Many minds make light work: That's the wisdom of crowdsourcing. A new online community is hoping to leverage the power of the people to help address counterfeit risk and obsolescence headaches in the supply chain.
Network Product Solutions LLC has launched the Trusted Global Buyers Network (TGBN), an online community that will allow members to rate sources of supply to help buyers find trustworthy sources of parts.
“Today, buyers purchase parts from independent distributors primarily when they cannot find inventory at authorized sources,” said Ed Odette, founder and president of NPS, in a press release. “TGBN offers buyers and engineers the ability to collaborate and share their experiences with suppliers by rating them based on their quality, compliance controls, trustworthiness, and warranty.”
Once authorized channels have been exhausted, electronics purchasers are faced with the challenge of sorting through the choice of independent component distributors and brokers. Some industry organizations, such as the Independent Distributors of Electronics Association (IDEA), work to create standards and point to resources. IDEA members must each have a proven quality management system (QMS), be active in advancing ethical standards, and adhere to a variety of standards. At the same time, there's room for more collaboration.
“The technology has been there to mitigate false availability problems; the willpower has been missing,” said John Becker, former Special Assistant to Deputy Undersecretary of Defense (DUSD) for Logistics & Materiel Readiness (L&MR), in the written statement. “TGBN's approach opens up new ways to mitigate the problem.”
TGB, not only provides information on known good sources, but also points to problem parts and suppliers. Member buyers and engineers rate and review suppliers, and share best-practices.
Check out the infographic below… Do you think crowdsourcing has the potential to help OEMs fight the counterfeit component problem?
— Hailey Lynne McKeefry, Editor in Chief, EBN