Number of High Risk Suppliers, Including Counterfeiters, Surges by More than 60 Percent from 2002 to 2011

Dateline City: 
EL SEGUNDO, Calif.

The number of high risk suppliers to the U.S. government, including companies that sold suspect counterfeit product to military and commercial electronics channels, soared by 63 percent from 2002 to 2011. This large and growing trend highlights the need for members of all tiers of the supply chain to implement tighter supplier-monitoring and procurement procedures in order to meet increasingly stringent regulations, according to information and analytics provider IHS (NYSE: IHS).

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