Settel

Settel

Manufacturing

Company Tagline

World's first service for hardware buyers to meet BOM cost targets effortlessly.

Industry Category
Manufacturing
Company Description

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.

Key Personnel / Employees
Derek Elley

Compare Companies Side by Side

Compare Settel with 3 companies in Manufacturing

4 Companies
Comparison Field
Settel
Settel
Main Company
SAP Ariba
SAP Ariba
View 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
4
Total Companies
2019
Oldest Founded
1
Countries
35
Unique Skills

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Alternative Company Names

This company is also known as

Settel 塞特尔 सेटल سيتل Сеттель