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For manufacturing procurement, strategic sourcing, engineering, and supply chain teams, Part Analytics helps replace manual spreadsheet and email work with shared visibility into direct materials, component costs, and supply risks. Teams can analyze bills of materials (BOMs) for cost and risk, identify savings opportunities, and review component lifecycle, lead time, availability, and alternatives to support sourcing and product decisions. The platform can search for component availability and monitor parts lists or BOMs for changes, with email alerts when parts become available. Its enterprise parts catalog brings together technical and commercial information so teams can check where parts are used and find opportunities to reuse components. Dashboards summarize BOMs, spend, savings, and risk across products and business units, while category tools help analyze spend and opportunities by commodity and supplier. For sourcing events, RFQ tools let buyers request and compare supplier bids, analyze pricing, and collaborate with suppliers and internal stakeholders. Part Analytics may suit manufacturers that manage complex component portfolios and want to coordinate BOM analysis, supply-risk monitoring, spend management, and RFQs in one platform.
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