Introducing Exepart: Revolutionizing Electronics Supply Chain Management

Overview of the Platform, Its Features, and Addressing Existing Challenges

The global supply chain management systems have undergone unprecedented changes since the onset of the COVID-19 pandemic. While challenges existed long before, the pandemic exposed hidden vulnerabilities within the system. A significant increase in counterfeit products highlighted the need for effective mediators to mitigate such risks. Exepart, an innovative solution implementer, was founded to address the overwhelming problems associated with “immediately available” stock management.

Exepart's Unique Solutions

Exepart stands out as a closed sales platform specifically designed for industrial manufacturers and trusted brokers to list their in-stock products. The platform requires submission of company documentation to validate legitimacy of businesses, on top of product authenticity and purchase flow traceability, creating a secure trading environment. Recognizing that not all parties conduct the same QC standards, Exepart offers compulsory testing for every transaction to ensure authenticity. In collaboration with AS6081-certified White Horse Laboratories, Exepart aims to reduce the risk of buying or selling counterfeit products, providing services with confidence in as a part of the supply chain system.

Registration and Stock Management at Exepart

Manufacturers and trusted brokers interested in leveraging Exepart's services begin by registering on the platform. The registration process involves completing a form and submitting company documentation, which will be reviewed in-depth by the Exepart team for approval or rejection. Exepart does require an extra document from industry manufacturers to prove their non-broker status and ensure their focus on manufacturing.

Upon approval as members, participants can engage as either buyers or sellers, depending on their purchasing and sales needs.

Broker companies who want to turn their excess stock into cash can easily register multiple items through Excel file management tool. Industry manufacturers can submit their excel file either through Excel file management tool or by contacting admin@exepart.com. Then Exepart team will rigorously check and provide support to uploading of products.

Once released, these products are listed on the platform and available for other members to browse and inquire from the seller on a global scale.

How Manufacturers Can Benefit from Exepart

Industry manufacturers can display their excess stocks to a global audience while keeping their company information confidential. This can be very beneficial to turn excess stocks into cash as all items have a shelf life, their value reduces over time, and stocking conditions may create extra costs on top of the cost of product itself.

While purchasing, authenticity testing is conducted for all orders ensuring manufacturers receive the right products. They are protected with full reimbursement if the components are not authenticated.

Most manufacturers have a group of suppliers that they frequently work with, yet sometimes adding new suppliers are beneficial in terms of pricing. During Covid-19 pandemic, it was often the case that a product could not be found in regular supplier, and manufacturers had to make risky decisions to supply their needs. Even in extreme cases like a post-pandemic crisis, manufacturers now have an alternative database to search their needs, execute safe purchases through the platform from new brokers, or find what is not in the market from the excess stock of fellow manufacturers. All these features are accessible without the annual membership fee as long as the company proves they do not conduct brokerage operations.

How Brokers Can Benefit from Exepart

The biggest nightmare of brokers is mitigated at Exepart Platform. As long as their parts are reported authentic by the laboratory, their sales are non-cancellable and non-returnable. Safe purchasing is a key aspect for brokers as Exepart allows them to expand their source of supply under the security of authentication, leading to higher customer satisfaction.

Moreover, brokers have the possibility to build a name and network on Exepart platform as their names are displayed. Thanks to Exepart’s premium badge system, they can stand out from other brokers, make their brand visible to a global customer base and even use their performance statistics to boost their sales outside of the platform.

Confidentiality and Negotiation

Privacy needs vary for different actors on Exepart. For industry manufacturers, it is crucial that their company names are not exposed due to risks related to market share and competitor strategies. Therefore, their names are kept confidential at all times, and the stocks they list are never linked to their company. In contrast, broker names are displayed for visibility purposes, and they are awarded badges that highlight their performance within Exepart’s controlled ecosystem.

Ensuring Authenticity

Authenticity plays a critical role at Exepart and allows it to stand out in comparison to other platforms. Upon receiving a positive test result, the buyer obtains the products, and the seller receives their payment accordingly. However, if a test result is unfavorable, the seller can choose to either dispose of the products or reclaim them. Buyers are guaranteed full reimbursement regardless of the seller’s actions after a bad test result, underscoring Exepart's dedication to accountability and fairness.