Friday, November 22, 2024

Volition Launches First-Ever Online Industrial Parts Marketplace, an Answer to Supply Chain Woes

Volition’s new industrial marketplace might have arrived just in time; the company just launched a private beta version of their technology that may present a solution to our parts problem.

Volition is the first-ever comprehensive online marketplace for all the world’s hardware components – the bolts, gears, motors, chips, and more that make up the products we use every day. The Volition platform offers an extensive catalog of millions of unique products, with a variety of search methods that assist users in quickly finding, understanding, and ordering the right parts for a job.

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Volition expects the arrival of its marketplace will accelerate the hardware development process and lead to higher performance and more refined products, in addition to assisting sourcing teams in quickly fixing their supply chains by finding backup suppliers and alternative parts.

“I’m excited that our team can bring the latest technology to bear on the problems of the industrial world, and eager to get the Volition platform out there to start doing our part to help the supply chain crisis and beyond,” said Nick Pinkston, Volition’s founder and CEO. “The supply chain issues are only further accelerating the complexity of managing global manufacturing and trade, and Volition is uniquely positioned to help hardware teams navigate this new world.”

Typically, hardware teams have to constantly monitor their supply chains using phone calls and spreadsheets, and often have to work overtime to address supply chain emergencies. Volition’s platform will help ease this painful process by providing real-time information on order logistics, pricing, and availability, which will help teams quickly recognize and address issues. They can then easily respond by searching across Volition’s wide range of suppliers to find the same or equivalent components to what is missing, and order them instantly – all in one place.

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