A Message from Steve Madley…

Market conditions have changed dramatically over the last few days and weeks. We envisage this getting worse through 2017 and lasting into Q1 or even into Q2 2018.

The Rebound Group has seen a huge upturn in enquiries and resulting business as a result of shortages being experienced by electronic component users. Customers are reporting being let down on delivery by franchised distributors even on scheduled orders placed as long ago as 6 months.

This has been caused by a multitude of reasons which include manufacture consolidation, little investment in new production capacity due to little growth over the recent past, and specific upturn in demand due to certain market segments including automotive (electric cars), IoT, and mobiles (I-phone 8).

Afdec have reported that in the period from Jan 2012 to December 2016 (20 quarters), 12 quarters have been recorded as negative growth and only 2 quarters have registered more than 5% growth and one of these was Q4 2016 (compared to the same quarter of the previous year).

There is also an upturn in demand from China recording the strongest quarterly performance, in 18 months, in Q1 2017 as a result of a substantial increase in industrial activity.

The resultant increase in notification of obsolete parts, lead times, and prices has created a disruption in the stability hither to in pricing and delivery.

Rebound is seeing a 150% increase in shortage and obsolescence requirements now. Quite often when stock is located, it is then lost either because it has taken too long before a commitment is made, by the customer, to secure the inventory or because the part is in such demand that pricing is secondary for some other customers.

We recognize and respect that that due consideration needs to be given before an order for higher priced inventory can be placed, for example, commercial viability of the end product or CEMs may need their customers to underwrite the higher priced inventory.

We will always do our best to locate competitively priced inventory within our very strictly governed certifications that include AS9120, ISO13485 and SC21 Silver.

However, please bear in mind that the market conditions have significantly changed and the approach to it needs to be modified accordingly. We envisage it getting worse through this year and into next year.

Nevertheless, we remain committed to supporting you with our excellent service levels that we pride ourselves on, underpinned by our very disciplined Quality certifications which contribute significantly to our $150M business.

Steve Madley

Group Director

New Franchised Line!

Rebound Switzerland is new franchised distributor of the manufacturer Riedon Inc.

https://riedon.com/

 

About Riedon Resistors

History of Riedon Resistors

For more than 45 years, since our formation in 1960 Riedon has been at the cutting edge of resistive solutions; this is evident today in that our Wirewound, Thick & Thin Film, and also Foil resistive products can be seen in industries as diverse as: Aerospace, Military and Instrumentation.

Our installed customer base varies from the largest Fortune 100 conglomerates, global contract manufacturers, to the smallest of independent companies.

Today Riedon employs more than 130 team members worldwide and has manufacturing, technical support, and sales facilities in the U.S., Europe, Asia, and Mexico.

Inherent to our diverse customer base are their individual and disparate needs – Riedon has created its business ethos around serving these customers efficiently and effectively regardless of their requirements.

Service

Today Riedon is dedicated to offering the best customer service and support within the resistor industry; consequently we utilize a direct to end-user methodology to ensure that our customer’s needs are met effectively and efficiently.

Through this direct service model, we are able to support our customers in ways no other resistor company can:

  • Immediate personalized technical support and problem solving.
  • Flexible manufacturing systems enable us to support orders of just 100 resistors through to 1million pieces with the same support and enthusiasm.
  • Custom application support and design, utilizing our global engineering and technical resources.
  • Real-time order tracking.
  • Vendor Managed Inventory programs.
  • A dedicated sales manager and customer service representative to guide you through, and support your ongoing resistive needs.
  • Online quote and sample order requests.
  • Global part tracking through our CRM solution to ensure product traceability.
  • Industry best lead times.

 

Quality Resistors

At all of our global locations, quality, performance, and traceability are closed loop processes. It begins with product design, constant improvements through critical analysis of customer and manufacturing data.

In process testing (to both Military and IEC specifications), visual inspections and 100% final acceptance testing of DC resistance ensure our resistors perform to the standards our customer’s requirements.

Rebound Continue To Invest in the Italian Market!

Rebound has operated in the Italian market for over 20 years servicing it customer base of Aerospace, Medical and Industrial customers with PPV cost saving, Shortage and Obsolescence Management as well as offering Group Service including Custom Battery Packs, PCB’s and Value Engineering through over 50 Franchised and 300 Direct manufacturer relations.

Rebound Italy operates from its base in Salerno under the direction of Business Unit Director

Stefan Mason with Regional Manager Marianna Pergamo and Sara Persichetti Senior Account Manager who boast over 10 years in the Industry working from Rebound as well as Business Development Executive Fabiana Giordano and Sales Administrator Margherita D’Ancora.

Rebound will open an office in the Lombardy Region at the beginning of 2018 and is currently recruiting for Business Development positions that will begin in the UK at Rebound’s HQ in order to learn the business and adopt the culture of the group.

Already having an impact is Business Development Executive Gianmarco Retta who joined Rebound at the beginning of the year with extensive International Trading experience including spells in Asia.

Gianmarco was recently able to visit the Salerno office while fulfilling a same day delivery to an Italian customer who was in a line stop situation; delivering parts at 11,00 in the evening direct to the factory. His reputation asa trusted and dependable Account Manager continues to grow. We look forward to exciting times in the Italian market for Rebound and will continue to update the website with further developments.

Dubai Operations Expanding!

pjimageDue to continued rapid expansion of the IPO procurement division we have taken on a second adjoining office within the JBC 1 Building.

We are now utilising a 4000 sq ft facility. Staffing currently at 19, and looking to take on additional 22. We hope to have over 40 staff in place by May covering Procurement for the Group.

New Office Opening In Lyon, France

Rebound Electronics are pleased to announce the opening of a new office in France, based in Lyon the largest city of the Rhône-Alpes region.

The city represents one of the most important economies in Europe and is home to numerous high-tech industries such as; biotechnology, software development, game design, internet services as well as fostering a growing start-up sector.

As one of the only electronic distributors with ISO: 9001:2008, AS9120: RevA (Mil/Aero accreditation), ISO13485 (Medical accreditation) and SC21 Silver Status our customers will now benefit from our extended presence.

Fabienne Michel, Regional Sales Manager who will be heading up the division said “The opening of the new office in Lyon strengthens our position within the French market and allows us to support our growing customer base. We now have the opportunity to promote the group services to new prospects by developing local support in an area with continual economic and cultural growth.”

The Lyon office can be contacted on:

Phone: 003 478 882808

Email: fabienne.michel@reboundeu.com