Supply & Demand Chain Executive - May 2009 - (Page 26) Benchmarking Counterfeits & Inferior Grade Components – An Executive Summary Protecting Your Supply Chain from a Predatory $100 Billion+ Industry A Wake-up Call for the Supply Chain ounterfeit and inferior components are a real and present threat to the supply chain. This threat is not new, of course, but recent studies suggest that the threat is growing. For example, a recent survey by the Bureau of Industry & Security of the U.S. Department of Commerce showed the incidence of counterfeits increasing steadily over the past three years. Recent mainstream media coverage has highlighted the risks to product performance, operations and regulatory compliance from inferior components and fakes in high-reliability markets like the military and medical devices. C “Counterfeits ground aircraft and impact airplane safety.” In the electronics supply chain, some estimates are that up to 10 percent of technology products worldwide are counterfeit, equating to roughly US$100 billion in global product sales. Counterfeit and inferior components may include unauthorized copies of parts; used components misrepresented as new; inferior or substandard components misrepresented as superior; substandard parts created with substandard technical documentation; or regulatory-compliant parts represented as noncompliant or vice versa. In order to assess the scope and impact of counterfeits and inferior components in the supply chain, Supply & Demand Chain Executive (SDCE) magazine conducted a study in February-March 2009 that encompassed 1,000-plus industry professionals from more than 500 global manufacturing and non-manufacturing organizations. Working in conjunction with IHS, a leading provider of critical information and insight with significant expertise in the electronics supply chain and product lifecycle issues, SDCE set out to understand the origins and methods of counterfeit component production, and the operational, financial and liability dangers they pose. The study then sought to identify methods to minimize and combat counterfeit exposure, and benchmark risk mitigation strategies across the supply chain. (A PDF presentation of the study results is available at www.SDCExec.com/CFreport.) The study results confirm in striking fashion the widespread impact of suspected counterfeits and inferior parts on the supply chain. Fully 82 percent of the study participants said that they were familiar with most or all of the different types of counterfeits, including parts skimmed from subcontractor facilities; the re-use of scraps and rejects; the reclamation of used components; the re-branding of commercial parts as high reliability; false claims of regulatory compliance; and the manipulation of supply and demand with fake product change notification or end-of-life (PCN/EOL) documents. The study results reveal widespread, serious impacts on the supply chain and represent a wake-up call to all supply chain stakeholders. CLICK HERE TO VIEW LARGER Solutions-based Intelligence for Supply Chain ROI WHITEPAPER http://www.SDCExec.com/CFreport Table of Contents for the Digital Edition of Supply & Demand Chain Executive - May 2009 Supply & Demand Chain Executive - May 2009 Executive Memo Table of Contents Procurement Viewpoint How to Survive the Economic Crunch — Five Things You Can Do Now Five Tips for Driving a Successful Sourcing Process Six Best Practices for Procure-to-pay in a Recession Linking the CFO to Supply Chain Execution Bad Data – The Problem with Procurement No Excuses – Product Recalls, Warranty Issues and Quality Issues Can Be Avoided Critical Demand Planning Skills for Difficult Times Best Practices - Payment Best Practices - Demand Management Best Practices - Integration/ERP Best Practices - Fulfillment/Logistics Supply & Demand Chain Executive - May 2009 Supply & Demand Chain Executive - May 2009 - Supply & Demand Chain Executive - May 2009 (Page 1) Supply & Demand Chain Executive - May 2009 - Executive Memo (Page 2) Supply & Demand Chain Executive - May 2009 - Executive Memo (Page 3) Supply & Demand Chain Executive - May 2009 - Table of Contents (Page 4) Supply & Demand Chain Executive - May 2009 - Table of Contents (Page 5) Supply & Demand Chain Executive - May 2009 - Procurement Viewpoint (Page 6) Supply & Demand Chain Executive - May 2009 - Procurement Viewpoint (Page 7) Supply & Demand Chain Executive - May 2009 - Procurement Viewpoint (Page 8) Supply & Demand Chain Executive - May 2009 - How to Survive the Economic Crunch — Five Things You Can Do Now (Page 9) Supply & Demand Chain Executive - May 2009 - How to Survive the Economic Crunch — Five Things You Can Do Now (Page 10) Supply & Demand Chain Executive - May 2009 - How to Survive the Economic Crunch — Five Things You Can Do Now (Page 11) Supply & Demand Chain Executive - May 2009 - Five Tips for Driving a Successful Sourcing Process (Page 12) Supply & Demand Chain Executive - May 2009 - Five Tips for Driving a Successful Sourcing Process (Page 13) Supply & Demand Chain Executive - May 2009 - Five Tips for Driving a Successful Sourcing Process (Page 14) Supply & Demand Chain Executive - May 2009 - Five Tips for Driving a Successful Sourcing Process (Page 15) Supply & Demand Chain Executive - May 2009 - Six Best Practices for Procure-to-pay in a Recession (Page 16) Supply & Demand Chain Executive - May 2009 - Six Best Practices for Procure-to-pay in a Recession (Page 17) Supply & Demand Chain Executive - May 2009 - Linking the CFO to Supply Chain Execution (Page 18) Supply & Demand Chain Executive - May 2009 - Linking the CFO to Supply Chain Execution (Page 19) Supply & Demand Chain Executive - May 2009 - Linking the CFO to Supply Chain Execution (Page 20) Supply & Demand Chain Executive - May 2009 - Linking the CFO to Supply Chain Execution (Page 21) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 22) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 23) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 24) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 25) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 26) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 27) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 28) Supply & Demand Chain Executive - May 2009 - Bad Data – The Problem with Procurement (Page 29) Supply & Demand Chain Executive - May 2009 - No Excuses – Product Recalls, Warranty Issues and Quality Issues Can Be Avoided (Page 30) Supply & Demand Chain Executive - May 2009 - No Excuses – Product Recalls, Warranty Issues and Quality Issues Can Be Avoided (Page 31) Supply & Demand Chain Executive - May 2009 - No Excuses – Product Recalls, Warranty Issues and Quality Issues Can Be Avoided (Page 32) Supply & Demand Chain Executive - May 2009 - No Excuses – Product Recalls, Warranty Issues and Quality Issues Can Be Avoided (Page 33) Supply & Demand Chain Executive - May 2009 - Critical Demand Planning Skills for Difficult Times (Page 34) Supply & Demand Chain Executive - May 2009 - Critical Demand Planning Skills for Difficult Times (Page 35) Supply & Demand Chain Executive - May 2009 - Critical Demand Planning Skills for Difficult Times (Page 36) Supply & Demand Chain Executive - May 2009 - Critical Demand Planning Skills for Difficult Times (Page 37) Supply & Demand Chain Executive - May 2009 - Critical Demand Planning Skills for Difficult Times (Page 38) Supply & Demand Chain Executive - May 2009 - Best Practices - Payment (Page 39) Supply & Demand Chain Executive - May 2009 - Best Practices - Payment (Page 40) Supply & Demand Chain Executive - May 2009 - Best Practices - Demand Management (Page 41) Supply & Demand Chain Executive - May 2009 - Best Practices - Integration/ERP (Page 42) Supply & Demand Chain Executive - May 2009 - Best Practices - Fulfillment/Logistics (Page 43) Supply & Demand Chain Executive - May 2009 - Best Practices - Fulfillment/Logistics (Page 44) http://www.nxtbookMEDIA.com
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.