Since its founding in 1992, Rand has transformed from a traditional parts dealer into a leading global electronic component sourcing and supply chain solutions company.
Growth of Electronic Manufacturing Services (EMS)
1990
Rand Establishes HQ Office in Irvine, CA
1990
Emerges to capitalize on fragmented industry
1992
Supply chain build out in China; first international sales
1993
First ISO-certified independent distributor
1994
Begins In-House Testing of Peripherals
1996
Established Industry Standard Engineering Checklist
1996
Begins 2nd Sourcing/Alternatves
1997
Sets precedent for Global Contracts - Introduces Volume Purchase Agreements (VPAs)
1998
Obtains ERAI membership
1999
Worldwide quality validation
1999
Dotcom Crash, Recovery, and China
2000
Launches Biznet, a proprietary data-matching software system
2000
Joins the Women's Business Enterprise National Council (WBENC)
2001
Targets European Market - Opens Office in the UK
2001
Strategically hires Regional Commodity Specialists
2001
Impliments the Market Incentive Program (MIP) the first ""PPV Program"""
2001
Partners with Tier 1 OEM
2003
Creates Data Matching Software Tool
2003
Signs agreement Telecom/IT OEM
2005
Establishes Asian HQ in Hong Kong
2007
Expands its geographic footprint, opening offices in Hungary, Singapore, Shenzen, and Guadalajara, Mexico
2008
Adds Global Test Capabilities
2008
Global Recession: OEMs venture into emerging markets
2008
Electronic Data Records
2009
Golden Parts Reference Library
2009
ODMs
2010
Moves European office to Hungary
2010
Overbundance of inventory (memory/hard drives/CPUs)
2012
Opens ITAD facility
2014
ITAD facility earns R2 Certification
2015
Transformer model leads to explosion of data & computing power: Cloud infrastructure, GPUs, and big data matured allowing for birth of AI
2016
AI / Autonomous Industry Explosion
2017
IDEA Membership
2018
ITAD expands service options
2018
Obtains IDEA membership
2018
Becomes certified in ISO 9001:2015, ANSI ESD S20.20, and IDEA-QMS-9090-B — Quality Management Systems
2018
ISO 9001:2015
2018
ISO 14001:2015
2018
ANSI/ESD S20.20-2014
2018
IDEA QMS 9090
2018
Hardware Revolution & Global Trade War
2019
Adds Board of Directors
2019
Secured an IDEA-ICE-3000 inspector certification
2019
Renaissance of hardware technology
2020
Addition of Dr. Miroslav Maramica, PhD-Introduction of Technical Engineering
2021
Extends it Test Capabilities
2022
Generative AI Boom: Launch of ChatGPT
2022
Certified in AS6081:2012 — Counterfeit Electronic Parts
2022
Moves European HQ to Amsterdam
2023
Expands its geographic footprint opening offices in Canada, India, and Korea
2023
Certified in AS9120:2016 — Aerospace Management Standard
2024
Opening of our Singapore office
2024
