New Momentum says its new Constrained Parts Finder is intended to help companies that make or use electronic components to better manage their supply chain risk.
This application, which provides visibility into the global, open market for electronic parts, helps companies avoid production shutdowns and missed peak season sales due to parts shortages, says Stu Clifton, New Momentum CEO. "One of the fundamental supply chain decisions our customers face is what to do when a critical part becomes constrained. Often the suppliers on a company's approved vendor/distributor list just can't get the required component in time at a reasonable price. Our new Constrained Parts Finder is a valuable tool for these organizations because it puts numerous worldwide sources at their fingertips. Within minutes they can find authentic, compliant and alternate parts without paying premium prices."
The Constrained Parts Finder is a software as a service offering.
