The growth of e-commerce marketplace technology and worldwide OEMs is a blessing in disguise for purchasing departments, project managers, engineers, and others involved with tight project deadlines and even tighter budgets. Just 10 years ago, finding the best value for electronic parts posed many challenges – not the least of which was limited product availability. The demand for high-quality electronic components has always been constant, even if the supply wasn’t quite there yet.
Thanks to explosive growth with online-based manufacturers and other OEMs, along with e-commerce marketplace resources, demand has “officially” caught up to ever-increasing demand. In some ways, that’s great news for project deliverables. Yet the ability to find optimal value for electronic parts with favorable delivery times and discount pricing is more competitive than ever.