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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
Let an IHS Markit specialist point you to the best solution for your business need
SPEAK WITH AN EXPERT
Are the electronic components you buy impacted by recent tariffs?

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

Mr. Wood has over 20 years of experience in electronic component parts content management with companies such as CADIS, Partminer, IHS Markit and more recently, IHS Markit. Prior to this, Mr. Wood worked in manufacturing, electronic design and software engineering firms. In his current role, Mr. Wood helps to manage the content for the IHS Markit component parts database and provide insight into market trends by ensuring that appropriate solutions are made available to meet increasing parts supply chain challenges and risks. Over his career, Greg has managed development and operations groups, traveling over 20 times to India, China and Malaysia to oversee and direct operations teams. Additionally, Greg has created insight and trends on electronic component supply chain, environmental compliance, tariffs and export compliance where he presented at DMSMS, IIOM, PSMC conferences as well as to many parts customers. Mr. Wood earned a BS in Mechanical Engineering from the University of Colorado in Boulder in 1986 and was awarded 'Teacher of the Year' for the state of Colorado in 1995.

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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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Brenda Covarrubias

As subject matter expert, Ms. Covarrubias is a definitive source of knowledge and expertise in best practice workflows and tailoring solutions to meet customer business needs. She provides expert guidance between customers, sales and product management to ensure customer delight and the highest return on investment.With more than 32 years in the electronic industry, holding positions as procurement manager for various OEMs and contract manufacturers, quote analysis for distributors Ms. Covarrubias has a great understanding of the roles of electrical design engineers, component engineers, supply chain, compliance, and sustainment professionals that use component management tools.Her skills include product usability expert, being an integral part of the UX team and launching customer centric product training programs.Prior to IHS Markit, Ms. Covarrubias worked in technical positions at Tanon Manufacturing, Foxboro ICT, MTX Audio, Wyle Electronics, Arrow Electronics, All American, and PartMiner Worldwide.

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