Part Analytics AI-powered Supply management solution transforms Direct Material Sourcing to optimize cost, drive efficiency and mitigate supply chain risk. By combining organization’s internal data with market, community and network data, our AI powered platform continuously streams opportunities for savings and risk mitigation to enterprise sourcing leaders. On average, we are able to save enterprise customers up to 20% in direct material costs.
Part Analytics platform has different modules to provide a single source of truth for direct material sourcing.
Executive IQ
Summary view of BOMs, spend, savings and risk by product, business unit or enterprise level
Prioritized view of BOMs with highest savings and risk
BOM IQ
Real-time insights on risks & savings opportunities at BOM level
For new BOMs, get BOM Cost and risks along with mitigations in minutes
Part IQ
Enterprise wide view of parts used with commercial and technical data
Search capability to promote part reuse across the enterprise
Category IQ
Commodity and Sub-commodity level spend, savings, opportunities and risk tracking
Market and community benchmarking data to enable data driven negotiations
RFQ IQ
Digitize RFQ process and enable Buyer/Supplier Collaboration
