Jabil Circuit Rolls Out New Supply-Chain Management Software

Nov. 16, 2016
Company will start offering new software for subscription during the first quarter of 2017.

Electronics supplier Jabil Circuit of St. Petersburg, Fla., is getting into the software development game. According to the Wall Street Journal, the company will start offering its new supply-chain management software for subscription during the first quarter of 2017.

Jabil believes the software could generate $100 million annually on offerings like a Digital Prototype Lab, a 3D printing service, and managed supply-chain and procurement services. WSJ reports that while the company's electronics sales are slow, Jabil’s strategic move into SaaS coincides with the necessity of an increasingly global-compliant, agile supply chain.

In addition, the company's supply-chain and procurement services focus on traceability and compliance, WSJ reports. Jabil's branded services include a "Compliance & Conflict Mineral" service, which handles both risk analysis and compliance reporting, for example.

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