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World Micro's corporate development strategic initiative includes a unique program focused on bringing “End of Life (EOL) Solutions" to Customers and Aerospace, Electronic Component and board level Manufacturers (OEM Suppliers). World Micro's focus is an approach working to provide a complete EOL solution with online inventory management and component inventory management solutions. Our approach provides a more complete solution than companies like Rochester Electronics, a distributor who manufactures select OEM Suppliers' products for years, and provides some stocking of EOL parts for their 57 OEM Suppliers.
World Micro's focus is on ways to help any Customer and OEM Supplier develop customized solutions that meet their specific needs, which include:
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- Custom stocking solutions for all critical need parts
- Last-time purchase options
- Online Inventory Management Portal
- Online tools to research and purchase parts
- Request For Quote Management Portal
- Quality Inspection Process to insure product integrity for Open Market purchases
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- Outright purchases of EOL remaining product from the OEM Supplier
- Consignment programs
- Manage EOL and PCN notices
- Research cross options
- ODM Design Service to redesign boards to extend life cycles
- Partnered with leaders to bring complete solutions
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Customers are struggling managing critical requirements at the end-of-life of their existing products. PDM (Product Data Management) and PLM (Product Lifecycle Management) programs do not adequately address the need and most solutions are segmented throughout the industry. On top of this OEMs have downsized creating critical shortages on manpower needed to address and pro-actively manage the EOL stage, or through acquisitions have communications and process systems that limit the ability to work together.
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Key Reasons For Success Working with World Micro:
- Focus on Core - We are the Experts: World Micro is a leader and an expert in providing customized EOL solutions with leading Tier 1, 2, and 3 OEMs and CMs worldwide.
- We Bring Solutions and Value: To a real need that Customers and OEM Suppliers have with their customers when they EOL a product, one in which other Distributors do not adequately satisfy. No other company adequately serves the needs of both suppliers and customers at the critical EOL stage of the product life cycle.
- Limited Competition: Rochester Electronics is the only Distributor who has marketed themselves as “The Ultimate Aftermarket Solution for Semiconductors” for only 57 Manufacturers' Product lines. Main focus - continued manufacturing of ICs and stocking limited number of parts, and not on solving real issues faced by both OEM suppliers and customers.
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