Electronics Parts Visibility and Search: Part IQ

Empower your design and sourcing teams with powerful electronics parts search functionality and detailed component data in real-time to ensure cost efficiency and supply chain resilience.

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Comprehensive Electronics Parts Cost and Risk Data

Part IQ provides an exhaustive enterprise parts catalog, allowing you to instantly find critical parts availability and alternates. With detailed part taxonomy, promote part reuse and standardization across your organization. This comprehensive data includes:

Detailed Cost Analysis: Access real-time cost data from a global network of suppliers to make informed purchasing decisions.
Risk Assessment: Identify potential supply chain risks, including part obsolescence and single-source dependencies.
Alternates Identification: Quickly find and evaluate alternate components to mitigate risk and ensure continuity.

Enterprise Parts Library

The Enterprise Parts Library within Part IQ addresses the common challenge of visibility and siloed data during new product development or modifications. By facilitating collaboration between engineering and sourcing teams, Part IQ provides:

Integrated Data Access: Combines technical specifications with sourcing data, giving design teams early visibility into component availability, cost, and risk.
Collaborative Design: Enables the design team to make informed decisions about component selection, reducing supply chain risk.
Enhanced Communication: Bridges the gap between engineering and sourcing teams, promoting proactive decision-making and reducing costly redesigns.

Watch the Part Availability Insights Overview

Instant Part Availability and Alternates

Through Part Analytics’ Part Availability Insights feature, Part IQ offers unparalleled visibility into the supply details of critical components, enabling design and sourcing teams to make proactive decisions. With instant access to enterprise-wide parts data, you can:

Real-Time Availability Checks: Monitor inventory levels across multiple suppliers and distributors in real-time.
Preferred Parts Identification: Easily identify preferred and approved components, simplifying the selection process.
Supply Chain Optimization: Ensure that selected components meet both technical and supply chain requirements—FFF and F—reducing lead times and avoiding production delays.

Guide
Design For Supply

Download our ‘Design for Supply’ Guide to overcome sourcing and procurement challenges. Learn how to improve collaboration, enhance product design, and prepare for supply chain disruptions with a holistic approach to sourcing operations and technology.

The Need for Enriched Data in Electronics Parts Management

Having enriched data at your fingertips is crucial for both finding and managing components efficiently. The complexity of electronic and electro-mechanical parts, coupled with rapid advancements in technology, demands solutions that can keep up.

Enhanced Decision-Making:

Enriched data provides comprehensive information on part availability, cost, risk, and compliance. This allows your team to make well-informed decisions quickly, reducing the time spent on research and increasing the accuracy of your choices.

Streamlined Sourcing

Part IQ’s enriched data helps streamline sourcing operations by offering insights into part alternatives, supplier performance, and market trends. This ensures that you are always ahead of potential supply chain disruptions and can proactively manage your inventory.

Improved Collaboration

With detailed, real-time data at their fingertips, your engineering and sourcing teams can collaborate more effectively. By having a single source of truth, they can align their efforts to select the best components that meet both technical and supply chain requirements.

"Implementation of Part Analytics' sourcing software 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

"The Part Monitoring Report is really insightful and has been adding immense value in our inventory purchase plans."

Rishi SinhaCommodity Specialist – Hologic Inc.

"Part Analytics' innovative BOM management 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

I use the parts availability tracking every day and really appreciate how quickly you implement our feedback for improvements.

Greg SnellStrategic Sourcing Manager, Digi International

Try Part Analytics with your data, free of charge

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 our BOM software 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.