03 Oct '12, 12am

Counterfeiting problems not getting any better

Counterfeiting problems not getting any better Wednesday 03 October 2012 01:09 Counterfeit incident reports from the beginning of the year through the end of August averaged 107.3 per month, up slightly from 107.1 in 2011, says IHS On a sequential 12-month basis, a total of 1,336 separate verified counterfeit-part incidents have been made for transactions involving a minimum of 834,079 purchased parts. These figures are considered conservative because purchased parts reflect only a subset of all reported incidents. Counterfeit parts are an escalating global supply chain challenge where a single occurrence represents widespread risk to product cost and quality, human safety, and national security. These new counterfeit report figures arrive at a time when the US DoD is scheduled to update the Defense Federal Acquisition Regulation (DFAR) Supplement to the Federal Acquisitio...

Full article: http://www.electronicsweekly.com/Articles/03/10/2012/5469...

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