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Title:

ERAI Risk Mitigation Tools to Address Today’s Complex Global Marketplace

Author:

Mark Snider Founder and President ERAI, Inc. Telephone: (239) 261-6268 Email: mark@erai.com

Abstract:

While the counterfeiting of everyday items such as perfume, watches, golf clubs and handbags has become commonplace over the years, the problem of counterfeiting has not been perceived as potentially catastrophic. Unfortunately, counterfeiting has expanded to include integrated circuits, causing a serious concern to companies in the aerospace, defense, medical and nuclear industries. While the counterfeiting of everyday items results in infringements of trademarks and/or intellectual property, the counterfeiting of electronic components used in mission-critical equipment can endanger lives. This presentation will provide an overview of counterfeit and substandard parts throughout the global hi-tech supply chain and will illustrate the services developed by ERAI, Inc. to help reduce exposure through easy to implement risk mitigation tools.

Biography:

Mark Snider’s background in the electronics industry dates back to the early nineties as the Founder and President of a small independent distribution company called Pilgrim Components located in Plymouth, Massachusetts. By 1995, Mark founded ERAI which, until recently, was more commonly referred to as the Electronic Resellers Association International Inc. What started as a very small group of companies sharing data to protect each other from losses resulting from fraudulent activities has since grown into the world’s most complete and comprehensive resource for industry related risk mitigation tools. Today, ERAI continues to provide services to many of the same companies the helped form the original ERAI as well as prominent Fortune 500 companies.

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