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Board Level Electronic Component Management

Decrease production costs

Managing a cost-effective product build or redesign, as well as an efficient process requires compliance with environmental regulations, avoidance of counterfeit parts, sourcing the best electronic components, effective stakeholder communication and powerful tools.

IHS Markit provides access to over 430 million electronic, electro-mechanical and fastene components in over 400 categories. From detailed technical attributes and documentation to lead-free alternates, lifecycle forecasts, and current availability and pricing data, this continually updated information resource can help you:
  • Achieve environmental compliance
  • Avoid parts obsolescence and unplanned redesigns
  • Eliminate costly buys
  • Identify the best components
  • Conform to current legislation

How IHS Markit helps you streamline production.

ChallengeSolution
Cost effective product design planningUtilize a single data source for updates on part obsolescence
Supply chain managementLeverage timely alerts to internal and external customers
Navigating the regulatory environmentAccess Up to date environmental and export regulations affecting your product

Case Studies

Minimize Disruption and Redesign with Obsolescence Alerts

Challenge
Schlumberger, the world's largest oil services company, faces the threat of part obsolescence for components integrated into its highly customized electronic monitoring systems.

Solution
Using BOM Manager and PCN Alert, Schlumberger has advance notification of end of life (EOL) and product change notifications.

Result
Schlumberger has over 800 components that have gone EOL and is holding inventory on over 500 of these components, minimizing disruption and redesign.

Reduce Costs with the BOM Manager

Challenge
Electronic component obsolescence is the second biggest risk for the United Kingdom's MoD Defense Support Group (DSG). Without the ability to forecast problem points in their supply chain, they had become less effective and were faced with escalating costs.

Solution
IHS Markit converted hardcopy BOMs to electronic and upload them into BOM Manager to determine obsolescence.s

Result
IHS Markit enabled UK MoD DSG to offer a more robust "spares and repairs" service, which was dependent upon effective obsolescence management.

Industry Success Stories

Texas Instruments Enhances Customer Service by Expanding its Competitive Cross Reference Capability

One of the world’s premier semiconductor companies increased the number of cross references in its parts database from 100,000 to nearly 2 million. In doing so, the company boosted results of its parts with the lowest searches by 52 percent and helped its customers find alternatives for obsolete parts so they can avoid the need to redesign products.

Learn more about our customer's success

Samsung Saves $77 Million and Increases Market Share with Goldfire®

This electronics industry leader strengthened its position in the DVD market by designing a breakthrough solution that achieved a 38% cost reduction in components, increased reliability by 33%, increased manufacturing productivity by 38%, and expanded its intellectual property portfolio with 13 new patents.

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IEC Electronics Defuses Supply Chain Risks and Boosts Operational Efficiency to Enhance Competitive Edge

As a leader in electronic manufacturing services, this U.S.-based company achieved strong ROI by enabling one staffer to do the work of five employees, streamlined work processes across six departments, reduced turnaround on RFP deliverables from as much as two weeks to 72 hours and enabled customers to plan for product end-of-life issues.

Learn More About Our Customer's Success

IFI Advisory uses reliable risk assessments to sustain highly competitive position in the international marketplace

IFI Advisory is a global leader in risk management consulting and supports companies in their development projects. In this brief video, IFI Advisory CEO Romolo Pacifico explains why he trusts Jane’s by IHS Markit to provide accurate and up-to-date information, and what Jane’s means to his business.

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