Partstat Announces Auto-Price, a Unique Service that Automatically Prices Suppliers’ Inventory

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Partstat is an electronic component search engine for sourcing and selling professionals.

an electronic component search engine for sourcing and selling superheroes

“One of the most difficult tasks for a supplier is to price their inventory competitively.”

Keeping to its innovative roots, Partstat has released a never seen before proprietary service for its suppliers’ listed inventory. It’s called Auto-Price. Auto-Price automatically computes a competitive price, in real-time, for a supplier’s listed inventory.

Here’s how it works: When a user searches for an electronic component, Partstat automatically computes the average manufacturers/market price for that component. Suppliers that sign up for Auto-Price choose an automatic discount percentage off of that market price. Partstat will instantly price that suppliers stock and display the discounted price on their results line.

“One of the most difficult tasks for a supplier is to price their inventory competitively,” states Dennis Hugh, eMarketing Director at Partstat. “Partstat’s Auto-Price takes the guess work out of the equation.” To learn more about this service please visit http://www.partstat.com/Supplier-Premium-Services.

Partstat has information for over 11 million unique parts including data sheets, pricing, lead times and much more. Advertising inventory is free and so is searching. Partstat’s data is updated daily, so the information is always fresh and current.

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Dennis Hugh

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