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About Sourceability
Industries
Industrial & Manufacturing
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Doral, Florida
Founded
2015
Overview
Sourceability provides digital supply chain solutions specifically for the electronics industry. Its main product, Sourcengine, allows businesses to upload a Bill of Materials (BOM) and receive quotes from over 3,000 suppliers globally, simplifying the procurement process and ensuring competitive pricing, especially during component shortages. Unlike many competitors, Sourceability focuses on digitalization and e-commerce, enabling clients to access a vast inventory while maintaining quality assurance. The company's goal is to address supply chain inefficiencies and component shortages, making it easier for Original Equipment Manufacturers (OEMs) and other businesses in the electronics sector to source the components they need.
Simplify's Take
What believers are saying
- Sourceability's expansion into South Korea enhances its presence in the Asian market.
- The partnership with Cadence improves supply chain risk management for design engineers.
- Recognition as 'Outstanding Independent Distributor' boosts Sourceability's industry credibility.
What critics are saying
- Geopolitical tensions in South Korea may disrupt Sourceability's operations.
- Leadership changes could affect Sourceability's strategic direction and operational efficiency.
- Technical challenges may delay the adoption of Datalynq's integration with Cadence.
What makes Sourceability unique
- Sourceability's Sourcengine platform connects clients with over 3,000 suppliers globally.
- Datalynq provides real-time market intelligence for over 1 billion electronic components.
- Sourceability offers a unique browser extension for comprehensive market insights on electronic components.
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Benefits
Remote Work Options
Flexible Work Hours
Performance Bonus
Company News
Alongside this action, Sourceability is expanding globally in Asia; in late 2023, the company launched a facility in South Korea, a press release reads.
Sourceability has also added to its talent pool with the recent appointment of Alon Balash as Senior Vice President of Revenue.
Back in January 2023, Austin-based investment firm CrowdOut Capital acquired Sourceability from Zollner Elektronik AG in a management-led buyout.
MIAMI, Nov. 7, 2023 /PRNewswire/ -- Sourceability, a global digital distributor of electronic components and supply chain service provider, announces today it has been awarded "Outstanding Independent Distributor" and "Outstanding Supply Chain Service Provider" by AspenCore's Electronic Component Distributor Awards program at IIC Shenzhen 2023.
Miami, Florida - November 7, 2023 - Sourceability, a global digital distributor of electronic components and supply chain service provider, announces today it has been awarded "Outstanding Independent Distributor" and "Outstanding Supply Chain Service Provider" by AspenCore's Electronic Component Distributor Awards program at IIC Shenzhen 2023.
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About Sourceability
Industries
Industrial & Manufacturing
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Doral, Florida
Founded
2015
Sourceability is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today