LiveSource

LiveSource operates in the manufacturing sector, providing an end-to-end supplier portal designed to manage the entire product launch process. The platform is tailored for direct materials manufacturing and serves over 18,000 manufacturers globally. LiveSource helps manufacturers mitigate hidden risks by offering real-time updates on certification status, bill of materials, and last-minute changes. The company’s solutions encompass Supplier Risk Management, Product Launch, and Collaborative Manufacturing, ensuring all departments and stakeholders have access to the latest information. Unlike ERP, QMS, or PLM systems, LiveSource integrates all necessary data and processes into a single application. The business model is likely subscription-based, generating revenue through licensing fees from its extensive client base, which includes industry leaders like Dana, Vibracoustic, and Goodman Manufacturing. These clients rely on LiveSource to stay competitive in a market characterized by shrinking margins and complex supply chains.

Keywords: Supplier Portal, Product Launch, Risk Management, Direct Materials, Manufacturing, Real-time Updates, Certification Status, Bill of Materials, Collaborative Manufacturing, Industry Leaders.