With 177,232 stocked line items, Cyclops Electronics has positioned itself as one of the UK’s leading independent electronic component stocking distributors.
As Tony Hunt, Cyclops’ Director of Sales, explains, Electronica gives you the perfect opportunity to find out more about the UK-based company.
“I’m sure is hasn’t slipped your attention that Electronica, the biennial trade fair for the electronics industry, is taking place in Munich next month and it looks set to be the biggest and best yet.
In order to incorporate new features, such as the Fast Forward Start-Up platform, and accommodate the unprecedented demand from exhibitors, this year’s iteration will see the addition of a thirteenth hall which will boost exhibition space to a staggering 143,000 square metres. Over the course of the near week-long event, over 70,000 people are expected to head through the turnstiles, giving distributors, CEMs and OEMs a brilliant opportunity to create new working relationships with companies such as ourselves.
When Cyclops started life in 1990, the company initially specialised in sourcing and the supply of obsolete and hard-to-find electronic components from a single location in Glasgow, Scotland. However, as our customers expanded and provided opportunities for us to grow, we started to branch out into other aspects of component distribution. A move to the picturesque city of York followed in 1993 and a year later we branched out to North America.
Today, after over twenty-five years in the electronics industry, Cyclops now has offices in eight different countries, a turnover in excess of €40m, can offer businesses day-to-day and scheduled ordering services and provides both excess inventory and supply chain management solutions.
Recently, we have focused on developing our stockholding facilities and increasing our own stock of electronic components by creating relationships with some of the world’s largest manufacturers, OEMs and CEMs. Over the past few years, our inventories have expanded which have allowed us to offer a wider range of components than before that are all available to be shipped the same day.
The current number of stocked line items that we hold is 177,232, an impressive amount that has just been bolstered by the acquisition of over £4m-worth of brand new Fairchild components. Thanks to this purchase, direct from the manufacturer, our portfolio has exponentially grown and due to the variety of the parts, we are in a fantastic position to serve the needs of a highly competitive global market.
As well as stocking and distributing components, Cyclops Electronics also offers businesses of all shapes and sizes excess inventory solutions.
Excess is an issue that every manufacturer (be they a component manufacturer or an OEM) has to contend with at some point, and it can arise from a variety of situations. Cyclops Electronics has its very own internal excess inventory specialists that can help your business to monetise unwanted stock, be it a single line or a warehouse full of electronic components.
Given that the electronics industry is one of the most volatile sectors, if you need to offload an excess list then it is important to pick the right partner to work with going forwards. Our excess inventory team have been at the forefront of the market for eighteen years and have provided hundreds of customers with solutions to their inventory problems.
If you are coming to Electronica, please drop off a list of your inventory and we will appraise it for you free of charge. From there, we will then be able to offer you a number of options that can provide a positive injection of money into your business, free up crucial warehouse space and reduce your costs associated with stockholding management.
Thanks to the expertise of our staff and Cyclops’ comprehensive component search engine, we are able to secure a return for your surplus stock, bringing money in for parts that otherwise would have been set for disposal.
Our presence in key strategic markets, such as North America, Asia-Pacific and Central Europe, as well as domestically in the United Kingdom, puts us in an advantageous position when it comes to the sourcing, purchasing and distribution of electronic components.
So, whether you require an urgent delivery of some obsolete parts, need to set up a scheduling service for a long-term production run or are suffering from an excess inventory problem, just remember Cyclops Electronics can help.
I look forward to welcoming clients and partners both old and new to our stand (Hall A5, Stand 179) at Electronica 2016.
If you would like to book an appointment in advance of the event, or would like to receive some more information about the Cyclops’ services, either email firstname.lastname@example.org or phone our main office on +44 (0)1904 415415.”