About

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, making the procurement process easier and more efficient. This platform helps clients find competitive pricing and availability, especially during component shortages. Unlike many competitors, Sourceability focuses on digitalization and e-commerce, enabling clients to access a large inventory while maintaining quality assurance. The company's goal is to address supply chain inefficiencies and component shortages, ensuring that businesses in the electronics sector can operate smoothly and effectively.

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 decision-making and reduces supply chain risks.
• Recognition by AspenCore highlights Sourceability's industry leadership and service excellence.

What critics are saying

• Leadership changes may affect strategic direction and company stability.
• Geopolitical tensions in South Korea could impact Sourceability's operations.
• The acquisition by CrowdOut Capital may lead to strategic shifts disrupting operations.

What makes Sourceability unique

• Sourceability's Sourcengine platform connects clients with over 3,000 suppliers globally.
• The Datalynq tool offers unparalleled market intelligence for over 1 billion electronic parts.
• Sourceability's browser extension provides unique supply chain data beyond price and inventory.

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