Charlotte, NC – March 04,2025(USANews.com) – 1Source, a leading provider of supply chain solutions, is expanding its product offerings to include a broader range of fasteners, hardware, relays, switches, and connectors. This strategic move aligns with evolving industry demands as manufacturers seek alternative components to manage supply chain disruptions.
The semiconductor sector continues to experience a slowdown in sales, with market surpluses persisting for a second consecutive year. At the same time, demand for fasteners and hardware has increased, reflecting shifts in manufacturing needs. Industry-wide supply constraints, coupled with inflationary pressures and potential new tariffs, have made it more critical for businesses to secure diverse sourcing options.
"We recognize that manufacturers are adapting to changing market conditions, and we are committed to evolving with them," said Rick Lodato, President of 1Source. "By expanding our offerings to include essential hardware components, we aim to provide flexible, cost-effective solutions that help businesses maintain efficiency and continuity in production."
1Source’s expanded product portfolio will provide manufacturers with additional sourcing options, helping to mitigate risks associated with fluctuating semiconductor availability. By diversifying inventory, the company seeks to support businesses facing supply chain uncertainties while maintaining a commitment to quality and reliability.
As inflation and trade policy shifts continue to impact global supply chains, 1Source remains focused on transparency and communication, keeping clients informed about market trends and pricing developments.
For more information about 1Source's expanded offerings, please visit https://www.1sourcecomponents.com.
About 1Source
1Source is a provider of supply chain solutions specializing in electronic components, fasteners, and hardware for manufacturers across multiple industries. Committed to quality and customer service, 1Source helps businesses navigate an evolving market with reliable sourcing solutions.
Contact:
Rick Lodato
President, 1Source Components
984-234-5366
[email protected]