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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, 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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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