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Reduce procurement costs through outsourcing
Our Electronic Component Kitting service helps CEMs and OEMs purchase parts more efficiently – helping to reduce both procurement costs and component stock holding.
Getting to grips with the worldwide electronic components market can be a challenge for in-house procurement teams. Constantly monitoring the volatile nature of the supply base can be time-consuming, costly and complex.
As a specialist in Electronic Component Kitting, Diamond Electronics provides an outsourced solution to the problem. We help many leading CEMs and OEMs to purchase components more efficiently – and currently manage more than 1000 component kits on their behalf.
“We manage more than 1000 component kits for customers – who can realise up to 10% savings on overall procurement costs”
Our solution gives CEMs and OEMs all the visibility and control of in-house acquisition – with the efficiency benefits of an outsourced service. Through our expertise in the components market, our kitting solutions reduce overall procurement costs by up to 10%, compared with traditional multi-vendor processes.
Customers also save around 30% in storage and administration overheads. In addition, clients realise a significant improvement in working capital – through reduced component stock holding.
Kitting benefits
We’ve built a global network of electronic component specialists – with access to worldwide distributor inventory – since launching our kitting division in 1997. Under the programme, we source semiconductors, passive and electromechanical components, interconnection parts and PCBs.
SMT and through-hole components are prepared and delivered in “production-ready” quantities, on a date to suit each customer’s production schedule. SMT components include a suitable feed and tail, and an agreed level of attrition. If required, through-hole parts can be preformed. All components are labelled with manufacturer and customer part numbers, board locations and descriptions.
Our customer-focused service includes quality checking, alternate part sourcing and co-ordination of delivery. We take on the headache of sourcing suppliers, tracking orders, quality-checking deliveries, dealing with errors and handling numerous invoices from multiple suppliers.