Sourcing

Sourceability® Named "Outstanding Independent Distributor" and "Outstanding Supply Chain Service Provider" by AspenCore

Retrieved on: 
Tuesday, November 7, 2023

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.

Key Points: 
  • 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.
  • This marks the fourth year in a row that Sourceability has received a distinction from AspenCore.
  • "We remain committed to developing world-class products and services to help digitally transform the electronic component supply chain."
  • Winners were selected by a committee comprised of AspenCore's global senior industry analysts and online users from Asia, the US and Europe.

Sourceability® and Cadence Partner to Provide Design Engineers with Unparalleled Electronic Component Market Intelligence

Retrieved on: 
Tuesday, October 17, 2023

MIAMI, Oct. 17, 2023 /PRNewswire/ -- Sourceability, a global distributor of electronic components and supply chain service provider, today announced a strategic partnership with Cadence Design Systems, Inc. Under the agreement, Sourceability's market intelligence tool, Datalynq™, will be integrated into the Cadence® OrCAD® X Platform, giving design engineers visibility into market intelligence scores for electronic components to assess and reduce design risk, as well as mitigating other supply chain risks, which will help companies make better commercial decisions.

Key Points: 
  • Under the agreement, Sourceability's market intelligence tool, Datalynq™ , will be integrated into the Cadence® OrCAD® X Platform, giving design engineers visibility into market intelligence scores for electronic components to assess and reduce design risk, as well as mitigating other supply chain risks, which will help companies make better commercial decisions.
  • Through the integration, Cadence customers have direct access to Datalynq's functionality from within the OrCAD X platform.
  • Datalynq is the industry's premier source for market intelligence and analytics for potentially over 1 billion parts, helping engineers de-risk the commercial aspects of their bill of materials.
  • The tool provides information on design risk, market availability trends and whether a component can be easily substituted, among other key features.

Sourceability® Launches Sourcengine™ Browser Extension to Provide Marketplace Insights on Electronic Components

Retrieved on: 
Tuesday, September 19, 2023

MIAMI, Sept. 19, 2023 /PRNewswire/ -- Sourceability , a global distributor of electronic components and supply chain service provider, today announced the launch of its Sourcengine Browser Extension .

Key Points: 
  • MIAMI, Sept. 19, 2023 /PRNewswire/ -- Sourceability , a global distributor of electronic components and supply chain service provider, today announced the launch of its Sourcengine Browser Extension .
  • Using the Browser Extension, users can see Sourcengine's electronic component global marketplace accessing 3,500+ suppliers while visiting any electronics websites to compare prices, providing them with a comprehensive view of the market.
  • The browser extension helps to reduce the time that procurement professionals spend finding electronic components to build their latest product.
  • The browser extension combines the analytical power of Sourceability's Datalynq ™ tool with insights from Sourcengine's extensive global inventory.

ABC Fine Wine & Spirits Celebrates New Store Opening in North Cape Coral with Chance to Win $250 Shopping Spree

Retrieved on: 
Monday, September 11, 2023

CAPE CORAL, Fla., Sept. 11, 2023 /PRNewswire/ -- ABC Fine Wine & Spirits (ABC), Florida's largest family-owned and operated wine and spirits retailer, will open its second Cape Coral, Florida store Wednesday, September 13, 2023, and celebrate the occasion with a big giveaway. The store is located at 1513 Pine Island Road in Cape Coral.

Key Points: 
  • CAPE CORAL, Fla., Sept. 11, 2023 /PRNewswire/ -- ABC Fine Wine & Spirits (ABC) , Florida's largest family-owned and operated wine and spirits retailer, will open its second Cape Coral, Florida store Wednesday, September 13, 2023, and celebrate the occasion with a big giveaway.
  • The store is located at 1513 Pine Island Road in Cape Coral.
  • "This store will have the same great service our guests experience all over the state and an even larger selection.
  • ABC has 125 locations in Florida, which typically carry more than 10,000 different wines, spirits, beers, cigars and accessories.

Sourceability® Expands Global Presence and Appoints New Chief Financial Officer

Retrieved on: 
Tuesday, August 22, 2023

MIAMI, Aug. 22, 2023 /PRNewswire/ -- Sourceability, a global distributor of electronic components and supply chain service provider, today announced its latest global expansion plans, signaling steady growth under a newly appointed Chief Financial Officer. Amid volatile fluctuations in supply and demand for electronic components worldwide, the company will open its fourth global distribution warehouse in Budapest, Hungary this summer to shorten supply chains and support manufacturing customers in the European Union (EU) region.

Key Points: 
  • MIAMI, Aug. 22, 2023 /PRNewswire/ -- Sourceability , a global distributor of electronic components and supply chain service provider, today announced its latest global expansion plans, signaling steady growth under a newly appointed Chief Financial Officer.
  • As a hub for storage, logistics and inspection, the addition of the Hungary warehouse is expected to have a global impact – relieving strain on supply chains supported by pre-existing distribution centers in Asia and North America.
  • It will also allow the company to shorten lead times and simplify customs processes for customers shipping within the EU.
  • In addition to the new regional warehouse, Sourceability has welcomed Karl Pichler as the company's new Chief Financial Officer.

Sourceability® Named on Inc. 5000 List of Fastest Growing Companies for Second Consecutive Year

Retrieved on: 
Tuesday, August 15, 2023

This list is the most prestigious ranking of the nation's fastest-growing private companies, and marks the second year in a row that the company has been named on the list.

Key Points: 
  • This list is the most prestigious ranking of the nation's fastest-growing private companies, and marks the second year in a row that the company has been named on the list.
  • "We are thrilled to be named on the Inc. 5000 list for the second consecutive year.
  • This recognition is an example of the hard work that our employees have dedicated to innovation," said Jens Gamperl, founder and CEO of Sourceability.
  • The list of all 5,000 honorees, including company profiles, can be found at www.inc.com/inc5000 .

Scoutbee Recognized Across Three Categories in 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions

Retrieved on: 
Thursday, August 3, 2023

Scoutbee , the leading AI-powered supplier intelligence and discovery platform, today announced that it has been recognized as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2023.

Key Points: 
  • Scoutbee , the leading AI-powered supplier intelligence and discovery platform, today announced that it has been recognized as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2023.
  • The technology provider is included in three categories: Supplier Discovery, Supplier Diversity and Supplier Information Management.
  • “We’re thrilled to be named by Gartner as a Sample Vendor in these three categories.
  • Gartner Disclaimer: Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2023, Kaitlynn Sommers, Micky Keck, Lynne Phelan, Naveen Mahendra, Cian Curtin, Chaithanya Paradarami, 19 July 2023.

Exiger Recognized in 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions in Supplier Risk Management Category

Retrieved on: 
Thursday, August 3, 2023

WASHINGTON, Aug. 3, 2023 /PRNewswire/ -- Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it was identified as a Sample Vendor under the Supplier Risk Management category of the 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions.

Key Points: 
  • WASHINGTON, Aug. 3, 2023 /PRNewswire/ -- Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it was identified as a Sample Vendor under the Supplier Risk Management category of the 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions .
  • "Exiger is honored to be recognized by Gartner® as a Sample Vendor for supplier risk management."
  • This year's Hype Cycle™ for Procurement and Sourcing Solutions follows the evolution of supplier risk management, categorizing the benefit rating as "high" and adoption maturity as "adolescent."
  • Click for complimentary access to the Gartner® Hype Cycle™ for Procurement and Sourcing Solutions 2023 , courtesy of Exiger.

Walmart Collaborates with Rubi to Pilot Innovative Carbon Capture & Conversion Technology

Retrieved on: 
Thursday, July 27, 2023

SAN LEANDRO, Calif. and BENTONVILLE, Ark., July 27, 2023 /PRNewswire-PRWeb/ -- Rubi, the company creating a new way of manufacturing that exists in harmony with the planet, today announced a series of pilot projects in collaboration with Walmart (NYSE: WMT), the world's leading omnichannel retailer, designed to explore the integration of innovative carbon capture technology that could ultimately disrupt supply chains and deliver affordable apparel and other products made from carbon emissions for Walmart customers.

Key Points: 
  • Together, Rubi and Walmart will explore the use of Rubi's patent-pending on-site reactor technology in pilot projects integrating the CO2 capture and utilization technology among Walmart's sourcing and manufacturing collaborators' infrastructure.
  • The output of those projects will be leveraged to produce a prototype apparel collection using Rubi's fabric made from carbon emissions.
  • "Walmart's collaboration with Rubi could reimagine the apparel supply chain by leveraging technology to create textiles from carbon emissions.
  • Walmart is the first company to execute both manufacturing and brand pilot agreements with Rubi.

Gartner Names OpenEnvoy Leading Vendor in AP Real-time Auditing and Invoice Automation

Retrieved on: 
Wednesday, July 26, 2023

OAKLAND, Calif., July 26, 2023 /PRNewswire/ -- OpenEnvoy, which empowers finance teams to maximize cash flow by taking complete control of their inefficient AP processes, today announced that it has been recognized as a leading Vendor for AP Real-time Auditing and AP Invoice Automation in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2023 report.

Key Points: 
  • OAKLAND, Calif., July 26, 2023 /PRNewswire/ -- OpenEnvoy , which empowers finance teams to maximize cash flow by taking complete control of their inefficient AP processes, today announced that it has been recognized as a leading Vendor for AP Real-time Auditing and AP Invoice Automation in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2023 report.
  • The Gartner report indicates, "The expanded scope of Accounts Payable Invoice Automation (APIA) includes advanced capabilities, such as n-way matching, fraud detection, regulatory compliance and payments."
  • Even the most complex invoice auditing and reconciliation processes with high-volume variable cost invoices are simplified and automated with OpenEnvoy's platform.
  • In 2021, Gartner recognized OpenEnvoy as a category leader in real-time audit for eliminating payables fraud and again in 2022 for AI in AP Automation.