Fasteners distributor and manufacturer Optimas Solutions integrated a multi-sourcing functionality within the company’s SO99+ ToolsGroup platform.

By integrating multi-sourcing, Optimas said it enhances supply chain resilience and mitigates risks through the automation of its supply base.

Main benefits of the new functionality include:

• Risk mitigation
• Enhanced supplier management
• Increased flexibility and responsiveness
• Cost optimization

“By integrating robust risk mitigation strategies into our operations, we are not only enhancing our responsiveness but also safeguarding our customers against potential disruptions,” Optimas Americas CEO Daniel Harms said in a Nov. 7 news release. “As we continue to innovate, we are confident this feature will enhance the value we deliver to our customers and drive our future growth.”

The implementation process involved consolidating supplier data through automation and AI — streamlining the supply network. The company said testing ensured the solution met performance, accuracy and reliability standards.

Find much more information about Optimas’ new multi-sourcing capabilities here.

Optimas was No. 7 on MDM’s Top Distributors List for Fasteners and No. 33 for Industrial Supplies.