DALLAS, TX – CalcuQuote has launched a beta version of StockCQ, a peer-to-peer platform for OEM and EMS companies to directly trade inventory with each other.

“Global component shortages have clearly been a top pain point voiced by virtually every EMS leader, especially over the past few years,” said Mark Wolfe, IPC executive EMS advisor. “IPC and our member-driven EMS Industry Council are very excited to facilitate this strong collaboration between CalcuQuote and a growing group of EMS/OEM companies. We believe we have a very real opportunity to address this significant industry need.”

CalcuQuote’s research shows cases of sufficient stock responses from the supply chain have dropped more than 20% during the past year. However, findings show in 30% of cases where authorized distributors are out of stock, the same component was also identified as excess inventory by another company within the CalcuQuote ecosystem. This overlap is why StockCQ can help alleviate the supply chain challenges, the firm says.

Electronics manufacturers can virtually store excess and slow-moving inventory. The listed inventory can then be searched and purchased directly by other electronics manufacturers.

In two weeks of beta access with a group of 15 users, there have been 50+ matches among the 45,000 listed part numbers.

“The CalcuQuote team is excited to address a significant challenge facing the electronics supply chain with a technological solution. StockCQ will become a trusted digital community for OEM and EMS companies to trade fairly with their peers,” said Chintan Sutaria, CEO, CalcuQuote. “The spirit of collaboration has already shown to be very strong, with dozens of electronics company executives attending executive roundtable sessions and sharing their feedback so we can build a solution that works for everyone.”

Participation in beta StockCQ is by invitation only for all electronics manufacturers. To request an invitation, contact stockCQ@calcuquote.com or visit calcuquote.com/stockcq.