Why Real Transactional Data Is the New Benchmark for Component Pricing

Procurement teams have always needed benchmarks. The problem is that many benchmarks used in electronic component sourcing are too weak for today’s market.Supplier quotes are useful, but they are not neutral market signals. List prices are available, but they often do not reflect what buyers actually pay. Internal purchase history is important, but it only shows what one company paid in the past.That is not enough.In an opaque component market, a company may believe it has a strong benchma