Procurement Professionals

Effective procurement begins with a thorough understanding of the technical specifications and requirements of the design.

Procurement professionals must be able to interpret schematics, identify critical components, and assess the overall complexity of the overall design.

With insight, procurement professionals can collaborate with PCB designers, electrical engineers, and suppliers in a clear way, making sure that the parts they buy meet design standards.

Shortages and delays due to global disruptions.

Shortages and delays due to global disruptions.

Stay informed and assess impact on product development.

Stay informed and assess impact on product development.

Ensure components meet all applicable regulations.

Ensure components meet all applicable regulations.

Leverage data analytics for informed decisions.

Leverage data analytics for informed decisions.

Bridging the gap between procurement and engineering.

Take a look at the Altium 365 BOM Portal in action and discover why early procurement involvement in the engineering process is crucial for avoiding costly design changes later on.

Get a firsthand look at how this tool can help you improve time-to-market and manage supply chain risks.

Procurement Professionals

enhance reuseability

Standardized parts libraries can enhance product quality, reduce costs, and improve efficiency. Streamline product development, risk mitigation, and regulatory compliance while promoting sustainability.

Increase collaboration

Collaboration is enhanced by engaging internal stakeholders and suppliers early. Communicating effectively, managing design changes and solving problems together, using data-driven insights, and sharing knowledge.

Obsolete Workflow

An obsolete workflow can be a costly mistake.

⭕ An engineer's annual admin workload is ~ 159 hours*.

⭕ 2.8 boards re-spins* per project, at an average cost $46,000.

⭕ Cost/availability forces replacement parts in up to 80%* of PCB designs.

* A commissioned study conducted by Forrester Consulting.

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