As an OEM, your working day and everything you do is dictated by time and efficiency. Whether you’re getting those unexpected orders out on time or trying to increase the speed on your production lines, working your way through client enquiries as quickly as possible, and trying to be one step ahead of the competition, it’s clear that streamlining your business to benefit you and your clients is akin to swimming against the tide.
It doesn’t take much for your entire operation to come to a standstill. And while some elements of your business may run like clockwork, the areas that are neglected will only come back to haunt your output. One of the most neglected elements of any OEM or SME is the procurement process. When the purchase of your electronic components is hindered by slow price comparisons, fruitless product searches and unreliable suppliers, then the rest of your business will suffer.
It’s for this reason that more OEMs are switching to online procurement practices and utilising a BOM batch tool to purchase all of your electronic component parts. This modern approach means higher levels of accuracy, better choice, reliable vendors and an efficient, shortened procurement process, all available from one online marketplace. Want to know more? Read on to discover Why using a BOM tool could shorten your procurement process
Upload your list with one click
Whether you need an emergency part for one of your machines, or you’re manufacturing a new product and you need to source new high-quality components, the traditional procurement process meant sifting through product catalogues, searching through website after website for serial codes and numbers, all whilst making fruitless phone calls. When you use a BOM tool to shorten the procurement process, you can upload your entire Bill Of Materials with one click, helping you source the parts you need within seconds from a database of over 550 million parts.
Setting your criteria
You need a range of different parts, yet your search criteria differ for each one. If some parts need to be below a certain cost-price, or if others need to have a specific delivery date, then this can drag out the search process, making the entire job overly complicated and at risk of inaccuracies. With BOM you’ll have the ability to set your chosen criteria and preferences using the search tool provided, keeping you within budget and meeting all your requirements with just a couple of clicks.
Instant Quotes
Sourcing quotes from different suppliers, manufacturers and vendors is time-consuming and the subsequent price comparison obligations can mean waiting even longer for those crucial electrical components. With a BOM tool, once you’ve uploaded your list, you’ll receive instant quotes from over 3,000 relevant sellers, allowing you to find what you need and compare prices within minutes, as well as the latest offers and deals that may be useful to your business.
And finally, schedule your deliveries
Finding the right parts and prices is great, but you need them to arrive at the right time. With a BOM you can not only search for the parts you need by setting your delivery preferences, but you’ll also be able to schedule your deliveries in advance, effortlessly streamlining the entire process.
