Microchip USA
How Microchip USA Supports Clients

The electronic component market is on the upswing even with the current challenges. The most recent 2024 ECIA Survey Analysis Report revealed a surge in the overall component index indicating a healthy market with high demand for electronic components. The recent technological advancements continue to allow and drive demand for these components. Nevertheless, the industry is still facing challenges such as supply chain disruptions, overbuying, record-high lead times, and high costs on parts, which is making it difficult to purchase components directly from the primary marketplace. Board-level components are also going obsolete faster than before, which creates uncertainty to what the future holds for the industry. Regardless of the conditions of the market in the present or future, at Microchip USA there is a solution to any market disruption and change.

There has also been a significant increase in fraudulent businesses that have hurt many clients’ trust in the open market. That’s why at Microchip USA we take pride in being transparent with our clients on every level by keeping all certifications and accreditations up to date and up to standards for aerospace, military, medical devices, and automobile, among others. Our certifications include ISO 9001:2015, ISO 27001:201, ISO 14001:2015, and AS9120. We also maintain memberships with ERAI and GIDEP. We partner with certified and accredited third-party labs to mitigate risks, remove biases, and meet companies’ requirements. We also add a layer of extra protection by offering 1-year warranties on all tested parts, ensuring clients’ projects are successful and satisfaction is high.

With lead-times, costs, and end-of-life (EOL) notices increasing, many companies look to Microchip USA to save money, time, and find obsolete parts that no one else can. This has been possible through our surplus of Original Electronic Manufacturers’ (OEMs) and Contract Manufacturers’ (CMs) inventory, which has been exceptionally successful in supplying requirements for Intel, Xilinx, and NXP board-level components. Microchip USA also offers project collaboration, distinguishing us from our less-communicative competition. Our electronic component experts can analyze a client’s project requirements and allocations to provide supply chain solutions and cost-saving opportunities, which has saved our clients millions of dollars in the current market. We understand the importance of flexibility and demand, so to keep client’s projects running smoothly and their budget used wisely, we provide vendor managed inventory service which includes scheduled deliveries as well as net 30, 60, and 90 financial terms for frequent buyers.
Another issue many clients are facing is overstock. This is due to market uncertainty, aggressive stockpiling, and non-cancelable orders because of the various global events and disruptions of the past years. Many clients are left with an inventory overhang amid demand drops, price inflations, and recession concerns. This issue is most likely going to remain a short-term problem in the industry. Microchip USA offers an excess inventory management program to our clients to solve this issue and help companies recoup capital costs, time, logistics, and warehouse space. This program offers services such as line-item purchases, lot purchases, and consignment. Clients are able to upload their excess inventory through our website, and our inventory team will take care of the next steps.

Microchip USA’s priority is to help our clients make the best decisions for their projects, from securing quality parts, supporting their supply chain, collaborating with them on their project's needs, and making sure they make the best financial decisions. If you are looking for a reliable supplier of obsolete, hard-to-find, back-ordered, and last-time-buy parts, look no further than the experts at Microchip USA. We help our clients every step of the way, connect with an expert to get started.