Association Adopts Tool to Help Combat Fraudulent and Substandard Parts
Princeton Junction, NJ, January 16, 2004– In order to help independent distributors better identify and protect themselves against the industry-plaguing problem of fraudulent and substandard parts, the Independent Distributors of Electronics Association (IDEA), a non-profit trade association that represents the independent market segment, recently announced the availability of its Electronic Components Inspection Manual. The manual, available to IDEA members only, was created to establish general requirements for the receiving and inspection of electronic components by brokers, suppliers and/or independent testing laboratories.
IDEA created the Electronic Components Inspection Manual with the following objectives in mind:
- To obtain sufficient information through inspection activities at vendor and licensee/applicant facilities to assure part authenticity.
- To ensure that vendors are complying with the applicable industry requirements.
- To inform industry/vendors of instances involving substandard, suspected counterfeit, or fraudulently marketed vendor products and to gather and provide timely information to system users.
- To assure that counterfeit and fraudulently marketed products are traced to their source and that system users are informed and alerted of possible suspected parts.
- To inform private and federal agencies of appropriate matters involving substandard products.
- To assure that system users' programs and their subsidiaries, as applicable, have an effective system for reporting counterfeit and fraudulently marketed products.
- To provide technical assistance to system users for identifying counterfeit and fraudulently marketed products.
"Tens of thousands of industry transactions occur daily. There is a lot of opportunity here, so IDEA is embarking on a necessary campaign to tackle the problem of trafficking substandard and counterfeit products, as well as fraudulent business practices that may be taking place," said Daniel J. DiMase, chairman, IDEA Counterfeit Committee. "Utilizing this inspection manual will save companies both time and money, and ideally help to mitigate some of these problems."