TTI Whitepaper: Value Added Services (VAS): Faster, Simpler and More Flexible
The electronics industry is dealing with component shortages, rising costs, and long-running disruptions due to COVID-19. Despite this, growth rates are strong, and demand for technology products continues to rise. For example, worldwide connector sales in Q3 2021 were up 20 per cent year-on-year, at more than $20 billion1 .
Time to market is a constant pressure – and manufacturers of circular connectors face some challenges here. To stay competitive, they must make sure their products are designed, built, and distributed as fast as possible and in economical quantities. At the same time, they must control costs while maintaining quality and offer quick solutions to customers across a broad geography. Once the product is designed and in production this is where circular connector manufacturers consider value added services and connector assembly via distributors such as TTI to provide solutions for the challenges mentioned.