Resources

Electronic Component Sourcing

As technology evolves, so does the need for a supply chain that will quickly resolve electronic component shortages. South Electronics provides original equipment manufacturers (OEM) and electronic manufacturer services (EMS) allocated, obsolete and hard to find parts needed for production.

South Electronics’ database contains billions of parts from hundreds of suppliers worldwide with real time availability. Electronic components are sourced from only authorized suppliers that adhere to AS5553 industry standards. Our team of experts will search our inventory and our global network of suppliers to get the parts you need, the price you want, and the delivery you expect.

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Sell Excess Inventory

A key decision for manufacturers is how much inventory to keep on hand. The instant inventory levels are established they become critical to the budgeting system. Inventory management involves a delicate balance between demand stock and safety stock. Once demand is met and safety stock has been supplied, excess inventory reduces the available cash flow and diminishes usable storage space. South Electronics’ excess inventory management system allows customers to control their excess electronic components by utilizing multiple options. Control your aging surplus inventory by selling a few lines or a lot, while maintaining control throughout the process.

Electronic components we purchase:

Sell entire lot of inventory (Lot purchase)

Send us your list of excess electronic components and South Electronics will bid to purchase the entire list. We will simultaneously offer products to our network of distribution partners that are located worldwide for maximum ROI.

Sell single line items (Line item purchase)

Send individual line items to South Electronics and we will submit an offer to purchase specific items. Market demand varies in a global economy, don’t let an overage of products lose value and take up valuable space.

Consignment Excess Inventory (South HQ facility)

Our Consignment program is ideal for companies that are looking to sell excess electronics inventory at a higher ROI as well as creating valuable space at the production facility. Once excess is received, our QA team performs a physical count of inventory and a spreadsheet is generated of inventoried and documented product and sent back to you for your records. After matching product shipped with product received your electronic components are marked with your company code and stored in South Electronics consignment section in our ESD controlled warehouse. Our team will then market products on our database that reaches thousands of buyers daily worldwide. As acceptable bids are made, your excess is sold and shipped to the customer. You will receive a monthly itemized report and a check on all excess inventory that is sold based on negotiated percentage.

List excess Inventory (Current Location)

This feature is the most impactful for manufacturers that have the warehouse space available and want full control and ownership of inventory. We will market your product on our international database and contact you when a Request for Quote (RFQ) is made. Once an acceptable offer is made on parts, South Electronics will pay for parts and shipping of product to our HQ in Dothan, Alabama.

For more information, send an email to info@southelectronics.com

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Value Added Services

South Electronics value-added services are generated to benefit both the purchasing division and the production floor. Services offered allow our customers to streamline the manufacturing process from component to completion.