Component Sense Blog

In electronics manufacturing, precision is everything. A single forecasting error or mismanaged material order can lead to costly downtime, excess inventory, and wasted components.

About 10% of a global manufacturing company’s revenue is tied up in excess and obsolete (E&O) components. Many default to scrapping or landfill for disposal. This ultimately hurts profit margins, increases warehouse costs, and undermines sustainability goals. Component Sense helped Corning Inc. address this challenge head-on.  

As the world strives to meet the Paris Agreement targets, COP30 represents a critical moment for global climate action. The summit could shape the policies that determine our planet’s future. 

Forecasting in manufacturing is the backbone of efficient operations, cost control, and long-term business sustainability. Without accurate forecasting, manufacturers risk stockouts, excess inventory, and wasted resources.

As the final quarter of 2025 approaches, procurement and inventory managers face mounting pressure to clear excess and obsolete (E&O) stock, balance budget sheets, and make room for next year’s inventory. With carrying costs eating up 15–30% of total inventory value annually, unsold goods are more than just dead weight; they’re draining profit margins