Electronic component

Guest Post by Johnny C.
Partminer WorldWide, Inc. is an electronic component sourcing company with U.S. offices in New York, California, and Florida. The corporate headquarters is located in Centennial, Colorado. One of the company’s objectives is to provide a global perspective on the electronic components marketplace, so it maintains a presence in Brazil, China, Finland, France, Germany, India, Israel, Mexico, Singapore, Sweden, and the United Kingdom. The company maintains a huge database of technical information on electrical component specifications, locations and transactional history. They find the best source for a particular item and bring that source and the buyer together. The company uses two online tools for research and sourcing.
These tools, “MarketPulse” and “PowerBuyer,” help analyze electronic components against customer requirements and show available inventory and pricing. Partminer’s database sources include thousands of manufacturers, distributors and contract managers. The database contains more than 125 million electronic components and 15,000 suppliers around the world. If an electronic component exists, Partminers knows about it. The company procures quotations from competing vendors and presents the best one to the customer.
On customer acceptance, the company completes the transaction and handles delivery of the product. The Partminer website, Partminer.com, is the buyer’s avenue for researching parts and requesting quotes, as well as a vendor’s means to provide those quotes. A buyer’s request for quote (RFQ) is presented to a variety of suppliers, and starts the process. Several suppliers may respond, and the best quote is presented to the buyer for acceptance or negotiation. The website acts as an electronic middleman.

Sharing Is Caring