Sourcing Platform
for OEMs
Part Analytics sourcing platform empowers supply chain teams to focus on strategic priorities by digitizing processes, delivering critical supply chain insights and enabling collaboration at scale.
Spend Intelligence
A comprehensive solution for sustainable cost optimization.
With increasing market volatility and supply risk, it is getting harder for sourcing teams to meet annual cost reduction targets. Sourcing leaders spend a lot of time analyzing BOMs, pricing files from suppliers to find opportunities. It’s like finding a needle in a haystack!
Part Analytics IQ suite is constantly on the lookout for savings opportunities and delivers insights on:
Harmonize pricing across the Enterprise based on Manufacturer Part Number.
Ensure contract compliance by flagging discrepancies in Costed BOM vs Contract pricing.
Find savings opportunities based on retail price and company specific pricing from distributors.
Benchmark your pricing to best in class pricing from other companies.
Find savings opportunities based on lower cost alternatives that are either Form, Fit, Function (FFF) equivalent or Functional equivalent (F).
Accelerate New Product Development
Enable smarter, faster product development.
Product and Sourcing teams have limited insights into Supply market intelligence during The New Product Introduction (NPI) process leading to slower time to market and less profitable products.
Part Analytics IQ suite of products enables collaboration throughout the product lifecycle, providing Engineering and Sourcing teams with:
Enterprise parts catalog with up-to-date data on Cost, Lifecycle, RoHS, Lead time, market inventory and alternate recommendations.
Roll up product cost in minutes based on multiple data points and track product and BOM cost throughout product lifecycle.
Get 360° view of supply risk and recommended mitigation actions to minimize design iterations.
Strategic Sourcing
Transform your Source to Award process
Sourcing leaders spend significant amount of time collecting and consolidating data in excel spredsheets from internal systems, Tier I as well as Tier II suppliers. This takes time away from more value generating activities that drive business outcomes.
Part Analytics IQ suite digitizes manual, excel based processes to:
- Highly configurable solution helps you manage simple or complex requests with thousands of line items in one place
- Request bids, compare bids to lowest market and community price and award bids
- Collaborate with suppliers & internal stakeholders with messaging functionality, no email needed
- Reporting, Analytics capability at single RFQ or across RFQs, Suppliers, Business Units
- Collaborate with EMS/ODM partners to request pricing updates
- Automate analysis of pricing files/CBOMs to ensure contract compliance
- Get best cost information from internal, market and community data to drive negotiations.
Supply Intelligence
Build a more resilient and agile supply chain
With current supply disruptions in the market, sourcing leaders spend a lot of time chasing parts, calling suppliers across the globe to find needed inventory.
Part Analytics IQ suite provides a 360 view on supply risk and recommends mitigation actions:
Get real time alerts on part inventory, lead time, and lifecycle changes.
Ability to quickly see compliance related risks (RoHS, REACH etc.)
Quickly assess impact of risk factors at part, BOM, Product, Commodity, Business Unit and Enterprise level.
View recommended alternate sources of supply to mitigate risk.
Part Availability Insights
Find critical parts availability & alternative options fast.
Since the COVID-19 pandemic disrupted global production capabilities, finding critical parts & components is now a daily struggle. Between chip shortages and lead time increases, supply chain teams are spending more time and using more personnel than ever to manage supply chain disruptions.
Part Availability Insights continually monitors parts availability, and locates suitable inventories of needed parts from authorized suppliers. When parts are currently unavailable, the tool keeps a constant eye on market inventory, and alerts you when components and alternatives become available.
Search for any currently available parts from trusted global suppliers.
Monitoring and notifications for parts availability with email notifications for when parts become available.
Find alternative suppliers and parts when you face shortages.
Improving Collaboration between OEM/EMS Guide
Want to See It With Your BOMs or Spend Data?
Schedule some time to meet with us & review your needs. Whether you’ve got 1,000 or 100,000+ parts, we can help.
We’ll get you set up with a free trial of the platform using your own spend data or parts list so you can see how quickly & easily your entire team can start reaping the benefits of automated spend & supply intelligence.