Electronic Parts Counterfeiting: What Is It, How Bad Is It- and Why Should We Care?

ABOUT THE MEETING:

Counterfeit parts frequently create the potential for product malfunction, leading to personal injury and even death — a situation that has created unnecessary danger for military and everyday consumers, plus immense new levels of liability and risk for manufacturers in a wide range of industries. The proliferation of counterfeit electronic parts into the manufacturing supply chain costs the U.S. government and its contractors billions of dollars per year.  But the problem is not just limited to those who supply government agencies. Recent reports show consumer and industrial businesses are losing approximately $250 billion each year because of counterfeit components.  Richard Smith, VP Business Development at ERAI, will present on this problem, its sources and trends, and means to detect and thwart.

The presentation for this meeting will be remotely delivered through a live WebEx link.

ABOUT THE PRESENTER:

Founded in 1995, ERAI (www.erai.com) is a global information services organization that monitors, investigates, and reports issues affecting the global electronics supply chain. Richard Smith has been VP of Business Development at ERAI for 3 years.  For 35 years prior, he was an electronic component salesman, sales manager and international VP, and has opened and operated sales offices and distribution centers in Mexico, Malaysia, China and India.  He has visited customers and suppliers in 24 countries and more than 360 cities, and has sold components for distributors, brokers and manufacturer’s representatives.  During his career, he has been on just about every side of the counterfeit issue (except as violator), and is prepared to share his unique insights into what is proving to be a very significant and problematic issue for industries worldwide.  Currently residing in Naples, FL and married 33 yrs, he has 4 children, 6 grandchildren, and 2 Harleys.  He is a pretty serious jazz/classical guitar player, and collects pre-1960 mechanical watches.

MENU SELECTIONS:

Buffet Menu:  Raffel’s Signature Hot Sliced Roast Beef in Gravy, Chicken Marsala, Eggplant Parmesan, Wild Rice Pilaf, Green Beans Almondine, Steamed Peas, Tossed Salad, Dinner Rolls & Butter

LOCATION:  Raffel’s is located at 10160 Reading Road, south of Glendale-Milford Road on the east side of Reading. Take I-75 to the Glendale-Milford Rd. Exit, go east on Glendale-Milford Road approximately ¾ of a mile to Reading Rd. and turn right on Reading.

RESERVATIONS: https://ieeecincinnati.org/meetings/. Please click on the appropriate link and complete the reservation.  (Note:  Meeting list on webpage is slow to load on some browsers)

Reservations close at midnight on Sunday March 19, 2017. DINNER RESERVATION CANCELLATION POLICY An email to Reservations@ieeecincinnati.org prior to the close of reservations is required to properly cancel your reservation.

All Reservations must be made by midnight, Sunday March 19, 2017

WALK-INS (those without reservations): You are welcome to attend this meeting and/or enjoy the dinner even if you did not register in advance. Walk-ins pay a higher $15 dinner fee. Raffel’s determines our cost based on the number of plates used; if you choose to have dinner, please pay the fee if you eat even if you arrive late or didn’t pre-register.

PE CREDITS: Depending on the subject matter, attendance at IEEE Cincinnati Section Meetings now qualifies the attendee for Professional Development Hours towards renewal of Professional Engineers Licenses. Required documentation will be available following the meeting if qualified!  The Section Meetings also provide a great opportunity to network with fellow engineers in the area.