Velocity Electronics is a global electronic components distributor and supply chain partner specializing in providing integrated solutions to address component shortages, cost-saving opportunities, material inspection, excess material mitigation services, and environmental compliance. Established in 1999, the company prides itself on fostering partnerships rather than mere transactions, emphasizing its global reach, regional sourcing capabilities, and local expertise to deliver customized solutions. With a focus on quality, responsiveness, and market expertise, Velocity offers rigorous quality assurance protocols and certifications to ensure a seamless experience for its clients. By partnering with Velocity Electronics, contract manufacturers and OEMs can benefit from a range of services including third-party procurement management, warehousing, and logistics programs designed to reduce costs, increase inventory turns, and improve cash-to-cash cycle times. The company aims to eliminate the high costs associated with supply chain disruptions, enabling clients to optimize their operations and enhance efficiency. Although specific details about the company's industries and headquarters are not provided, its commitment to providing tailored supply chain solutions and ensuring quality and reliability is evident in its operations. As of now, there is no publicly available information about the company's recent investment or the involved investors. However, with its extensive experience and focus on addressing critical supply chain challenges, Velocity Electronics positions itself as a strategic partner for organizations seeking comprehensive electronic component distribution and supply chain management solutions.
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