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IHS Markit Electronic Parts Solutions

Develop a healthy component supply chain that boosts productivity, cuts costs and mitigates risk.

Throughout the lifecycle of your products, managing the electronic devices used in them presents many challenges. Components are becoming increasingly complex and often have shorter lifecycles due to constant innovation in the industry. Engineers must pick components that meet diverse criteria, including technical, environmental, financial and market requirements. At any time, your supply chain can be disrupted by changes, such as environmental and export compliance regulations, economic conditions, counterfeit risks, product change notices (PCN) and end of life (EOL) notices, along with disruptive and rapidly improving technology.

IHS Markit Electronic Parts Solutions help you to master these challenges, from preliminary design to decommission. Our solutions provide access to component pricing, stock availability, predictive lifecycle, compliance, counterfeit risk, and reusability information. Our solutions facilitate the integration of parts reference content into your internal enterprise systems enabling your engineers to make better-informed decisions that support a healthy parts supply chain.

Underpinning each of our solutions is the world’s most accurate and up-to-date electronic, electro-mechanical and fastener database with over 650+ million parts and growing. No other provider covers the depth and breadth of components along with industry-leading cross-references, rich technical attributes, lifecycle risks, supply chain risks, environmental compliance risks, current and historical datasheets and more.

Talk with us today to learn how you can:
  • Achieve procurement savings
  • Advance the use of common parts
  • Augment and update your internal information systems
  • Control/reduce costs for material overhead and production
  • Expedite regulatory compliance
  • Optimize your parts supply chain
  • Streamline your data management
  • Win more business and negotiate favorable quotes

Solutions for Electronic Parts

Parts supply management
  • Reliable, unbiased source to monitor component status for parts 24/7 – including PCNs, EOLs and regulatory compliance information for over 618 million components
  • Lifecycle forecasts to manage obsolescence and prevent late-stage design changes
  • Identify all products with at-risk components and impacted BOMs and owners rapidly
  • Mitigate supply chain disruptions by finding part alternates – with over 569 million part replacements – and suppliers

Choose:
BOM Intelligence
Parts XML Web Services API
Parts Intelligence
PCNalert

Regulatory and environmental compliance Sourcing & Pricing Support
  • Source the best price by using a single repository with unbiased, standardized information for component part pricing and availability
  • Negotiate contracts based on "true" average customer pricing
  • Avoid counterfeit parts with access to early alerts and the leading database of authorized suppliers
  • Synchronize this information with your internal ERP/PLM to optimize spend based on part use

Choose:
Parts Intelligence
BOM Intelligence
Parts XML Web Services API

Control design, production and lifecycle costs
  • Compare parts and vendors
  • Identify ways to reuse parts
  • Buy from preferred manufacturers
  • Find alternate suppliers/manufacturers
  • Buy parts that are near end-of-life to avoid redesign expense

Choose:
BOM Intelligence
Parts Intelligence

PLM data integration
  • Provide users with quick, unified access to a single application to manage all parts information across the entire organization, including technical data, datasheets, EOLs, PCNs and compliance information
  • Supplement internal data with IHS Markit reference content for complete obsolescence, environmental, export and procurement information throughout the lifecycle
  • Cleanse data prior to loading into internal systems

Choose:
Parts XML Web Services API
Content Services
Parts Intelligence
BOM Intelligence

Sell/quote electronic components
  • Win more business and increase market share with better electronic parts information access
  • Provide cross-references to competitor’s parts on your website to direct customers to your parts and inventory
  • Process RFQs faster than your competitors
  • Integrate cross-referencing and lifecycle part pricing into your quoting/ERP systems for a seamless customer experience

Choose:
Parts Intelligence
BOM Intelligence
Parts XML Web Services API

Customer Testimonials

“A lot of companies ‘obsolete’ their way to profitability. We don’t do that... When a competitor obsoletes a part, customers can run into inventory shortages for that part. Our customers know that if they come to the TI site, they’ll find a cross.”

– Mike Hastings, Director, Content Syndication, Texas Instruments

“With the IHS Markit data, we can gain a true picture of the composition of the product from top to bottom, so we can instantly and confidently tell the import/export country and customers whether or not we comply. We reduced delivery time of compliance documentation about RoHS and REACH from weeks to less than 2 days. That’s an estimated 86 percent increase in efficiency.”

– Kimara Chin, Data & Business System Manager, Trimble

Experts

Greg Wood

With more than 20 years of experience in the component information business, he has in-depth knowledge of component taxonomies, attributes, data mapping and integration, component environmental compliance legislation and component export compliance reporting.Prior to IHS Markit, Mr. Wood worked in various technical roles for CADIS, Partminer, Tecnetics, ISEC, the Denver Institute of Technology and numerous contracting positions. He holds a Bachelor of Science in mechanical engineering from the University of Colorado, United States.

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Ross Beiler

Mr. Beiler has over 30 years of experience managing decision support tools used by electrical design engineers, component engineers, supply chain, compliance, and sustainment professionals. The tools support solutions for engineering, supply chain, and procurement users for numerous customers in the Hi-Tech, Telecommunications, Aerospace and Defense, Automotive, Medical, Manufacturing, and Process industries. His skills include Agile product owner, product management, project management and solution architecture of parts management systems, enterprise information systems, decision support systems, component and supplier management, component obsolescence, component environmental compliance, strategic sourcing, and workflow process automation. His technical background includes information technology, product development, database design and management, system administration, systems engineering, and electrical design.

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Scott Wilson

Mr. Wilson has over 30 years of experience developing business information services to support critical engineering, compliance, and supply chain needs. He leads IHS Markit's Content Services practice specializing in developing content, tools and processes to address product material compliance such as RoHS, REACH, SCIP; Conflict Minerals compliance; Export control; and supply chain issues such as obsolescence, constrained supply, risk, and pricing. Prior to IHS Markit, Mr. Wilson worked in technical positions at General Instrument, Tektronix, Advantest and i2 Technologies. Scott has a bachelor's degree in Physics and Computer Science from the State University of New York at Oswego. He speaks English and has a basic knowledge of French and German.

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Greg Jaknunas

Greg Jaknunas is a product manager with IHS Markit, with more than 21 years of experience in the development and management of information, parts, logistics, and standards solutions.Mr. Jaknunas is currently responsible for defining the customer-facing application functionality of the IHS Markit Standards Expert product. Recent experience includes management of the IHS Markit Haystack Gold parts and logistics solution. He has also focused on the integration of IHS Markit content with customer's internal business systems, such as supply chain management, ERP and PDM systems, with the goal of improving business processes.

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Peter Morse

He achieves win/win outcomes by working very closely with prospective customers to help them discover true value in the trial sales process. Mr. Morse has over 31 years in engineering solutions sales business development for government, aerospace and design and commercial sectors, with an additional 8 years of hands on systems design experience with IBM and StorageTech. Prior to joining IHS Markit, Mr. Morse was a pre-sales solutions architect supporting Electronic Design Automation (EDA) Design solutions for 11 years.

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