126-0 Record. Velocity has passed 126 of 126 audits over the last 3 years, resulting in preferred status since the Congressional hearings on Counterfeit Electronics Parts in the DOD's supply chain.
Velocity has processed over one billion components with zero quality conformance issues.
Velocity has more IDCs and has committed more resources in more locations offering local and regional support and faster delivery to our global customers.
Velocity has been hand-picked as a preferred and trusted supply chain partner across all major verticals including: Aerospace & Defense, Transportation, Energy, Medical, Industrial, Environmental, Infrastructure and Consumer.
Velocity is able to increase qualified customer payment terms by 32 days over the industry standard resulting an estimated 1.1% reduced total cost of procurement.
Velocity will schedule inventory shipments for qualified customers over 12 months, resulting in lower TCO.
Corporate cost of poor quality losses account for an estimated $3.5 trillion each year worldwide. Velocity saves its customers an estimated 7% by reducing their component related COPQ through our rigorous supplier and inspection processes and seizure of non-conforming materials.
Velocity has protected over 2,000 end customers from non-conforming product in addition to protecting the integrity of over 500 OCM brands.
Prevention and Protection: Velocity’s real time supplier rating system combined with our industry leading inspection and counterfeit avoidance protocols provide superior quality conformance.
Selected and authorized to support all major market segments, Velocity has the commodity and sourcing experts required to deliver to the world’s most demanding customers.
Velocity responds to our customer’s challenges by leveraging our people, processes and protocols to match each customer’s specific business needs.
Velocity is the industry leader in practicing what is right to do instead of what you have a right to do. Customers trust our ability to
secure their supply chain, and this trust forges relationships other currencies cannot buy.
From sustainability to the classroom, Velocity’s comprehensive excess & obsolete inventory solutions deliver the highest rate of return for our customer’s material disposition challenges.
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