In the $800 Billion electronic components market, supply chain disruptions have become a daily concern, threatening electronic companies' ability to consistently produce products on time and within budget. While second sourcing (obtaining the same component from an alternative supplier) is often the preferred solution, it frequently proves irrelevant, leading to a manual, inaccurate, and non-exhaustive component replacement process (technically re-matching different components from another supplier) performed by engineers.
At Syntero, we are building an AI-driven platform that empowers product companies to continuously screen designs for opportunities to reduce component costs and availability risks. Engineers can easily compare, select, and approve the best replacement components, and automatically integrate them into product designs—all within a single platform that sets a new standard for ongoing design-to-cost optimization.
