On June 29, 2018, LiveSource Inc. announced the completion of spin-out from MFG.com, Inc into a standalone company. MFG.com retains the supplier marketplace platform business geared toward the needs of small job shops, while LiveSource will continue to focus on supplier performance management for OEM and Tier 1 manufacturers in the Automotive and Aerospace & Defense industries.
With LiveSource, manufacturers such as Dana Incorporated, Plastic Omnium Auto Inergy, and Safran gain greater visibility across their entire supplier network, so they can plan more effectively and be able to respond to changes quickly. LiveSource does this by collecting and normalizing data from disparate systems (such as ERP, sourcing, engineering, tooling, and quality systems) and providing an easy, seamless way to share data across disciplines.
With this significant milestone behind us, we’re excited to focus all our attention towards delivering transformative technology to the manufacturing industry. Our team is very proud of our accomplishments and looks forward to continuing to help our customers strengthen their business by providing the tools to lower the cost of goods sold and reduce risk.
Look for more great things from LiveSource in the not-too-distant future.