Procure Critical Componentsand Reduce Overcapacitiesdata-driven in One Platform
Wavetrade –the AI-poweredMatch-MakingPlatform
Act data driven in semiconductor buying and handling
Wavetrade in numbers
20 billion
Components on the platform
75.000
Unique types of semiconductors
80.000
Average trade volume (in components)
What it is
Wavetrade transforms semiconductor procurement. It's a global match-making platform, enabling semiconductor exchanges between peers. It smoothens out the bullwhip effect in the industry enhanced and driven by data and market intelligence insights. The result: optimized stock, improved working capital, and future-oriented recommendations for action.
Why you need it
Are you affected by semiconductor overstock and in need of a way to compensate for surplus components? Are you facing shortages in semiconductor stock? Are you already anticipating the next crisis and are on the lookout for data-driven responses?
Wavetrade is the strategic solution, optimizing stock, reducing disruptions, and recommending future actions. Be in control, embrace efficiency with Wavetrade, and propel your operations to success.
How it works
Streamlining component procurement and minimizing overstock are seamlessly integrated. Wavetrade matches demand and supply of all platform partners in an anonymous way. Collaborating in a trade is supported by logistics handling and quality assurance. Furthermore Wavetrade generates data-driven recommendations for future action from the activities on the platform and additional external data.
Making the Industry Inventory ofCritical Components Available
Strategically reduce stock inventories.
Wavetrade makes the stock of surplus chips of participating platform members available to the entire community. Members can sell and buy components to and from each other. This enables inventory reduction and net working capital optimization. Anonymity is maintained during the matching phase but also afterwards while the components are exchanged.
Avoid ad-hoc escalations via an additional channel.
Procuring critical components requires intense manual effort when done without a systematic platform. Especially during allocation this usually requires resource-heavy taskforces and leads to escalations. In contrast, Wavetrade continuously screens supply and demand on the platform and systematically matches them.
Optimize supply chain resilience through automated recommendations.
Wavetrade increases semiconductor supply chain resilience as it generates data-driven recommendations for future actions from the activities on the platform enriched by external data. In anticipation of the next crisis, it is now time to take precautionary measures and early and sustainably prevent manual task force efforts.
Wavetrade helps Sales
in med-tech, the automotive sector, consumer electronics manufacturers, home appliances, power tools.
“The effort required to trade critical components with each other without a systematic platform is extremely high. The Wavetrade platform can help strengthen the liquidity of our suppliers while ensuring the resilience of supply chains.”
Karsten Schnake
Head of chip task force, Volkswagen AG
in Handelsblatt
“Basically, the automotive industry can benefit from the fact that a shortage of supply and high demand do not lead to astronomical prices again. Unfortunately, in individual cases, the [high] prices were also paid by vehicle manufacturers, as otherwise a customer vehicle could not have been built”
Spokesperson
Volkswagen AG
in Handelsblatt
“The semiconductor supply chains around the world were disrupted. It was a situation that I had never experienced before in my 25 years in the automotive industry. The assumption was that if a certain component was no longer available from a supplier, there was still a very high probability that this component was in stock at another company. According to our calculations, a car manufacturer could produce significantly more vehicles if they used our database.”
Thomas Frei
Vice President Sales, Inventory & Operations Planning, Harman
in Handelsblatt
More about Wavetrade
Frequently asked questions
Wavetrade provides an additional procurement channel and helps to reduce overstock inventory. Procuring the required components and reducing inventories of overstock components becomes part of a single, seamless system. Partners can stay completely anonymous during a trade and collaborate through an intermediary that also takes care of quality assurance. As soon as a match is confirmed, both partners can immediately view the responsible contact person and their contact details to directly set up the contract.
With Wavetrade you can anonymously buy and sell electronic components with peers in your own and similar industries.
For all trades on Wavetrade, the quality of the components is assured by an intermediate and independent test laboratory.
Wavetrade can be accessed through your browser (SaaS). You can access it through your individual login credentials.
You can immediately start using Wavetrade after you receive your login credentials even during the setup phase. Depending on the hosting a full Wavetrade setup can take a couple of days to a few weeks.
Wavetrade started in the automotive sector but is expanding across other industries like Medtech, mechanical engineering, consumer electronics, home appliances, power tools and others.
Yes, you can stay anonymous during the matching and also the trading phase
Wavetrade partners with independent test laboratories that have longtime experience in the semiconductor space. These test laboratories act as intermediate parties at every trade and assure the component quality and take care of the trade processing.