Component Engineering Services
Most companies have developed a large BOM repository, many of which are unstructured, inaccurate, or outdated. This makes it a poor source of information or analytics. While this data may reside inside a PLM, data quality issues prevent internal users from really leveraging the PLM system’s power.
Our value proposition is to deliver streamlined component data that can optimize the Supply chain function, as well as empower engineering teams to leverage the internal component/BOM database. We serve leading OEMs, contract manufacturers, Component manufacturers, Component Distributors, and Product Development Companies across the globe.
ComplianceXL offers a variety of Component Engineering Services to clients across different industries such as Hi-tech Electronics, Industrial Automation, Telecom and Medical.
Solutions for
Component Engineering
BOM Cleansing
- Validating Part Numbers
- Standardizing Manufacturer Names
- Commodity Classification
- Creating Part Descriptions
Life Cycle Management
- Component Event Monitoring Services
- Part Obsolescence Management
- Component Cross Reference
Item Master Consolidation
- Consolidating component databases
- De-duplication and cross referencing
- Identification of high risk components
- Internal Part Number assignment
BOM Cost Reduction
- Purchase consolidation
- Identification of lower cost alternates
- Low-Cost Country (LCC) sourcing
Consulting
- Create road map for a central component repository
- Design Internal Part Numbering systems
- Develop commodity coding system
- Component Database Architecture
- Data schema / taxonomy development