Sourcing

JAGGAER Annual ESG Report Highlights Customer Use Cases Enabling Best Practices

Retrieved on: 
Tuesday, July 11, 2023
Software, Supply Chain Management, Other Retail, Professional Services, Data Management, Electronic Commerce, IOT (Internet of Things), Technology, DEI (Diversity, Equity and Inclusion), Retail, Other Professional Services, Other Technology, Environmental, Social and Governance (ESG), Environmental, social, and corporate governance, Social responsibility, Science, Sourcing, Science Based Targets initiative, Employment, United Nations, United Nations Global Compact, Corporate governance, Woman, Carbon, Cinven, Engineering, Biophysical environment, Ethics, ESG, Paris, Social, CO2, KPI-driven code analysis, Female, Renewable energy, Management

JAGGAER, a global leader in Autonomous Commerce, today released its second Environmental, Social and Corporate Governance (ESG) Report .

Key Points: 
  • JAGGAER, a global leader in Autonomous Commerce, today released its second Environmental, Social and Corporate Governance (ESG) Report .
  • JAGGAER also reports on its progress in advancing ESG best practices within its own organization.
  • JAGGAER has worked with its owners, the international private equity firm Cinven, to reevaluate its mission, vision and values to encompass ESG principles, which are set out in this report.
  • In 2022 JAGGAER subjected its activities to greater scrutiny by external agencies and measured progress against internationally recognized benchmarks.

Sourceability® Launches Digital Pricing Solution for Managing Excess Inventory

Retrieved on: 
Tuesday, June 20, 2023
Sell, Pressure, KPMG, Excess, ERP, Online shopping, Sourcing

MIAMI, June 20, 2023 /PRNewswire/ -- Sourceability, a global distributor of electronic components, today announced the launch of its Excess Inventory Estimator – a free self-service tool allowing customers the opportunity to quickly estimate the value of unused electronic components to recover their value and free up warehouse space. The offering will be available to Sourcengine™ users as an essential part of its existing "Sell Your Excess" program.

Key Points: 
  • The offering will be available to Sourcengine™ users as an essential part of its existing "Sell Your Excess" program.
  • Recent shifts in market demand and availability of electronic components have contributed to the increasing complexity of inventory planning for manufacturers.
  • The Excess Inventory Estimator leverages real-time market pricing and availability to provide users with an instant and more accurate understanding of which parts to prioritize.
  • Doing so would expand their digital presence to reach over 100,000 professional buyers to sell their excess stock.

Sourceability® Launches Order API to Optimize Procurement of Electronic Components

Retrieved on: 
Wednesday, May 24, 2023
API, Electronics, Research, Software, Risk, Fine chemical, Online shopping, Sourcing

MIAMI, May 24, 2023 /PRNewswire/ -- Sourceability, a global distributor of electronic components, today announced Sourcengine™ Order API, an update to Sourcengine's Application Program Interface (API). The innovative tool allows enterprise resource and material requirement planning (ERP/MRP) functions to streamline the procurement process and reach thousands of suppliers globally.

Key Points: 
  • MIAMI, May 24, 2023 /PRNewswire/ -- Sourceability , a global distributor of electronic components, today announced Sourcengine™ Order API , an update to Sourcengine's Application Program Interface (API).
  • The API, designed for mid-sized manufacturers with an ERP/MRP system, helps to eliminate time spent managing suppliers and procurement lists by allowing businesses to research, quote, and purchase electronic components without leaving their internal systems.
  • Additionally, users benefit from third-party integrations with innovative solution providers like CalcuQuote, one of the first integrations for Sourcengine Order API.
  • This software centralizes data so that users can reduce the risk of human error and optimize the procurement process."

Sourceability® Reaches $1 Billion in Sales, Achieving Company's Highest Revenue Yet

Retrieved on: 
Tuesday, February 21, 2023
Data acquisition, Woman, Original equipment manufacturer, National Electronic Distributors Association, ERP, Privately held company, Growth, Oracle, COVID-19, BOM, Video game, Sourcing, Electronics

MIAMI, Feb. 21, 2023 /PRNewswire/ -- Sourceability, a global distributor of electronic components offering digital tools, services and data with the power of technology to meet customers' evolving demands, today announced $1 billion in sales, signaling 72% year-over-year growth compared to 2021. Sourceability and its digital tools Sourcengine™, Quotengine™ and Datalynq™ digitalized the electronic component procurement process with transparency, robust data and speed that helped meet the unprecedented needs of the industry through COVID-19, global shortages and economic uncertainty.

Key Points: 
  • "Reaching $1 billion, and while such a young company, is a tremendous achievement for Sourceability," said Jens Gamperl, founder and CEO of Sourceability.
  • "I'm grateful to our employees for their dedicated work and to all of our partners.
  • Sourceability was founded in 2015 and has over 350 employees in 20 locations worldwide and continues to release innovative digital solutions.
  • Together, these solutions accelerate the electronic component procurement process for industries including automotive, medical, industrial, and consumer electronics.

Oatey Co. promotes Erin Drotleff to Vice President, Sourcing

Retrieved on: 
Thursday, January 12, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Business administration, Medical Mutual of Ohio, Master of Business Administration, University, Case Western Reserve University, Senior, Biology, Cleveland-Cliffs, Growth, University of Mount Union, Republic Steel, Multimedia, Supply chain, Management, Jack Oatey, Sourcing

Oatey Co., a leading manufacturer in the plumbing industry since 1916, has promoted Director, North American Sourcing Erin Drotleff to Vice President, Sourcing.

Key Points: 
  • Oatey Co., a leading manufacturer in the plumbing industry since 1916, has promoted Director, North American Sourcing Erin Drotleff to Vice President, Sourcing.
  • View the full release here: https://www.businesswire.com/news/home/20230112005789/en/
    Oatey Co., a leading manufacturer in the plumbing industry since 1916, has promoted Director, North American Sourcing Erin Drotleff to Vice President, Sourcing.
  • In her expanded role as Vice President, Sourcing, Drotleff will continue to define and implement strategic initiatives to ensure Oatey’s Sourcing function is positioned to support Oatey’s continued growth.
  • “Erin has demonstrated impressive leadership at Oatey over the past three years,” says Voisinet.

CrowdOut Capital Acquires Sourceability, a Leading Global Distributor of Electronic Components

Retrieved on: 
Tuesday, January 10, 2023
Partnership, Electronics, COLT, Acquisition, KPMG, BDO, Cryptocurrency, Sourcing, Fred Zollner

AUSTIN, Texas, Jan. 10, 2023 /PRNewswire/ -- CrowdOut Capital LLC ("CrowdOut"), an Austin-based investment firm, announced today that CO Long Term Equity Fund I LP ("COLT"), and affiliates partnered with senior leadership to acquire Sourceability (the "Company"), a global distributor of electronic components offering digital tools, services and data, from Zollner Elektronik AG ("Zollner").

Key Points: 
  • Sourceability was named as the "Outstanding Supply Chain Service Provider" in the 2022 ASPENCORE Global Electronic Component Distributor Awards for its outstanding performance and positive contributions to the electronics industry.
  • Sourceability has developed its own proprietary e-commerce marketplace, Sourcengine™, that provides professional buyers and engineers with access to an extensive range of parts with global logistics support.
  • We are excited for this partnership with CrowdOut to accelerate our trajectory," said Jens Gamperl, Founder & CEO of Sourceability.
  • CrowdOut was represented by Norton Rose Fulbright LP, BDO USA, LLC and their global affiliates.

Arkestro Highlighted as Value Leader In Spend Matters' Fall SolutionMap Rankings

Retrieved on: 
Thursday, November 17, 2022
Spend, Eye, Sourcing, Machine learning, Game theory, Customer, Risk management

SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Arkestro, the leading Predictive Procurement Orchestration platform, was recognized today with the designation of "Value Leader" in the Sourcing category of Spend Matters' Fall 2022 SolutionMap rankings. 

Key Points: 
  • Arkestro's Solution is Among the Best of the Best in Sourcing Solutions, According to Both Analysts and Customers
    SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Arkestro , the leading Predictive Procurement Orchestration platform, was recognized today with the designation of "Value Leader" in the Sourcing category of Spend Matters' Fall 2022 SolutionMap rankings.
  • The SolutionMap rankings are based on an expert analyst evaluation of 500+ RFI requirements, as well as validated references from the solution providers' customers using the technology in the field.
  • To read more about Arkestro and view the complete SolutionMap rankings, click here .
  • Top enterprises leverage Arkestro's behavioral science, game theory and machine learning to predict and win faster value in every category of addressable spend.

Sourceability® Named "Outstanding Supply Chain Service Provider" by ASPENCORE Global Electronic Component Distributor Awards

Retrieved on: 
Tuesday, November 15, 2022
Founder, Growth, National Electronic Distributors Association, Conference, Technology, MOQ, EE Times, Exhibition, Electronic Products, Data acquisition, Industry, International, Private, Electronics, Catalog, CEO, DN, BOM, EMS, Video game, Online shopping, Sourcing

MIAMI, Nov. 15, 2022 /PRNewswire/ -- Sourceability , a global distributor of electronic components offering digital tools, services and data, today announces it has been named as the "Outstanding Supply Chain Service Provider" in this year's prestigious ASPENCORE Global Electronic Component Distributor Awards at the International IC & Component Exhibition and Conference.

Key Points: 
  • MIAMI, Nov. 15, 2022 /PRNewswire/ -- Sourceability , a global distributor of electronic components offering digital tools, services and data, today announces it has been named as the "Outstanding Supply Chain Service Provider" in this year's prestigious ASPENCORE Global Electronic Component Distributor Awards at the International IC & Component Exhibition and Conference.
  • "It's a tremendous honor for Sourceability to be recognized by ASPENCORE for the third year in a row.
  • "We remain dedicated to serving procurement professionals with innovative technology to help transform the supply chain and streamline operations."
  • Sourceability a global distributor of electronic components offering digital tools, services, and data with the power of technology to meet customers' evolving demands.

Sourcengine™ Rolls Out Leading-Edge Solution for Navigating Excess Part Management

Retrieved on: 
Tuesday, October 25, 2022
Solution, Catalog, Original equipment manufacturer, Baidu, Industry, Google, Founder, CEO, Multimedia, QC, View, Semiconductor, Online shopping, Sourcing

MIAMI, Oct. 25, 2022 /PRNewswire/ -- Sourcengine™, the electronic component's leading e-commerce marketplace, today announced the release of its new sales portal – a digital resource enabling suppliers to sell excess inventory to over 100,000 professional buyers. The tool's debut comes at a time when many OEMs and suppliers are faced with an abundance of excess inventory due to supply chain volatility over the past few years. Backed by Sourceability, a global distributor of electronic components, the new portal combines the reach of Sourcengine's e-commerce marketplace with the power of Sourceability's distribution network to digitally sell excess inventory and provide users with a white glove experience that moves inventory fast and with price transparency.

Key Points: 
  • "In the chip manufacturing industry especially, viability of parts is limited by date code restrictions.
  • To use the platform, suppliers must upload their parts list and determine the markup and final resale pricing, and Sourcengine handles the rest.
  • Sourcengine is the electronic component industry's leading e-commerce marketplace helping the world's largest OEMs and suppliers source, negotiate and purchase on one platform.
  • Sourcengine is backed by Sourceability , a global distributor of electronic components transforming the way businesses bring products to market through a digitalized supply chain.

Scoutbee Listed as A Sample Vendor in 2022 Gartner® Hype Cycle™

Retrieved on: 
Tuesday, September 27, 2022
Supply Chain Management, Retail, Technology, Other Technology, Software, Artificial Intelligence, Hype cycle, YouTube, Adoption, Algorithm, COVID-19, Sourcing, Twitter, Risk, Internet, Publication, Organization, LinkedIn, Bank account, Intelligence, Automation, CEO, Technology, Solution, Research, AI, Big data, Discovery, Online shopping, Renewable energy, Shiga Lakestars, Gartner, Atomico, Facebook, Brexit

Scoutbee , the leading AI-powered supplier intelligence and discovery platform, today announced it has been identified as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2022 for the very first time.

Key Points: 
  • Scoutbee , the leading AI-powered supplier intelligence and discovery platform, today announced it has been identified as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions 2022 for the very first time.
  • The importance of the Gartner Hype Cycle report is to separate hype from the real drivers of a technologys commercial promise and reduce the risk of your technology investment decisions.
  • Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2022, Kaitlynn Sommers, Micky Keck, Patrick Connaughton, Lynne Phelan, 1 August 2022.
  • GARTNER and HYPE CYCLE are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission.