Part Analytics Offers Free Trial of AI-Based Sourcing & Quoting Software
May 20, 2020 | Part AnalyticsEstimated reading time: 1 minute
In an effort to help OEMs and EMS companies navigate supply chain disruptions and cost pressures due to COVID-19, Part Analytics announced a free 90-day trial for their software.
Part Analytics’ AI-based sourcing and quoting platform for direct materials helps companies identify up to 20% savings on material costs. Additionally, the solution helps to proactively identify and mitigate risks such as lifecycle and availability.
“In light of COVID-19 and the way this pandemic is affecting the industry, we wanted to offer something we feel will be helpful in terms of saving money and proactively managing disruptions,” said Founder & CEO Jithendra Palasagaram. “Our predictive analytics SaaS platform enables smarter data-driven decision making to improve profit margin, and we think that is something everyone could use at this point.”
To lessen the impact of supply chain disruption during the COVID-19 crisis, our software will help you:
- Adapt quickly to ongoing supply chain changes
- See up to 20% savings in direct material costs through lower-cost alternates or data for negotiation opportunities
- Reduce BOM costing time from 1-2 weeks to less than 30 minutes
- Gain visibility into inventory levels and lowest distributor price from a network of 80+ distributors
- Minimize risk by viewing part availability and lifecycle
- Continuously monitor part cost and risk with proactive notifications
For more information, visit www.partanalytics.com.
Suggested Items
Real Time with... IPC APEX EXPO 2024: Sustainability in the Industry
04/26/2024 | Real Time with...IPC APEX EXPOGuest Editor Henry Crandall and Chris Nash of Indium Corporation discuss the company's 90th anniversary and its focus on sustainability. They focus on the benefits of sustainable materials, their compatibility, and value propositions. The conversation also highlights how Durafuse LT technology's role in reducing reflow temperatures is leading to significant cost and energy savings. Nash also touches on downstream sustainability efforts such as using recycled materials for packaging.
Book Excerpt: The Printed Circuit Assembler’s Guide to... Factory Analytics
04/24/2024 | I-Connect007 Editorial TeamIn our fast-changing, deeply competitive, and margin-tight industry, factory analytics can be the key to unlocking untapped improvements to guarantee a thriving business. On top of that, electronics manufacturers are facing a tremendous burden to do more with less. If you don't already have a copy of this book, what follows is an excerpt from the introduction chapter of 'The Printed Circuit Assembler’s Guide to... Factory Analytics: Unlocking Efficiency Through Data Insights' to whet your appetite.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
Microchip Technology Acquires Neuronix AI Labs
04/16/2024 | Microchip Technology Inc.Innovative technology enhances AI-enabled intelligent edge solutions and increases neural networking capabilities.
Fluor Awarded U.S. Air Force Contract Augmentation Program V Task Order for Tinian
04/11/2024 | BUSINESS WIREFluor Corporation announced that the U.S. Air Force Installation Contracting Agency awarded the company a task order contract for Pavement and Transportation Support North Field, Tinian, Commonwealth of the Northern Mariana Islands (CNMI).