Abstract: An improved surface mount component dispensing system including a dispenser and a package/display box. The dispenser is formed as a spool having an outer diameter of about four inches so that a small amount of tape carrying quantities of surface mounted components can be packaged. The package/display box includes a circular front window sized to expose an information label on the dispenser in any rotational orientation of the dispenser. The box further includes a punch-out manual assembly dispensing slot in one end wall.