NEWS LEXI EVENT
BOM Management in Engineering
Lexi leverages a global component database that incorporates components collected from all your R&D sites and EMS suppliers. We combine that data with advanced algorithms and Lexi’s data lake, to make it easy for you to choose optimal components during the development process.
Lexi’s BOM Management solution empowers engineering teams to streamline their product development process, reduce risks, and accelerate time to market. By providing comprehensive visibility into your product’s Bill of Materials (BOM), we enable you to proactively identify and address potential issues, ensuring smooth and efficient product launches.
How Lexi helps:
- Obsolescence Management
Digitalize the process by tracking and analyzing PCN (Product Change Notifications) and PDN (Product Discontinuation Notifications) in systems instead of Excel to stay updated on component changes with a correlation to product importance, revenue impact, and spare parts management. - VA/VE
Data-driven insights to improve your product profitability and resilience during the VA/VE process. - BOM Health
Automate reports to validate the health of each BOM, whether it is a new design, volume production, or a spare part to identify necessary actions before issues arise. - Cost Estimation
Automate product and BOM cost estimations by leveraging actual production prices and corporate-agreed contract pricing.
- AML Management
Monitor alternative components across the organization, including resilience scoring for the customer part number based on the MPNs’ status, and leverage PML to identify future alternative options for cost and risk reduction. - Component Database
A comprehensive global database covering all materials and components with AMLs and PMLs, prices, technology and including “a part of” functionality. Plastic, mechanical parts, PCBs, and vast amounts of information can be added to build better datasets. - Suffix Management
To be able to monitor and act correctly, suffix management is essential. A fuzzy search may work for EMS suppliers, but to keep product liability on A and B components, suffix management is necessary in a world-class engineering department.
