit competitor.
"..what if the fake US has the same form, fit and function as the old one? Would anyone know the difference?"
@Barbara: It's very difficult to trace out if the product is counterfeited if it's has been replicated perfectly. However, this is why companies install RFID chips with products and the RFID tag helps in identifying the authenticity. It's not so easy to fake the RFID tag.
@Douglas: I agree that mostly counterfeit goods are poor in quality and companies can trace them and filter them out of the supply chain. Have there been cases where the counterfeit product has been found to be better than original in terms of design or production?
@DodgeJ The hand held device only verifies the DNA is present. It does not authenticate the sequence. In my understanding, fluorophores are often used in staining and marking tissues such that light is emmitted when the molecules are excited. The hand held scanners will detect the fluorophores and consequently the presence of the DNA. That was a very good question on your part.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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