Distribution Milestones…
In the month that accredited independent distributor of EEE components Princeps turns 18, managing director Dan Hughes talks us through some recent milestones for the company
Princeps turns 18!
18 years ago, in 2006, I founded Princeps – driven by a desire to improve the service levels offered by the EEE component supply chain. The company was born from my fundamental belief that there must a better way to do distribution in the electronics industry. After observing a lack of service from some broadline distributors, poor quality parts sourcing from brokers and a disregard for customer communication that characterised the industry, I took a leap of faith in 2006 to found Princeps, building the company on the foundations of quality, service and flexibility – underpinned by communication. For nearly two decades now, we have followed that blueprint, growing our business by serving customers. Princeps simplifies the secure sourcing and supply of traceable electronic, electrical and electromechanical (EEE) components – including hard-to-find and obsolete parts – for hi-rel (high reliability) applications in advanced industry sectors including aerospace & defence, mass transit, medical and industrial. The company’s vision is to be the go-to expert and trusted strategic supply chain partner UK manufacturers turn to when they need help solving challenging EEE component supply problems. Our demanding customers love our tenacity, our transparent and proactive communication, and our total commitment to quality and service. Princeps holds both AS9120 and AS6081 accreditations (with extensive in-house inspection and testing capabilities) and is the trusted single-source supplier of parts from thousands of global manufacturers, offering assured counterfeit mitigation and obsolescence management, as well as kitting services, vendor tail management and problem-solving of complex and challenging supply chain issues. Unrestricted in its access to manufacturers and product ranges through our worldwide network of thousands of manufacturer-authorised sources, Princeps combines flexibility and best-pricing with traceability. And when traceable parts are not an option – either because they’re obsolete,
50 July/August 2024
Princeps team’s dedication to rigorous inspection protocols, robust supplier partnerships and continuous improvement initiatives has enabled the company to maintain an impeccable track record, safeguarding customers from the risks associated with counterfeit products. We’re immensely proud of this milestone achievement, which reflects the collective effort of every individual within our organisation. It’s testament to our culture of excellence, integrity and relentless pursuit of quality in everything we do. But even as we celebrate this achievement, we also renew our pledge to uphold the highest standards of professionalism and reliability in serving our valued customers and partners worldwide.
unavailable or on long lead times – Princeps can provide a range of risk mitigated options for sourcing, testing and supplying open market parts.
Passing our 10th AS6081 audit I’m proud to announce that Princeps successfully passed our 10th AS6081 audit last month in July 2024 – maintaining a long chain of success all the way back to 2016 and the Stage 1 and 2 Assessments. AS6081 is a rigorous aerospace standard that establishes requirements and best practices for distributors to mitigate the risk of buying, receiving and selling fraudulent or counterfeit parts, therefore giving customers confidence in their own supply chain. Holding this prestigious accreditation since 2016, the knowledge, skill and experience gained since then ensures we remain at the leading edge of the fight against counterfeit components.
The AS6081 accreditation is a testament to our dedication to mitigating counterfeit electronic components and assuring the
Components in Electronics
highest standards of supply chain security. This accomplishment reflects the relentless hard work and meticulous attention to detail from our entire team and underscores the unwavering commitment to quality, service and communication that drives everything we do.
Over 50 million electronic components shipped with zero suspect counterfeit parts! It’s this expertise and commitment that drove an incredible and significant milestone achievement this year: Princeps has now successfully shipped over 50 million electronic components without a single suspect counterfeit device slipping through its stringent quality control measures! Since 2006, Princeps has upheld the highest industry standards, holding AS6081 certification for 8 years and AS9120 certification for 12 years. This accomplishment underscores the company’s unwavering commitment to reliability, authenticity and customer satisfaction. The
Princeps belongs to a global elite of EEE component distributors that hold both AS9120 and AS6081 accreditations for industry-leading quality assurance. Both standards require a multi-stage certification process, followed by periodic surveillance audits to ensure compliance is maintained throughout the three-year certification cycle.
Together, these AS9120 and AS6081 certifications provide a robust best practice framework of risk management for specialist independent distributors operating in the aerospace, defence and security sectors. AS9120, the aviation industry’s quality management standard for distributors, ensures compliance with stringent regulations and satisfies customer flow downs (including AS5553), while AS6081 focuses specifically on counterfeit avoidance. By adhering to these standards, distributors can establish and demonstrate effective quality control measures, helping customers assure product safety, efficiency and reliability by guaranteeing that the components sourced from them are genuine, as well as guarding against the infiltration of fraudulent, counterfeit or substandard parts into the aerospace and defence supply chain.
https://www.princeps.co.uk/ www.cieonline.co.uk.uk
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