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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

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