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Today, SiliconExpert Technologies, a leading provider of electronic component management tools, announced the release of its new BOM (Bill-of-Materials) grading module where grades help users concentrate their electronic component risk mitigation efforts. With its risk identifying features, BOM Grading flags the highest risk parts to help narrow user efforts towards high priority issues that matter.
Grades are assigned to every BOM, analyzing four factors: Lifecycle Risk, Multisourcing, Environmental, and Inventory. These categories make it easy to flag components with obsolescence issues, identify sole-sourced parts, comply with environmental regulations, and recognize parts with low stock in the market. By identifying the highest risk parts instantly, BOM grading simplifies supply chain, obsolescence, part selection and regulation compliance issues for users.
Furthermore, the new BOM Grading module offers automated part recommendations to effectively improve BOM grades and increase productivity. Each part indicating a high risk is paired with recommendations for alternate parts to increase the health of the BOM. Users can enhance productivity by solving significant issues and showing multi-sourcing options in one single view, eliminating the need for multiple Excel sheets. Customizable to specific company needs, the Advanced Risk reporting feature creates easily shared and exportable risk reports.
"Our new BOM Grading module simplifies where to focus customer efforts when it comes to parts' risk. The module's recommendations and ability to take action towards minimizing risk gives our customers a proactive approach to part selection risk management. The goal is to facilitate access to knowledge about pertinent risk factors so users can improve the health of their BOMs." says Mohammad Ahmad, Product Manager at SiliconExpert Technologies.
Find out more about SiliconExpert's new BOM module, click here.
About SiliconExpert Technologies
SiliconExpert Technologies' Electronic Parts Database is one of the most accurate, comprehensive and current in the industry covering 185 million electronic components in hundreds of product lines from over 10,000 suppliers. End-of-life (EOL) forecasting, finding Cross References (form, fit and function alternatives), Lifecycle statuses, Parametric Data and Product Change Notice (PCN) alerts are a few of the features of SiliconExpert's suite of products that provide Part Search, BOM Management and Obsolescence mitigation solutions. SiliconExpert's customer base includes leading commercial and government OEMs, top-tier authorized distributors, contract manufacturers and component suppliers. Learn more about SiliconExpert Technologies' solutions at www.siliconexpert.com.