Supply chains are often fragile and prone to breaking down when a key component is in short supply. When this happens, companies scramble for the available stock that’s left over, leading to missed deadlines, missed opportunities, and lost revenue. Amplio has been solving this problem for years by providing its customers with access to components that aren’t readily available through their usual channels.
Amplio was founded in 2012 by serial entrepreneurs Joshua Blatt and Kevin Cavanagh. Both are experienced entrepreneurs who started multiple startups prior to Amplio, including an e-commerce marketplace and an internet gaming company. Today the company serves over 400 companies in industries such as food, beverage, retail, life sciences, and e-commerce.
At the heart of Amplio is a platform that helps companies solve component supply issues. The company is operating in a highly fragmented industry with over 28.5 million products in the US alone, and its platform uses big data and advanced search technology to help customers quickly find what they’re looking for when supply chains break down.
“We are focused on improving the lives of end users, which includes companies that design, manufacture, and distribute their goods,” said Blatt. “We use data science and advanced search techniques to find components that are out of stock and hard to find, which gives our customers the flexibility to ship on time and meet end-of-quarter goals. It also allows our clients to make better decisions before they need to make them.”
Amplio’s Software Platform for Finding Components When Supply Chains Break Down
For Blatt, his first true engineering project was growing up in a small town in Japan. His parents had a digital camera that he would help them use when they traveled. This gave him exposure to the power of complex electronics and digital technology that was not very common in his hometown.
For Cavanagh, he spent most of his teen years taking computers apart and playing around with the various components. He learned how to make them work again, but he didn’t necessarily know how they worked in the first place. This taught him a lot about problem solving and gave him a unique perspective on what it means to truly understand technology.
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