SiliconExpert Technologies, the leading provider of electronic component management tools, officially introduces their Price Analytics Tool which normalizes and displays component level pricing data on an intuitive interface, allowing supply chain managers to easily compare, analyze and manage pricing data intelligently.
OEMs with multiple distributors and contract manufacturers can now easily compare component level pricing across all global divisions using SiliconExpert's Price Analytics Tool.
For global and expanding companies, many challenges exist in assimilating new branch locations and absorbing acquired companies. Working with an array of contract manufacturers on multiple products can be a challenge to secure the best possible company pricing. Internal operations must have a system in place to create total transparency across all divisions to ensure best vendor relationships.
SiliconExpert 's Price Analytics Tool optimizes supply chain operations, providing two key factors. The tool provides an intuitive interface that aggregates and optimizes all company-wide pricing. It also draws on SiliconExpert's ability to standardize all data to one format so users can easily analyze and manage pricing data intelligently.
This easy to use tool empowers users to choose the best cost by creating global price transparency and bringing divisional pricing to one intuitive interface. The tool enhances measurement and control of how components are used across the company on a global level.
"With SiliconExpert's Price Analytics tool, OEMs can easily compare internal pricing and analyze best price data which leads to significant cost savings," says Mohammad Ahmad, Product Manager at SiliconExpert Technologies.
About SiliconExpert data:
SiliconExpert Technologies' Electronic Parts Database is one of the most accurate, comprehensive and current in the industry covering hundreds of product lines and thousands of suppliers. End-of-life (EOL) forecasting, finding Cross References (form, fit and function alternatives), Lifecycle statuses, Parametric Data and Product Change Notice (PCN) alerts are a few of the features of SiliconExpert's suite of products that provide BOM Management and Obsolescence mitigation solutions. SiliconExpert's customer base includes leading commercial and government OEMs, top-tier authorized distributors, contract manufacturers and component suppliers.
For more information, visit: siliconexpert.com