Verical Launches Online Component Trading Platform
SAN FRANCISCO – Verical has launched a Web-based trading platform for manufacturers and distributors of electronics components.
Verical Marketplace uses information and technology to create a pedigree scoring system for component parts, which also are available in the company’s catalog.
The site permits only authorized channels and original owners of component parts to sell pedigreed inventory. It assigns a score to each component part based on how far back Verical is able trace its chain of custody. The higher the pedigree score, the further up the supply chain the component is traceable.
The method is said to ease transactions between sellers and buyers.
It currently serves more than 3,200 buyers from small to large manufacturers, with more than 27,000 unique part numbers from more than 230 manufacturers, including IDT, Molex, NXP Semiconductors, Texas Instruments and Tyco Electronics.
Verical relies on a supply chain software team that includes Solectron, Agile Software, Dept. of Homeland Security, Classic Components, and Lockheed-Martin.
