PartMiner WorldWide, Inc., a leading independent electronic components supplier based in Colorado, recently announced the addition of worldwide pricing and availability information to their proprietary CAPS™ (Computer Assisted Product Selection) database.

As the industry’s leading source of technical and parametric data on more than 210 million individual electronic components, CAPS offers industry experts like engineers, designers, and manufacturers vast amounts of information such as component status, life-cycle forecasts, environmental compliances, and more. Now, with the addition of current prices and availabilities from around the world, the CAPS database will become immensely beneficial to purchasing and procurement professionals across the industry as well.

“The implications of adding this information to the CAPS database go well beyond just the ability to see how much components cost and what’s available,” stated Michael Thompson, PartMiner’s Vice President of CAPS Sales.

Michael continued, “The price and availability of components is critical to the design and manufacturing of electronics. If this information is introduced late in the process, or even during production, companies can get hit with enormous costs if they need to change parts or even perform complete redesigns if any of the components on their bill of materials are unavailable, or simply too expensive to justify profitability.”

One of PartMiner’s main goals behind the introduction of pricing and availability information to their CAPS database is to help their customers better determine the viability of building and maintaining products. By having this essential information available early in the design and manufacturing process, companies can make better-informed decisions more quickly, which ultimately saves time and reduces costly problems that can arise down the production line and even later during sustainment.

PartMiner WorldWide, Inc. provides electronic component procurement services to thousands of electronic manufacturing companies around the world. PartMiner collects and interprets worldwide market intelligence and component data from manufacturers, distributors, and other supply sources. PartMiner’s CAPS™ database is the leading source of technical information in the industry delivering complete data sets on more than 210 million individual electronic components from more than 1,800 active manufacturers.

PartMiner is headquartered in Centennial, Colorado, USA and has US offices in New York, California, Florida and Massachusetts. International locations include Brazil, China (Shenzhen, Shanghai, Suzhou, Beijing, and Hong Kong), France, Germany, India, Israel, Mexico, Singapore, Sweden, and the United Kingdom.