(PRWEB) June 27, 2014
Stanford Magnets, the chief magnet manufacture introduced a service to enhance the supply chain of magnets. This service named ‘Blanket Order Plan’ will allow customers to pre-order rare earths such as neodymium magnets, samarium cobalt magnets and alnico magnets. The service has been introduced in response to the supply shortage of neodymium magnets in recent years, and is expected to enhance the purchasing process by reducing the cost and time endured by the customer.
Rita Wang, magnet specialist from Stanford Magnets said, “We have noted with great concern the number of hi-tech industries that are becoming increasingly reliant on rare-earth magnets, and the fears of a substantial shortage is real - considering we are at China’s mercy, the dominant exporter of these rare earths. This Blanket Order Service is expected to moderate the effects of supply and demand fluctuations. A sustainable market benefits everyone, thus we have stockpiled our magnets and are ready to deliver.”
The recent popularity of smart phones and other hi-tech marvels has seen a sharp demand for neodymium magnets and other rare earths in recent years. The Blanket Order Plan will directly address this issue by allowing customers to place an order in advance, thereby securing a steady and stable supply of magnets at their request.
Neodymium magnets are a permanent magnet made from an alloy of neodymium, iron and boron to form the Nd2Fe14B tetragonal crystalline structure. Their application is wide and varied, and can be found in several industries and devices ranging from renewable energy, to MRI to high-technological devices.
About Stanford Magnets
Stanford Magnets has been involved in the R&D, manufacturing and sales of permanent magnets since the mid-1980s. The company supplies rare earth permanent magnetic products such as neodymium magnets, samarium cobalt magnets and various non-rare earth permanent magnets. The company provides rare earth magnets to various customers in different fields, such as Nuclear Magnetic Resonance (NMR), loud speakers, wind turbines and mechanical devices. For further information, please visit Stanford Magnet’s website at: http://www.stanfordmagnets.com.
Eiman Elkhalifa, PR Manager
360 Goddard Irvine, CA 92618 U.S.A.
Office: +1 949 4078902
Fax: +1 949 8126690
Times of availability: 8:30 - 17:30 (Monday-Friday)