Paragon reports component shortages

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Paragon Electronic Components has seen a rise in demand for its supply chain management tools, which it attributes to component shortages.

Paragon’s director of purchasing Murray Dilks said: “Regardless of the reason for component shortages, it’s clear they are causing major problems for today’s manufacturers.”

Paragon’s Total Component Management service sees the company putting together parts kits, and a series of logistical tasks that deliver the right parts to the right place at the right time.

The service also identifies potential suppliers, manages obsolescence, lead time issues and alternate part sourcing, including materials inspection, device preparation and invoicing.

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