BROOKFIELD, WI ― January 2020 ― Part Analytics, provider of cognitive sourcing and quoting platform for direct materials, will exhibit in Booth #2254 at the 2020 IPC APEX EXPO, scheduled to take place Feb. 4-6, 2020 at the San Diego Convention Center in California. Part Analytics platform transforms direct material sourcing and quoting by digitizing manual processes based on excel spreadsheets and email.

Supply chain and quoting teams at manufacturing companies have to deal with a staggering amount of ever-changing data which consumes lot of resources when done using traditional excel spreadsheet, email and predominantly manual processes. Teams end up spending the majority of the time collecting and cleansing data that is static while not leaving enough time for executing opportunities or managing risks proactively. Even the most well-run supply chain and quoting teams that may have leverage in the market, have invested heavily in internal tools, would be leaving money on the table if they use traditional methods vs using augmented methods.

Part Analytics’ cognitive sourcing and quoting platform cleanses and enriches organizations’ internal data with public, market and community data. The Part Analytics AI engine then continuously monitors for savings opportunities and risks such as availability and compliance. Part Analytics’ platform turns the data into actionable insights so that supply chain and quoting teams can spend more time on executing opportunities vs discovery. Customers have realized up to 20 percent savings in direct material cost and reduced the time to get BOM costing from 1-2 weeks to less than 30 minutes by using Part Analytics’ cognitive sourcing and quoting platform.

Part Analytics’ SaaS platform is the one-stop shop for supply chain, quoting and engineering teams to manage direct material spend, identify savings opportunities, get real-time alerts on risk, and to turn around quotes faster.

For more information, visit www.partanalytics.com.

• Prev
• Next