Converge Offers Obsolete- and Shortage-Component Sourcing Solutions to Technology Manufacturers in South Korea

SEOUL, SOUTH KOREA - Media OutReach - Oct 2, 2015 - Converge, an Arrow company, announced it will offer a diverse suite of supply chain solutions and services in South Korea to protect technology manufacturing companies against potential component supply risks and threats, including obsolescence, lead-time fluctuations, counterfeiting, and surplus inventory.

Eric Checkoway, vice president and general manager of Arrow's global asset disposition business

"Manufacturers of innovative technology products have to constantly assess and refine their supply chain strategy and infrastructures in midst of the ever-increasing industry challenges and disruptions. We recognize that the business of producing successful high-tech products is critically dependent on having trusted supply chain partners who can provide established protection against potential threats to component supply," said Eric Checkoway, vice president and general manager of Arrow's global asset disposition business. "With our global distribution network and local presence, we stand poised to help technology manufacturers resolve material shortage issues, drive recovery value from surplus inventory, reduce costs and speed time-to-market."

Converge's global sourcing services for shortage, obsolete, hard-to-find, and end-of-life materials, cover a full range of electronic components from integrated circuits and semiconductors to memory and storage. Converge also provides flexible excess inventory solutions that help not only reduce costs but also increase returns and drive recovery revenue. 

Converge is a 35-year independent distributor, providing a suite of services that include product procurement/distribution, supply assurance management, and counterfeit protection through rigorous quality management programs. Its global facilities have industry-leading certifications in AS6081, ISO 9001, ISO 14001, OHSAS 18001, ESD S20.20 and AS9120 (anticipated in late 2015) international standards and are staffed with a team of IDEA-certified component engineers and trained inspectors. For information, visit http://www.converge.com/

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Eric Checkoway, vice president and general manager of Arrow's global asset disposition business

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About Arrow Electronics

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 56 countries.