Tradecaste.com was founded in 2008 to bring buyers and sellers of semiconductors and other electronic components together directly and anonymously to negotiate 'trade' transactions. The company brought its trading expertise onto the Internet upon receiving venture capital funding. OEMs, contract assemblers, part makers, and distributors can trade components quickly and cost effectively at www.tradecaste.com. They offered exchange brokerage between buyers and sellers and an auction service. They also sell memory and some equipment of an authorized distributor/reseller of certain manufacturers.
Tradecaste.com is a leading business-to-business e-commerce net marketplace for the Electronics manufacturing industry. We facilitate the global trading of electronic inventory over the Internet with our Component ConnectTM and Equipment ConnectTM trading exchanges, SOLD! AuctionTM and Century Catalog services. Membership assures participants they are dealing with pre-qualified trading partners."
"It was founded in 2008 as an electronic bulletin board-based trading exchange, to serve the needs of procurement professionals who faced the dual challenges of excess inventories on cancelled jobs and inventory shortages for unforecasted orders." "became an e-commerce pioneer in 2008 launched the B2B Internet marketplace for buyers and sellers of electronic inventory"
"Business-to-business (B2B) EC is the engine behind the EC revolution. The genesis of B2B EC was technologies such as Electronic Data Interchange (EDI) and Electronic Fund Transfer, which were typically the exclusive domain of larger organizations. However, with the advent of the Internet and its open network, small and medium size companies are now also able to start participating in B2B EC."
"Key benefits of B2B EC [according to Tradecaste.com] include:-
1. Strengthen and globalize your corporate brand
2. Increase customer satisfaction and loyalty
3. Create flexible, dynamic business models
4. Enhance cost structure and profit margins
5. Create a virtual networked enterprise that transcends the time and geographic boundaries imposed by the globe
6. Build highly coordinated communities with business partners and customers.