NEWS
PartMiner, Inc. | 7807 E. Peakview Avenue, Suite 400 | Centennial, Colorado 80111 | 303-200-5500 | www.partminer.com
40 New Companies in China Sign PowerBuyer Agreements
Centennial, Colorado –May 12, 2009 – PartMiner WorldWide Inc., the premier provider of real-time information and services to support strategic decisions in the electronics supply chain, today reported that 40 companies in China have signed PowerBuyer subscription agreements.
The PowerBuyer solution provides OEM and Contract Manufacturers a worldwide perspective of electronic component supply. Market information includes pricing and available inventories from thousands of distribution sources around the globe. Buyers are able to compare their current pricing to market prices in order to negotiate better pricing or select a more favorable supply source. Buyers may also identify substitute parts with better supply chain attributes and thus better pricing.
“Component buyers want a more competitive and efficient supply chain throughout the world,” explained Chris Meyer, CEO of PartMiner WorldWide. “In China, buyers want two main solutions: (1) consistency of supply in their over-served, under-stocked market and (2) cost savings via more direct conduits to supply. PowerBuyer provides both of these advantages.”
PartMiner collects market intelligence from more than 15,000 supply sources worldwide – representing millions of component transactions and hundreds of millions of lines of active inventory. PartMiner employs more than 100 electronic component professionals in China and 350 worldwide. The company’s ImPart™ database (formerly CAPS™) is the leading resource of technical information in the industry. It covers more than 125 million individual components from more than 3000 manufacturers. PartMiner couples technical information with transactional market information through PowerBuyer™ in Asia and Europe and with MarketPulse™ in the Americas.
PartMiner provides electronic component procurement services to more than 1,000 unique corporations throughout Greater China. PowerBuyer is available at the enterprise-level, by subscription at www.powerbuyer.partminer.com (Chinese-language).
PartMiner WorldWide Inc., is headquartered in Centennial, Colorado, USA and has U.S. offices in New York, California, Florida and Massachusetts. International locations include Brazil, China (Shenzhen, Shanghai, Suzhou, Beijing, and Hong Kong), Finland, France, Germany, India, Israel, Mexico, Singapore, Sweden, and the United Kingdom.
For more information about PowerBuyer or to arrange an interview with a PartMiner executive, contact Roger Rountree, rrountree@partminer.com, 303-200-5609.
PartMiner, PowerBuyer, CAPS, ImPart, and MarketPulse are trademarks or registered trademarks of PartMiner WorldWide Inc.