Richard Smith Provides a "Review of Reported Counterfeit Data" at the Symposium on Counterfeit Parts and Materials
Bio: For 35 years Richard Smith has served as an electronic component Sales Representative, Sales Manager and International Vice President for manufacturers’ reps, franchised, and independent distributors.
As International VP he opened sales offices and stocking facilities in China, Mexico, Malaysia, and India. He has had the opportunity to visit customers in 26 countries and 360 cities. In 2013 Richard shifted gears and joined ERAI to provide manufacturers and distributors with tools and services to mitigate the risk posed by counterfeit parts.
Abstract: The presentation will analyze historical reporting trends using data collected by ERAI over the last decade with a comparative emphasis over the last two years. Along with annual report totals, the data will review the recurrence and classification of the reported parts as well as a change in the types of components that are being counterfeited. While capacitors historically accounted for just under 3% of all reported parts in the ERAI database, 2018 data shows that, for the first time in the last ten years, capacitors surpassed ICs as the most-often reported part type representing 14.3% of reported parts. We will additionally explore how supply chain fluctuations and product availabilities affect counterfeiting trends and discuss the factors affecting counterfeit part reporting.
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