Company Will Share Its Supply Chain Intelligence Solutions, Siemens Acceleration Story at Event
May 05, 2022 09:00 AM Eastern Daylight Time
PASADENA, Calif.–(BUSINESS WIRE)–Supplyframe today announced that it is the Exclusive Platinum-Level Sponsor of the 2022 EDS Leadership Summit. The company will be at the gathering May 10-13 at The Mirage in Las Vegas providing information about Supplyframe solutions and details about its acquisition by Siemens, which accelerates Supplyframe’s efforts to provide new forms of intelligence to electronics component buyers and suppliers.
“The global electronics industry, which remains in an early stage of digital customer maturity, has plenty of room to grow, and we’re here to help”
“Supplyframe’s digital media and e-commerce solutions power the world’s leading electronics distributors, semiconductor manufacturers, and component suppliers,” said Supplyframe CEO and founder Steve Flagg. “Our acquisition by Siemens provides significant new fuel to our efforts and vision for the future of the industry. We’re excited to share what we’re working on to further address the most pressing challenges our customers face in 2022 and beyond.”
EDS Leadership Summit is an annual global conference and meeting place that brings together thousands of manufacturers, distributors, and manufacturer reps to connect and learn. This event, and the Supplyframe solutions that will be discussed there, have become especially critical in light of supply chain-impacting events such as the pandemic and the invasion of Ukraine. As Supplyframe Commodity IQ data indicates, the electronics supply chain will face continued commodity shortages and cost increases will persist into the first half of 2023.
Emerging and ongoing challenges call for new approaches to enable supply chain resiliency. Yet while many other B2B industries have adopted their own maturity models and standardized solutions, the electronics industry has been slow to embrace digital transformation over the last two decades. But a growing number of organizations in the electronics supply chain are now considering and adopting new approaches and solutions to help them survive and thrive.
In addition, Supplyframe will discuss its Digital Customer Engagement Maturity Model with attendees at the event. This Maturity Model helps companies in the electronics value chain to get on that path. Insights from the community allow distributors and suppliers to benchmark their digital commerce preparedness in three areas: digital engagement, technology and analytics, and organizational design.
“The global electronics industry, which remains in an early stage of digital customer maturity, has plenty of room to grow, and we’re here to help,” said Supplyframe CMO Richard Barnett. “Supplyframe enables companies to assess their current digital maturity and opportunities for improvement, better understand customer product design cycle needs, and get in front of those engineers and buyers with the right content at the right times. We also arm global manufacturers with the intelligence they need to build resilience into their new products at the point of design.”
Supplyframe’s Design-to-Source Intelligence (DSI) Platform and its new parent company, Siemens, uniquely position the organization to provide both the buy-side and the sell-side of the electronics supply chain with new forms of intelligence to drive desired business results.
More than 10 million engineering and supply chain professionals worldwide engage with Supplyframe’s search engines, software-as-a-service (SaaS) solutions, and media properties to optimize more than $140 billion in spending each year and drive rapid innovation. This digital engagement also translates into over $1 billion in influenced B2B ecommerce revenue for distributors and suppliers engaged in the DSI network.
When Supplyframe became a member of the Siemens family in August of 2021, it unlocked significant value for customers of both Siemens and Supplyframe. The synergies extend Siemens Xcelerator solutions into sourcing and supply chain as well as expanding technical content management for design engineers across electronic design automation, printed circuit boards, and other domains and technology fields – all empowered by Supplyframe’s marketplace intelligence.
“We look forward to the 2022 EDS Leadership Summit, which provides the opportunity to nurture relationships, build new ones, talk about supply chain challenges and how customer engagement is changing, and offer solutions to address the challenges and drive profitable growth,” said Flagg.
- Register for the 2022 EDS Leadership Summit.
- Learn more about Supplyframe’s 2022 EDS Leadership Summit plans.
- Arrange a meeting with Supplyframe at the 2022 EDS Leadership Summit.
Supplyframe’s unmatched industry ecosystem, and pioneering Design-to-Source Intelligence (DSI) Solutions, are transforming how people and businesses design, source, market, and sell products across the global electronics value chain. Leveraging billions of continuous signals of design intent, demand, supply, and risk factors, Supplyframe’s DSI Platform is the world’s richest intelligence resource for the electronics industry. Over 10 million engineering and supply chain professionals worldwide engage with our SaaS solutions, search engines, and media properties to power rapid innovation and optimize in excess of $140 billion in annual direct materials spend. Supplyframe is headquartered in Pasadena, Calif., with offices in Austin, Belgrade, Grenoble, Oxford, San Francisco, Shanghai, and Shenzhen. To join the Supplyframe community, visit supplyframe.com and follow us on Twitter, Instagram, and YouTube.