Engineering Standards, Reference & Tools BOM Intelligence: Bill of Material Management Software

BOM Management Software

Eliminate production risks

Need to ensure smooth production schedules? Want advance warning of important product changes? Have to navigate complex environmental or regulatory constraints?

BOM Manager helps you to oversee component and supplier risks, and enables you to monitor parts availability, changes, and compliance and production lifecycles. It aids easy lookup of components by part number, manufacturer or attributes, promoting quick side-by-side comparisons.

BOM Manager provides you the most complete access to component information via direct integration with CAPS Universe (the world's largest component database) which contains 450 million electronic, electro-mechanical and fastener components from over 4000 manufacturers, segmented by detailed technical attributes, and includes lead-free alternates, lifecycle forecasts, and current availability and pricing data.

BOM Manager is now BOM Intelligence.

You need to keep pace and compete in the most intense, unforgiving and ever-changing ecosystem in the business world. That's why IHS Markit has created the next generation of bill-of-materials tool: BOM Intelligence.

As the world's first intuitive, comprehensive and automated bill-of-materials analysis system, BOM Intelligence enables organizations to keep pace with new product innovation, avoid costly supply chain disruptions and product redesigns due to parts obsolescence, and evolving compliance regulations. Backed by the largest database of electronic parts components in the world, with nearly 500 million components, BOM Intelligence proficiently links information, people and processes to more intelligently manage your electronic component supply chain.

BOM Intelligence helps you proactively manage component obsolescence and compliance and extended supply chains as well as isolating 'at-risk' components throughout the entire product cycle. This eliminates redundancy, avoids excess inventories and component shortages and reduces the risks of using counterfeit parts, helping you to meet production targets while managing costs effectively. In addition, our industry- leading alert notification system helps you build a competitive advantage by identifying key component part changes that can affect designs, sources and even margins to drive differentiation, market share and commercial prosperity.

BOM Manager helps you improve technical, design and sourcing decisions by enabling to you to:

Select the best candidates for your design across the widest range of possible components
Eliminate redundant parts and suppliers, enterprise-wide
Avoid production interruptions due to parts obsolescence or unplanned redesign
Adhere to environmental and regulatory constraints
Monitor technology advances that can affect designs, sources, or margins
Automate analysis and resolution processes

Features

Simplify Processes

Automate
Automate part number and manufacturer name cleansing

Create
Build a database of reconciled supplier and part exceptions

Monitor
See BOM processing events and status

Consolidate
Organize and manage BOMs in a single, secure environment

Supervise
Manage cross references and multiple suppliers in a Corporate Parts List (CPL)

Administer
Monitor new, reviewed and under investigation alerts, analysis and resolution status

Comply
Generate AML records for parts that match DSCC or Military specification parts

Select
Assign the part with best life cycle score to matching AML parts

Replace
Identify alternate sources and aftermarket manufacturers

Organize
Capture analysis and resolution notes and automatically copy to matching parts across all BOMs

Risk Mitigation

Automate
Monitor component status changes, life cycle forecasts, manufacturer PCNs, EOL Notices and GIDEP alerts

Disseminate
Automate resolution processes and communication with responsible parties

Report
Document issues, resolutions, approvals, costs and other metrics

Monitor
Component status, PCN and EOL notices, GIDEP alerts, failure notices, last time buy and delivery dates, counterfeit alerts and reinstatement parts

Rate
Generate life cycle and hazardous material health scores based on the years to end-of-life forecast, number of active suppliers, RoHS compliance, lead-free status and hazardous material attributes

Comply
Access REACH material content attributes

Generate
Compile Where-Used and Commonality reports based on part number, technical characteristic, alert notice or manufacturer

Estimate
Generate 2-4-8 year availability forecasts at the assembly and part level

Industry Success Stories

IEC Electronics defuses supply chain risks and boosts operational efficiency to enhance competitive edge

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

Learn More About Our Customer's Success

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.

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Global Oilfield Services Leader Minimizes Risks/Costs by Proactively Maintaining Inventory of Electronic Components

One of the world’s largest oilfield services providers reduced uncertainty about parts obsolescence and replacement availability by providing its employees with real-time access to data for 25,000+ parts and eliminating delays to part change notices. The company also ensured compliance with latest REACH, RoHS and Export regulations.

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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.

Learn more about our client’s successes