Source

Source

AI-powered product sourcing and supplier relationship management.

HQ location
South Africa
Launch date
Employees
Enterprise value
$6—8m
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Source is a company that leverages artificial intelligence to streamline the product sourcing and supplier management process for businesses. Founded by Patrick Candela, the platform is designed to help companies, particularly in the e-commerce and retail sectors, discover new products, connect with suppliers, and manage those relationships efficiently.

The core of Source's offering is its AI-powered platform that assists businesses in finding products and suppliers that align with their brand and customer base. The system facilitates communication and order management between buyers and sellers, aiming to simplify the entire procurement lifecycle. This includes features for tracking samples, managing orders, and maintaining a centralized database of supplier interactions. The business model appears to be centered around providing these tools to brands and retailers to enhance their operational efficiency and product discovery capabilities. By using AI, Source aims to reduce the manual effort and time traditionally associated with sourcing and supplier vetting.

Keywords: product sourcing, supplier management, AI procurement, retail technology, e-commerce tools, supply chain, B2B platform, product discovery, order management, supplier relationship

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