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Harry Krantz Company LLC
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The National Defense Authorization Act (NDAA) Section 833 includes significant new requirements and restrictions that will affect virtually every contractor that does business with the Department of Defense. At Harry Krantz Company, we have closely reviewed these provisions to assess the potential impact to our customers and have taken the following measurements to meet these new challenges. We have in place “an operational system to detect and avoid counterfeit parts and suspect counterfeit electronic parts that has been reviewed and approved by the Department of Defense."  We have also introduced a pilot program of long-term supply agreement where we price the risk associated with acquiring a product, in advance of the contract. Our goal is to meet our customer’s needs through immediate availability to qualified "authentic product" while minimizing the financial downside of a contract that is not awarded.
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Deemed residual by the DCMA, the Harry Krantz Company has been awarded a residual inventory allotment consisting of Husky and Meerkat mine detection components. These vehicles have been proven highly effective and have been known to help save the lives of many U.S. and allied personnel.  This allocation supports our continued effort to be a leading provider of sustainment for critical legacy programs. 
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Jeff Krantz, HKC CEO, was on the pulse of supply-chain developments at the AIA Supplier Management Council Meeting this week. Strengthening the aerospace and defense industry’s supply base is an extremely important matter. Jeff observed discussions on strategy, policy and regulation. He also had the opportunity to hear Assistant Secretary of Defense Alan Estevez speak to the issue of sequestration as it pertains to the U.S.’s ability to act on crises.
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Staying on the pulse of  trends and new developments is an important part of any business.. Harry Krantz CEO, Jeff Krantz, will be among top-level executives and industry influencers as they discuss strategy, policy and regulation as it pertains to the aerospace and defense supply chain at the upcoming Supplier Management Council Meeting set for July 16-18 in Cleveland, OH.
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Reaching an Optimum Counterfeit Avoidance Strategy
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Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment.
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The Blueprint for Inventory Management for the Future
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Suppliers are companies that have a network of buyers and sellers and are able to get their clients authentic components at an affordable price.

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Electronic component distributors can help manufacturers find and obtain obsolete electronic components.
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