Executive Summary

Engineering and procurement teams—especially in mid-market and SMB product companies—spend weeks to months sourcing niche parts, vendors, and the right contacts, creating delays that ripple into product timelines and add hidden costs; with an addressable market of roughly 200,000 engineering teams at an estimated $15K ACV (a $3.0B market), this is a quantifiable pain point worth attention. The core problem is inefficient discovery: fragmented supplier data, manual outreach, and poor contact-matching that make sourcing slow and error-prone for categories that aren’t served by large commodity marketplaces. A pragmatic product would be a lightweight B2B SaaS that automates supplier and contact discovery for niche procurement by combining AI extraction and entity-matching with a human-in-the-loop verification step, exposing supplier profiles, contact routing, and ROI-backed time-savings dashboards; you can package a beta-user program to prove use cases in 3–5 focused verticals and aim to cut common sourcing cycles by roughly 40–60%. This is an attractive moment: companies are actively optimizing procurement workflows, AI extraction and matching accuracy have materially improved, and SMBs are incrementally adopting cloud tools that show clear ROI rather than replacing full ERPs — reflected in a strong market score (86/100) and revenue potential (82/100). To stand out, focus on vertical specialization, precision over breadth (high-accuracy matching plus verification), integrations into existing procurement/ERP workflows, and a low-friction beta program that produces case studies showing time-to-source reduction and cost avoidance. Be candid about challenges: competition is medium, onboarding supplier networks and training models require upfront investment and data partnerships, and procurement sales cycles can stretch; if you can secure early wins in 3–5 niches and demonstrate measurable ROI, the economics at a $15K ACV and a $3B TAM make this a venture-worthy, early-stage product to pursue.

Market Opportunity

Reduce engineering sourcing time — find beta users for niche procurement targets a $3.0B = 200,000 engineering teams × $15K ACV total addressable market with medium saturation and a year-over-year growth rate of 8% YoY (procurement software and verticalized sourcing tools, industry reports 2023-2024).

Key trends driving demand: Trend — Companies continue to optimize supply chains and procurement workflows, creating demand for tools that reduce sourcing time.; Trend — Improved AI extraction and entity-matching make automated supplier/contact discovery more accurate and affordable.; Trend — SMBs are adopting cloud SaaS tools incrementally, favoring lightweight solutions with clear ROI over large ERP moves.; Trend — Supplier marketplaces focus on price and availability, leaving workflow and contact-response analytics as an underserved layer..

Key competitors include Octopart, SAP Ariba, FindChips / Supplyframe (component marketplaces).

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Reduce engineering sourcing time — find beta users for niche procurement

Executive Summary

Market Validation

Market Opportunity

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