Cloud-based supplier collaboration platform
LiveSource integrates supply chain business processes including purchasing, quality, and engineering into a single supplier portal. The Company’s target markets are primarily large Tier 1 manufacturing companies in the auto, aerospace & defense, industrial and medical devices industries. LiveSource customers are highly dependent on their suppliers to deliver engineered-to-order parts in a just-in-time environment. The platform provides customers real-time information across multiple supplier business processes, including supplier risk, sourcing, contract management, supplier and part quality, tooling and supplier innovation. The Company was originally formed in 2000 as SourcingParts, which was acquired by MFG.com in 2006 and has been operating as a separate business unit.