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Sourceability® is a global distributor of electronic components dedicated to transforming how modern businesses bring products to market in today’s demanding digital and physical worlds via a digitalized supply chain. The company’s cutting-edge products and services expedite the procurement process for customers in several industries including communications/cellular, computer, and auto manufacturing. Available tools include Sourcengine™, the electronic component industry's leading e-commerce marketplace allowing the world's largest OEMs and suppliers to source, negotiate, and purchase electronic components on one platform, Datalynq™, the industry’s premier source for market intelligence and analytics for over 1 billion parts to future-proof manufacturing lines through predictive analytics and case management and Quotengine, a comprehensive digital tool that allows users to quote, manage, and purchase their parts list or bill of materials in one easy interface. Beyond the unique technological capabilities of its products, Sourceability also offers a growing list of franchise lines, ERP/API integrations, MOQ management among EMS partners, EOL/LBT program, excess inventory selling, price benchmarking, and data-driven vendor reduction. This gives buyers a comprehensive view of the marketplace for informed decision-making. The company operates 22 locations across North America, Europe, and Asia.Over the past year, Sourceability has achieved significant milestones and developed new tools that directly benefit our valued customers. Sourceability was listed on Inc. Magazine’s annual list of 5000 fastest-growing companies for the second year. Notably, Sourceability had improved more than 1,000 positions, landing it in the top one-third of companies. Noteworthy companies, including Microsoft, Oracle, Patagonia, and Zappos.com, have all previously been recognized on the Inc. 5000 list. Likewise, Sourcerability was named Outstanding Supply Chain Service Provider and Outstanding Independent Distributor by AspenCore’s Electronic Component Distributor Awards program at IIC Shenzhen 2023. This marks the fourth year AspenCore has recognized Sourceability for its significant achievements, outstanding performance, and positive contributions to the electronics industry. And what a year it was! Beyond recognition for the company’s achievements, Sourceability expanded its global presence to provide for its customers worldwide. Opening its fourth global distribution warehouse in Budapest, Hungary, Sourceability is now better equipped to support manufacturing customers in the European Union (EU) region. Adding the Hungary warehouse will help relieve strain on the electronic components supply chain by supporting pre-existing distribution centers in Asia and North America, shortening lead times, and simplifying customer processes. As part of our commitment to innovation, Sourceability introduced the groundbreaking Sourcengine Browser Extension. This tool, powered by Sourceability’s market intelligence tool, Datalynq, and Sourceability’s e-commerce site, Sourcengine, provides users with invaluable insights during their part offer search. It generates vital metrics through its Market Availability Score, MultiSource Availability Score, and Design Risk Score, empowering users to make more informed decisions. Likewise, Sourceability went one step further to bring market analytics to design engineers for increased visibility during product development. Partnering with Cadence, Sourceability worked hard to get its market intelligence to engineers across the electronic components market by integrating Datalynq into the Cadence OrCAD X Platform. Called Live BOM, engineers will now receive real-time alerts on the risks an electronic component may pose. This tool allows design and manufacturing engineers to build more disruption-resilient products, which helps companies better mitigate or circumvent shortages and enables more stable cash flows. Sourceability recently gained AS6081 certification to ensure all market sectors benefit from these tools. According to the American National Standard Institute (ANSI), this rigorous standard is one of the most recognized and respected in the aerospace industry. The requirements set in AS6081 are critical to reducing risks associated with counterfeit parts re-entering the supply chain. With AS6081 now under its belt, Sourceability can offer its electronic components and supply chain solutions to aerospace and defense market members. Sourceability aims to expand its services further into this sector in the coming year. Sourceability will continue to grow its presence in the global semiconductor industry this year by optimizing its digital products, forging new supplier relationships, and continuing its commitment to quality, innovation, and customer satisfaction.Sourceability is proud of its major strides in fulfilling its mission to transform the electronic component supply chain. Its e-commerce marketplace, market intelligence & analytics platform, and next-generation BOM tool have made the parts procurement process easier and faster than ever before. The company would be honored and humbled to be recognized by for its recent accomplishments. Regardless of the outcome of this year’s awards, Sourceability will remain devoted to providing OEMs, CMs, and EMS companies with world-class products and services without geographical restrictions.
2024 Global Electronic Component Distributor Awards
