Irvine, California – June 13, 2024 – Sourceability®, a global digital distributor of electronic components and supply chain service provider, announces today it has been awarded “Sourcing and Procurement Company of the Year” by the SupplyTech Breakthrough Awards program. This award program recognizes the world’s best companies, products, and services in the supply chain technology and logistics industry.
The SupplyTech Breakthrough Awards program aims to “perform the most comprehensive evaluation of supply chain and logistics technology tools, services, and companies today, with nominations from the best and brightest supply chain and logistics innovators worldwide.”
Continuing our tradition of innovation this year, Sourceability has further enhanced its award-winning suite of digital tools. Our global e-commerce site, Sourcengine™, and premier market intelligence tool, Datalynq™, have undergone significant updates. Sourcengine now offers users the capability to estimate the maximum return for their excess inventory through its Excess Estimator based on current market conditions. With the help of Sourceability’s global sales team, users can then sell their excess inventory through Sourceability based on the Estimator’s suggested price.
In a strategic collaboration with Cadence Design Systems, Inc., we unveiled the latest update to Cadence’s OrCAD® X Platform, Live BOM. Integrating Datalynq’s analytics and market alerts into the platform empowers design engineers to identify electronic components with higher design risks and gain enhanced supply chain visibility, furthering our mission to provide cutting-edge solutions to our customers.
The Tech Breakthrough organization is passionate about how technology can transform the current supply chain management model into a more integrated model in which information flows omnidirectionally to the supply chain. As a leading global market intelligence and recognition platform for today’s most competitive technologies, Tech Breakthrough has worked with leading tech industry titans and startups to help organizations rise above even the most crowded technology markets.
Sourceability® is a global distributor of electronic components and supply chain service provider. We are a catalyst for change, leveraging technology to meet our customers’ evolving demands. Our unique approach combines global distribution expertise with the industry's leading e-commerce marketplace. We work with the most extensive supplier catalog to provide the transparency, robust data, and speed customers need to create a seamless procurement process. With global distribution centers in Singapore, Hungary, and Miami and a logistics center in Hong Kong, we maintain a holistic understanding of customer supply chain needs. Since our inception in 2015, we have been harnessing innovation, customer empowerment, and integrity to build upon our initial success.