Intuitive Strategic Sourcing Software
Automate the most tedious and time-consuming aspects of your job with cloud-based supply management software tools that provide invaluable insights on parts costs, risk, lifecycle, and availability.
USED BY HIGHLY PRODUCTIVE SUPPLY MANAGEMENT TEAMS
Part IQ
Comprehensive Data on Part Cost and Risk
Instantly find critical parts availability and part alternates with access to an enterprise parts catalog that includes detailed part taxonomy to promote part reuse and standardization.
- Real-time inventory availability monitoring from distributors & suppliers.
- Alternatives from authorized supplies, plus email notifications when those parts become available.
- Free text search for parts based on Item number, description, manufacturer name, manufacturer part number or specifications.
- Quickly see where used information for parts and cumulative usage across the company.
- Promote part reuse across the enterprise by showing which MPNs are already being used
- Part cost information based on contract price, distributor retail price, distributor VIP/Special pricing and Benchmark Price.
- Part Health Rating (PHR), Lifecycle Forecast, Obsolescence Risk, Compliance Risk and Single Source Risk.
- Detailed Part specifications and information such as distributor stock, lead time, MOQ, Order Multiple.
- Alternate part recommendations based on Form, Fit, Function (FFF) or Functional (F) equivalents.
- Estimated cost savings based on approved alternates as well as Part Analytics recommended alternates.
- Quickly compare specifications, pricing and risk information for alternates.
BOM IQ
Speed Time to Market by Making Faster Product Design Iterations
View prioritized insights in real time to drive savings, assess risk and eliminate countless hours of spreadsheet manipulation.
- Upload a BOM and get cost, savings and risk information in minutes.
- Track product cost over time and Quickly see Annual spend and savings based on negotiation and alternate part recommendations
- Roll up new BOM cost based on contract price, distributor price (public and VIP) and alternates.
- Compare current BOM cost to best in class cost and evaluate savings opportunities.
- BOM Health Rating (BHR) calculated based on part lifecycle, lead time, single source and compliance risks.
- View detailed part level risk information – Years to End of Life, Lead times, Distributor Inventory, MOQ, Order Multiple etc.
RFQ IQ
Digitize Sourcing for Direct Materials
Spend less time preparing and launch sourcing events with the click of a button to competitively source every purchase.
- Streamline supplier negotiations.
- Get sourcing out of spreadsheets and email inboxes to a central location.
- Launch RFQs for both Assemblies and components from a single platform.
- Automate bid analysis and award. business
- Highly configurable solution allows you to customize templates.
- Collaborate with suppliers from with in the platform using messaging functionality.
- Add internal stakeholders with different levels of permissions.
- Automated notifications and remainders to keep sourcing events on schedule.
- Compare supplier bids and add in market and benchmarking price data to drive better negotiation outcome.
- Consolidated view of all the sourcing events with data on spend, number of line items, savings by supplier, Business Unit etc.
Category IQ
AI-Driven Spend Analytics
Benchmark supplier performance at commodity & sub-commodity levels to optimize negotiations. Automate pricing processes and assess supply risk – by region, suppliers, manufacturers and product.
- Our powerful dashboards give a clear view of your spend portfolio with the ability to filter by Commodity, Sub-commodity, Suppliers, Manufacturers, Business Unit and Region
- View spend and number of parts by age to enable data driven discussions with Engineering team on design refresh opportunities.
- Quickly assess the impact of geographical events on spend by getting visibility to country-of-origin data for your parts.
- View Negotiation and Alternate-based savings opportunities by Commodity, Sub-commodity or Manufacturer
- Compare discounts given by manufacturers within same sub-commodity to identify negotiation opportunities.
- View Life Cycle, Lead time, Single Source and Compliance Risk by Commodity, Sub-commodity and Manufacturer
- Get Before and After risk profile based on alternate part recommendations
Executive IQ
360-Degree View of Spend & Risk at the Enterprise Level
Consolidated view of all BOM’s with product-level detail at multiple levels of your organization. Prioritized view of BOM’s with highest savings and risk are displayed in a clear and concise manner.
- Single Source of Truth for spend and risk across the enterprise.
- View number of BOMs, Parts, Spend and Savings by Business Unit, Product, BOM Supplier and site.
- View Lifecycle, Lead time, Compliance and Single Source risk by Business Unit, Product, BOM supplier and site.
- Prioritized view of BOMs with highest savings opportunities or risk potential.
- View spend and risk information by BOMs, Supplier, Manufacturer and Part Category.
What Our Customers Have to Say
"The Part Monitoring Report is really insightful and has been adding immense value in our inventory purchase plans."
Rishikesh PatilCommodity Specialist – Hologic Inc. 
"Implementation of the Part Analytics platform has driven approximately 90% efficiency gain in our Quarterly Pricing Process by automating our manual process."
Eric BremerDirector Electronics & Electrical Products | Corporate Supply Chain – Emerson 
"Part Analytics' innovative software allows us to process 30% more RFQ’s with considerably better control of our pricing and purchasing costs allowing us to maintain our high quality standards."
Louis ChenVP of Sales - EMS-Tek 
Want to See It With Your BOM or Shortage List?
Schedule some time to meet with us & review your needs. Whether you’ve got 1,000 or 100,000+ parts on your shortage list, we can help.
We’ll get you set up with a free trial of the platform using your own parts list so you can see how quickly & easily your entire team can start reaping the benefits of automated part availability insights.