Our excess and obsolete experts have had a great year helping clients around the world redistribute their E&O! Here are their key learnings from 2024: 🔹 Electronica revealed the scope of waste being created due to inefficient inventory management. Our team continues to grow to provide sustainable solutions to this important issue. 🔹 Our upfront pricing software lets manufacturers see the value of their E&O before committing to a sale — an important tool towards transparency and trust. 🔹 It is crucial to proactively manage E&O year-round instead of leaving yourself a headache at financial year-end. 🔹 The sustainability pressures felt in the electronics industry mirror other sectors. See how we can help you to optimise surplus inventory in 2025: https://lnkd.in/e-qB_4Ej #componentsense #techtrends2024 #businesspredictions #supplychainsustainability #sustainablemanufacturing
Component Sense
Appliances, Electrical, and Electronics Manufacturing
Livingston, West Lothian 4,208 followers
A global marketplace for the redistribution of fully traceable E&O electronic component stock. Since 2001.
About us
Sustainable E&O solutions for electronic manufacturers. Component Sense is a forward-thinking global marketplace for the redistribution of fully traceable excess and obsolete electronic component stock. Applying a common sense approach, we help eliminate waste in the electronics manufacturing industry. Using our innovative tech solutions, we make it easy for global manufacturers to do the right thing with their surplus inventory. All of our stock is sourced from large OEM and EMS clients, giving our customers unparalleled levels of confidence. With a focus on customer satisfaction, we aim to provide an exceptional level of service at every step of the purchase/selling process. Our team is comprised of talented, ambitious and enthusiastic people who love to get things done, and we are proud of our company culture, which is shaped by our core values: we are enterprising and positive, and we work with integrity and clarity for our customers (EPIC). These are the values we live by as a business, and they reflect the day-to-day experience of working at Component Sense.
- Website
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http://www.componentsense.com
External link for Component Sense
- Industry
- Appliances, Electrical, and Electronics Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Livingston, West Lothian
- Type
- Privately Held
- Founded
- 2001
- Specialties
- electronic components
Locations
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Primary
Fleming House
5 Fleming Road
Livingston, West Lothian EH54 7BN, GB
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Employees at Component Sense
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Kenny McGee
Inventory Reduction Expert ● Traceable Stock ● Supply Chain ● Electronic Manufacturing ● USA ● Europe ● Asia ● Worldwide
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Rose Hartzell-McGee
Sales Director at Component Sense
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Grant Rutherford
Director & CTO ● Innovative Technical Solutions ● Electronic Manufacturing ● Europe ● USA ● Asia ● Worldwide
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Steven Waterson
Warehouse and Distribution Manager at Component Sense UK
Updates
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Is it time for kerbside collection of WEEE? The British Metals Recycling Association (BMRA) is advocating nationwide kerbside collection of Waste Electrical and Electronic Equipment (WEEE). This idea would aim to reduce fire risks and make recycling accessible across the UK. Only a handful of councils offer kerbside WEEE collection for items like laptops, small appliances, and vapes. BMRA’s Antonia Grey suggests that producers should fund recycling efforts to ease the burden on local councils. Do you think that kerbside collection is a practical solution? Read the full article by Savannah Coombe on letsrecycle.com: https://lnkd.in/eYqAa66A #componentsense #sharedknowledge #weee #recycling #circulareconomy
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At Component Sense, we pride ourselves on having a 95% on-time delivery rate. Find out from Rose Hartzell-McGee how we ensure our electronic components reach you safely and quickly: #componentsense #electroniccomponents #speedydelivery #sustainability #carbonneutrality
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As 2024 draws to a close, Component Sense CEO Kenny McGee reflects on a busy year for the business. Key takeaways include: 🔹 Many companies are still holding significant excess inventory, but redistribution remains highly profitable for them 🔹 A visit to Ghana revealed the intricate balance between environmental challenges and the local economy 🔹 Kenny’s foresight into current conditions continues to prove accurate 🔹 Personal connections are still important in an automated and AI-driven world Unpack these insights and more in our new blog. Plus, learn what song keeps Kenny motivated on challenging days: https://lnkd.in/eCXUiP9T #componentsense #techtrends2024 #businesspredictions #supplychainsustainability #sustainablemanufacturing
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Our top five components of the year are revealed! ✨ This year, we distributed over 2,760,220 electronic parts (and counting), contributing to a circular economy in the industry. Discover our most sought-out components for 2024 in our latest blog: https://lnkd.in/eRfurtxt #2024electronichighlights #componentsense #circulareconomy #top5components #electronicsindustry
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Transparency transforms partnerships into success stories. At Component Sense, we ensure clarity at every stage of redistributing your excess and obsolete stock. Here are just a few of the ways we deliver on this promise: ✅ Real-time tracking: Monitor your inventory 24/7 with our online portal. ✅ Clear payments: Upfront regular payments and detailed invoices. ✅ Transparent pricing: Understand your stock’s value right from the start. ✅ Local access: Store excess locally and get it back if you need it. ✅ Quarterly insights: Receive quarterly business reviews to maximise your returns. Want to learn more? Our new blog features screenshots of our online portal and pricing reports. Click here: https://lnkd.in/erJBBdyN #componentsense #surplusinventory #redistribution #supplychain #circulareconomy
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One month since Electronica already! 😵 Just a month ago, the Component Sense team joined 80,000 visitors from over 100 countries at Electronica, the world’s leading electronics trade fair in Munich. Among 3,480 exhibitors across 18 halls, we were inspired by the many professionals eager to drive sustainability in their companies. A highlight was our CEO, Kenny McGee, delivering an engaging talk on redistributing excess and obsolete inventory. We were also proud to sponsor the Women in Electronics (WE) discussion. Let us continue these meaningful conversations. Contact us to minimise waste in your supply chain and enhance profitability: https://lnkd.in/dkdzdNcd #electronica2024 #zerowasteelectronics #sustainablemanufacturing #componentsense #tradefair
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China has recently announced a ban on the export of critical materials, including gallium, germanium, and antimony. As essential components for advanced semiconductors, these materials are intensifying U.S.-China trade tensions. This move follows the United States expanding its export restrictions on advanced semiconductor tools and software to Chinese companies. These developments could reshape the global electronics supply chain, as these materials are vital to the technology sector. For instance, gallium and germanium are crucial for AI applications, solar panels, and LEDs. Supply disruptions might push manufacturers to diversify supply chains, considering recycling options or sourcing domestically. Read the full analysis of these recent trade bans by Elaine Kurtenbach, published by The Associated Press: https://lnkd.in/eAUVYWNB #componentsense #sharedknowledge #electronicsindustry #techtrade #supplychain
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How is the last month of the year shaping up for you? Redistributing excess and obsolete (E&O) component stock can be a useful way to balance your books as the year comes to a close. Component Sense provides customised E&O solutions designed to maximise your returns. With our Outright Purchase option, we can uplift surplus inventory within 48 hours and offer a one-off cash payment. Take control of your inventory today: https://lnkd.in/dRrE4PnK #financialyearend #revenue #margins #excessobsolete #componentsense