Verical Inc., creator of a marketplace for the trading of electronic components, has launched an online trading platform for high-tech manufacturers and distributors. The new Verical Marketplace features a pedigree scoring system for component parts available in its catalog. The technology is aimed at foiling gray-market activity and increasingly sophisticated counterfeiting methods. The service optimizes transactions within the supply chain for sellers faced with disposing of excess inventory, and buyers experiencing a purchasing shortages. The Verical Marketplace currently serves more than 3,200 buyers, from small electronics firms to global high-tech manufacturers, according to the company. It features more than 27,000 unique part numbers from over 230 manufacturers. The marketplace permits only authorized channels and original owners of component parts to sell pedigreed inventory. The system assigns a score to each component part, based on how far back Verical is able to trace its chain of custody.
Read Full Article
Enjoy curated articles directly to your inbox.