7 Tips for Sourcing EOL & Hard-To-Find Electronic Components

Prior to beginning your search for the right distributor, get a clear understanding of your project’s main objectives. This will help you determine the specific parts and the specifications that meet life span expectations and regulatory requirements so you can narrow your search and avoid wasting time. You can even use your BOM (Bill of Materials) to serve as a guide.

Create a forecast to predict the components you need and make informed decisions. Look at your sales history to see if there are any patterns for when certain products are in demand. This way, you can anticipate the components needed to make those products at similar times in the future. Then, you can place orders in advance, with enough time for your suppliers to source the components in the volume you need and have them ready on time.

When there is a large number of quote requests, the market hears about it and thinks the parts in question are in high demand. This only leads to bidding wars and can inflate the cost of the components you are looking for.

Carefully analyze your distribution partner to see if they meet your expectations, including their sourcing capabilities and experience. Ask questions about how the products are evaluated for quality. An experienced distributor will have an extensive inspection and testing program to ensure the authenticity of all products. Once you find a trustworthy supplier, create a business relationship that will last and benefit the company’s bottom line.

When possible, schedule your orders as far in advance as possible. Any delay could hurt your costs, lead times, or even supply availability.

Suppliers will offer a variety of things, including short lead times, to appeal to customers, but shipping and delivery dates vary so you must confirm these with any potential company you partner with. Avoid companies that give unrealistic lead times and always be sure to ask for details on production timelines, testing or certification, and shipping dates. Suppliers can’t make parts magically appear, but the best ones will work hard to minimize disruptions in the process.

Alternative parts are typically used when the original part is unavailable or discontinued. Trusted distributors will do their best to source the original parts requested but if a part is unavailable, they can identify alternative options that offer better functionality at a lower cost.