CAE Unveils Global Inspection Services to Provide Accurate Asset Information
PR89917
AUSTIN, Texas, June 8, 2021 /PRNewswire=KYODO JBN/ --
-- CAE addresses global semiconductor shortage by uncovering assets through
GIS, an in-house research, inspection and due diligence team
CAE, the industry's first and leading software and data-driven physical
commodity trader for semiconductor capital equipment and commodities, unveils
an in-house research, inspection and due diligence team, Global Inspection
Services (GIS), to provide on-the-ground support throughout the world.
Concurrently launched in the United States, Europe, and Asia, GIS is designed
to accelerate transaction cycle times, dramatically reduce buyer risk, and
improve the process of selling equipment or commodities for CAE's community of
suppliers.
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CAE provides a confidential, reliable source for buying and selling
semiconductor production equipment and commodities. CAE's introduction into the
marketplace has created a safe space for device manufacturers to trade
equipment without their competitors having any indication into their day-to-day
business, entering their facilities, or diverting internal resources from their
primary business function. Through CAE, sellers can now rapidly reach a
community of tens of thousands of potential buyers, transact in a
compliance-guaranteed environment, and with the addition of GIS, not lift a
finger to gather and disseminate asset information.
Today, GIS provides CAE's clients with rapid reactions to their needs and
real-time information on assets worldwide by diving deep into known assets and
suppliers and unearthing new assets and suppliers daily. GIS is the only tool
of its kind in the semiconductor industry because it provides buyers with
proprietary assets that aren't available online. CAE's inspection professionals
are based within same-day proximity to nearly all active fabrication
facilities. This enables CAE to accumulate proprietary data from fabrication
facilities to provide their clients with access to inventory that can't be
found anywhere else. Meanwhile, CAE is ensuring that the information that's
going to the market is accurate and safe. Through GIS, CAE provides
on-the-ground support to conduct due diligence before products are traded and
shipped to buyers. Once a transaction is complete, CAE's in-house team oversees
the logistics of relocating the asset out of the seller's location and
transporting it to the buyer's location, including an industry-leading export
compliance system.
"GIS was established to make the semiconductor equipment and commodity market
safe, transparent, and reliable," said Ryan Jacob, chief executive officer for
CAE. "We are streamlining the process for buyers by anticipating and collecting
necessary information, based on what hundreds of buyers have requested in the
past, to ensure that our information is comprehensive and accurate. We are
simplifying the process for sellers because we are local to wherever they are
and we can move faster than anyone else. CAE stands by the accuracy of the
information it collects. The equipment or materials photographed, shown in a
video, or demonstrated will arrive with everything in the pictures, video, or
demonstration. We stand behind it and it is guaranteed in the transactions for
thousands of assets we trade each year. No one else stands behind their
information."
"We are in the midst of a global semiconductor shortage -- CAE is addressing
the semiconductor shortage by uncovering the assets that are bridging the gap
between supply and demand, reducing lead times, and removing transactional
risk," said Austin Gill, vice president of operations for CAE. "CAE has
invested heavily into technology designed to support GIS. We have the largest
on-the-ground presence in the world with 25 people supporting our in-house
inspection services."
CAE's internally developed, proprietary technology creates a transactionally
validated solution for end-to-end sourcing, due diligence, purchasing and
logistics management for the semiconductor market. CAE tracks over 555,000
assets inside fabrication facilities, warehouses, refurbishment companies and
research centers worldwide -- many on an exclusive basis. Simultaneously, CAE
works with clients on over 271,000 active inquiries, the most extensive
collection of supply and demand in the world. In 2021, GIS is projected to
conduct over 600 inspections, estimated at 12,000 assets, across fabrication
facilities, research centers, warehouses and refurbishment companies worldwide.
About CAE
CAE is a global software and data-driven physical commodity trader for
semiconductor production equipment and commodities. Headquartered in Austin,
Texas, CAE developed the market-share-leading, transaction-validated technology
that enables the end-to-end processing of semiconductor equipment and commodity
purchases, sales and shipments. To learn more, please visit caeonline.com (
).
SOURCE CAE
CONTACT: Morgan Lawrence, APR, Director of Communications, THE rAVe Agency,
Mobile: +1 (419) 631-8052, Email: morgan@theraveagency.com,
www.theraveagency.com
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