World's first service for hardware buyers to meet BOM cost targets effortlessly.
Settel is revolutionizing the manufacturing industry with its innovative approach to hardware procurement. Settel provides a groundbreaking service that empowers hardware buyers to effortlessly meet their Bill of Materials (BOM) cost targets.
With access to a vast network of over 33,000 suppliers and a comprehensive database of more than 144 million off-the-shelf electronic and mechanical components, Settel delivers unparalleled sourcing capabilities. The company's platform ensures buyers receive at least five competitive quotes per BOM part, refreshed monthly, at a fraction of the cost of traditional methods.
Settel's data-backed solutions provide buyers with the leverage needed to negotiate lower pricing and trigger automatic price drops with existing suppliers, leading to effortless profit expansion. Located in San Francisco, US, Settel is dedicated to streamlining the procurement process and driving value for its clients. The information presented here will soon be expanded with additional details, thanks to the support of Settel's management team. We invite the manager of Settel to create a customized and exclusive company showcase and product listing on our platform to further highlight its unique offerings.
Compare Settel with 3 companies in Manufacturing
| Comparison Field |
SettelMain Company |
SAP AribaView Profile |
AirflipView Profile |
TraceView Profile |
|---|---|---|---|---|
|
Founded Year
|
— | 0 | 2022 | 2019 |
|
Company Size
|
— | 10,001+ | 2-10 | 11-50 |
|
City
|
New York, NY | |||
|
Country
|
United States | |||
|
Skills & Keywords
Comparing with main company
|
17 Total Skills
Hardware Procurement
BOM Cost Reduction
Manufacturing Solutions
Supplier Network
Electronic Components
Mechanical Components
Sourcing Automation
quote
compare
continuous RFQ process
calculate
recommend
search
profit expansion
sourcing
buying
procurement
|
8 Total
8 Unique
Unique Skills:
accounts payable
cloud computing
contracts
finance
invoice management
spend visibility
+2
|
5 Total
5 Unique
Unique Skills:
negotiation
software renewals
software service
spend management
vendor intelligence
|
5 Total
5 Unique
Unique Skills:
artificial intelligence
quantitative
recruitment
research
trading
|
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