Last Time Buy
As technological changes in electronic component technology continue to advance and IT product life cycles contract, product obsolescence has become a stark reality for electronics manufacturers. With the need to maintain proper component supply channels while managing product design challenges, manufacturers look to Converge for help with their last time buy options.
Converge specializes in creating flexible and scalable inventory management solutions. Our last time buy program enables extended product life cycles by having Converge experts work with clients to determine the appropriate quantity of electronic components to procure and to stage these materials on behalf of the client. All electronic components procured for last time buys are isolated from Converge’s general inventory and shipped in accordance with client forecasts.
Benefits of Converge’s last time buy program include:
- Continued supply assurance
- Logistics and material handling relief
- Reduced financial liability
- Quality control
Contact Converge today to learn more about how our last time buy electronic components program can help alleviate forward supply problems due to product obsolescence.