Source: streetinsider

The robotics sector depends on precise, high-quality mechanical components. SOURCIX is a procurement platform designed to minimize lead times for custom mechanical parts manufacturing. The platform offers the ability to purchase and manage the production of custom mechanical items, offers accurate match making for the right vendors, based on DATA recognition and comparison.

The SOURCIX platform facilitates time to market for robotics businesses by allowing quick access to a vetted global base of vendors. Using the SOURCIX platform, businesses can import production files (including CAD files and technical drawings), pull out required specifications, and get competitive quotes from global vetted vendors.

“At SOURCIX, business privacy and confidentiality are our utmost priorities. We only use metadata to match you with the right vendors—so sensitive design files are shared only with a subset of vendors that are relevant to bid on the project” — Ben Halperin, CEO. SOURCIX. 

SOURCIX utilizes artificial intelligence in its procurement process to connect buyers with the most compatible vendors. Leveraging advanced data-driven analysis, the platform cross-compares production files with thousands of suppliers and reveals bids only to the most compatible manufacturers. The SOURCIX AI platform considers factors such as capability, capacity and lead time to match buyers with the best vendors for their custom needs. 

The SOURCIX platform provides clear pricing, supplier performance metrics, and quality ratings to help buyers make informed decisions. The platform also enables direct conversations between vendors and buyers further facilitating the procurement process. Buyers get updates on production progress. All documents, including reports, invoices, and more, remain available on the platform. “When you source from our vetted vendor network you get a 100% guarantee on quality and production time.” —CEO SOURCIX.