How COVID has spurred counterfeiting
COVID was a transformative experience for everyone and made us realize how globally connected we are and how vulnerable our supply chains can be. The associated peaks in demand and other restrictions have once again shown the market for electronic components that counterfeiters have an easier game, especially in times like these, because in times of need, products are also purchased from unverified sources in order to be able to supply customers and consumers. In most cases, the damage is not immediately apparent but has serious medium-term consequences for the companies through complaints and loss of customer confidence. The attached article shows how important the relationship of trust is in B2B business and that modern tools such as LeanID can help to secure this digitally for producers and supply partners.
- Posted by admin
- On November 24, 2023
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