Electrical components and parts are used in almost every major field today. Electrical parts are used in the aviation industry, the logistics and kitting industries, telecoms, instrumentation, oil and gas sectors, computer peripherals, power applications and a lot more. If you are running a retail business, finding a reliable supplier that can provide quality electrical components and parts is extremely important. Due to the nature, sensitivity, and importance of certain electrical components, it’s important for you to hire a supplier that can provide high quality parts and components at relatively affordable prices so you don’t break the bank.
There are hundreds of counterfeit products in the market at the moment. In case of an audit, the auditors will want to trace the procurement routes for particular products to verify their authenticity. As the owner of a retail business, it’s your responsibility to buy your products from fully traceable, and ideally, reliable sources. Certain products are marked as obsolete and are very difficult to find in the market. Therefore, procuring such products might not be as easy as it seems.
It’s important to find electrical components and part suppliers that can provide hard-to-find electrical parts and components via fully traceable channels. You need to take your time and do your research before signing a long-term contract with any supplier. The following guide will help you find a reliable electrical component supplier that can provide quality parts when required.
Reputation and Size of the Company
Before you sign a contract with any supplier, you should pay attention to the size of the company and their reputation in the industry. Find out about the paid-up capital of the company and figure out when the company started operations. Ideally, it’s best to procure your electrical components from a large-scale supplier to guarantee the quality of your electrical components. Most electrical components must comply with international quality standards. Reputable suppliers have a series of processes in place to ensure the authenticity of the products they supply. Therefore, you do not have to worry about quality complaints as you sell the components forward.
Trading Partners and Manufacturers
How many trading partners and manufacturers does the company work with? Large scale suppliers generally work with some of the largest manufacturers in the world. They supply their products both locally and to international companies. You should visit the specific or chosen company’s website and find out about the trading partners and manufacturers they have signed on with. Reputable manufacturers and trading partners provide extensive warranties of up to 10 years. Since you will be buying the products in large quantities, a small issue with a single component could effectively mean that you need to get the whole shipment replaced. Because large scale suppliers have warranty cover from manufacturers, they can easily issue an immediate replacement for you.
Before signing a contract with any supplier, it’s always wise to discuss your requirements and supply chain flexibility. Find out whether the company can provide products not only as, but also when you require. Most suppliers have extensive delivery networks throughout the UK, so they will offer you a quote inclusive of shipping costs.