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The Blueprint for Managing Excess Inventory

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Of the significant problems that managing excess inventory can bring upon a business and its supply chain, the impact it has on production capabilities is the greatest and can be far reaching for both financial success and future production capabilities. Addressing these concerns and repairing an inefficient excess inventory strategy requires a blueprint that takes [...]

John Cochran Joins Harry Krantz Company as Director of Quality Assurance

EDGEWOOD, NY – April 16, 2013 –  The Harry Krantz Company, the largest distributor of in-stock military components, is pleased to announce today that John Cochran, a seasoned professional with extensive experience in the engineering and implementation of quality management systems (QMS), has joined the corporation as Director of Quality Assurance. Mr. Cochran will be responsible [...]

Reaching an Optimum Counterfeit Avoidance Strategy

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The aerospace and defense industries have long battled the threat of counterfeit and inauthentic product, but the problem is increasing at a rapid pace. Manufacturers and suppliers in these sectors need more reliable strategies to blunt the risk of counterfeit product for both new and aging programs. As legacy and other mission-critical initiatives mature, new [...]

Harry Krantz Company awarded contract for work on Trident missile launcher program.

Edgewood, NY – April 2, 2013 – Harry Krantz Company, a leading distributor of military electronic components was awarded a contract by the Electronic Systems business unit of the Northrop Grumman Corporation. Under the terms of the contract Harry Krantz Company will provide procurement and kitting services for the launcher system for the Trident II weapons [...]

Managing Supply Chain Uncertainty

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Though supply chain strategies which involve inventory management operations as well as supply chain security focus on specific issues facing the defense industry, with either ongoing or rising threats, the primary concern for supply chain strategies across the defense industry is dealing with, managing, and working through uncertainty. The Uncertainty of Sequestration Sequestration is here [...]

Sequestration, Resources, and Inventory Levels

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The resources necessary for protecting the supply chain at each level are most often in high demand across multiple areas, all facing similar problems, though in their own unique way. Insufficient planning for both short and long-term resource and inventory management can turn the supply chain into a juggling act, bringing severe program failure closer [...]

Overcoming Key Threats to Your Electronic Components Supply

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Counterfeit electronic components has had a great impact on the defense industry, requiring newly thought strategies and ideas to be the force that works to mitigate this threat. A casualty of such actions taken to prevent counterfeit electronic components from entering the supply chain has been the rise of potentially threatening supply chain challenges, each [...]

Protecting Your Inventory Interests Long-Term

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The defense industry can be a chaotic world, but one consistency that must remain constant is the production cycle that governs the coming and going cycles of inventory. Though a consistent production cycle is clearly the idea medium through which to conduct business, disruptions from the industry aspect of the industry can be a frequent [...]

An Announcement Regarding Harry Krantz and Boeing

Harry Krantz Company Wins Award from Boeing for F-15K support Edgewood, NY- Harry Krantz Company, an independent distributor specializing in obsolete and hard to find military electronic components, has been awarded a contract from Chicago based Boeing Company (NYSE: BA) to provide support to their Space, Defense & Security division’s F-15K Strike Fighter. “Providing supply [...]

What Sequestration Means for Supply Chain Sustainability

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Sequestration has arrived and with it comes problems that can significantly and negatively affect the supply chain for the defense industry. Though defense contracts are mostly multi-year arrangements, failing to address sequestration and it’s potential effects could allow long-term problems to be introduced into the supply chain. With 9% (or $50 billion) of the Pentagon’s [...]