The Lexi tool should be your best friend when it come to find any kind of data on your BOM`s – technical and commercial from risk or cost with spend management as the starting point – it all depends on yourself, what do you want to see or report from the available information.
Improve Internal &
External Communication
A key feature in the Lexi tool is to enable cross-functional collaboration where individuals from product, sourcing & supply and hardware teams in the organisation can view can select the information based on different areas of expertise to come together to achieve a common goal to reduce supply disturbances and cost from your supplier base.
We Collect
Actionable Data
Lexi is on behalf of our Customers collecting data from their suppliers that we process to create valuable information that we refer to as Actionable Data. Actionable data is information that provides insight into the future for the stakeholder to make fact based decision makers. In other words, while actionable data is a product of big data, it is not simply stored data in silos across the enterprise, instead it provides impact based analytics to act on.
The Only Tool
You’ll Ever Need
For manage the EMS supplier and the new products its perhaps not the only tools you need , but main one for working professional and not in excel
Spend Management
This is the heart of what we do, and it all starts with your data – cleaning it, classifying, consolidating, harmonizing. Then analyzing it with big data analytics tools and automation through machine learning. Uncover hidden costs, excessive or incorrect or inconsistent pricing, then get focused, actionable targets.
Data Analytics
Slice and dice your data into views that make sense for you. Lexi lets you set the filters and formats, making analysis quick and clear whether at component level, commodity code, supplier, manufacturer or vendor level. Smart, intuitive, visual.
Risk Management
The classic problem of not being able to “see the forest for the trees” – or vice versa – has meant that many risks have just not be feasible to identify and mitigate. Lexi’s Cloud Platform brings visibility and transparency to the mountains of data. Your suppliers’ compliance with environmental and regulatory requirements, predictive analytics for component EOL, CSR compliance monitoring, and more.
RFQ Management
Lexi enables automation of the preparation of complex RFQ packages to send to your EMS suppliers or other subcontractors. Export standard BOM and quotation formats (in your format), then re-import suppliers’ quotes for automated comparison and analysis. An end-to-end decision support system.
Cost Management
Lexi’s Cloud Platform works equally well with new products coming out of R&D as it does for mature, running products. Our data analytics can provide should-cost estimates accurate to +/- 5%
EMS Monitor
Lexi gives you the tools to be able to monitor your EMS and other suppliers at a micro level, drilling down into component costs, contract pricing compliance, PPV, cost/price history, value-add-margin (VAM) analysis, productivity development, and much more.
Savings Funnel
The Platform supports AI based costing algorithms to set pricing per component based on known and unknown factors considering the corporations total spend. This is consolidated into a savings funnel based on consolidated volumes for the customer to act on.
Contract Management
The Platform keeps track of agreed Customer contract pricing with distributor and or component manufacturers. Customer can both communicate contract prices to the EMS supplier monitor that the contract price is being implemented and used.
Component Database
All components used at manufacturing sites will be stored in the Lexi component database with where used and usage. In addition, related approved alternative components are connected to keep full traceability and risk impact analytics.
Analyze EMS Supplier Data
The primary goal help our Customer is analyzing the EMS supply chain. There’s a huge opportunity in analyzing the massive amounts of information collected that needs to be processed to ensure high level of data quality for further analytics and take an proactive approch to manage the EMS suppliers in terms of data quality, delivery and cost to secure a resilient supply chain.