Progressive Components has issued a new Component Certification program, which company officials say offers visibility of supplier component purchases and verification of mold specification compliance.
When a new tool program begins, component specifications are identified and expected to be followed. But according to Progressive Components, mold buyers frequently do not receive the specified components. That can lead to part failure.
With the new Component Certification Program, mold buyers get a unique ID, which is “incorporated into every bill of materials, and subsequently required to be included with each purchase order, along with the tool ID.
“We've had customers come to us that buy hundreds of molds per year in China, but have no way to be sure they are getting the components that have specified in their bill of materials,” said Peter Friddle, vice president at Progressive Components.
Progressive has sought out companies in the past offering counterfeit components.
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