10 Common Questions About Partstat BOM Monitoring
We compiled a list of the most common questions our BOM Specialists receive from prospective BOM Monitoring customers. If you have additional questions, please feel free to reach out to email@example.com, and one of our Specialists will be in touch!
What kinds of parts do you monitor?
Our Big Data allows us to monitor many different types of electronic inventory, from board-level components, to semiconductors and computer products, and much more. If you want to see if a specific part is included in our Big Data, just type in the part number in Part Search and see for yourself!
Can Partstat really predict obsolescence?
Absolutely! Our BOM Monitoring platform uses advanced algorithms along with data directly from the component manufacturers to accurately monitor and predict both obsolescence and allocation! To learn more about this unique and game-changing feature, click here.
How do you monitor for allocation?
Partstat defines “allocation” as a lead time that stretches to 16 weeks or more. We determined this window based upon our experience in the industry and what our customers deem allocation to be. Using this knowledge, we then created a set of complex algorithms to analyze our Big Data and look for a set of very specific trends, which can be read about in more detail here. When our platform recognizes these specific trends, our platform will inform the customer that it predicts the component in question will go on allocation. This knowledge gives customers a precious window of opportunity to react accordingly before an inconvenient supply chain disruption becomes unmanageable.
Does Partstat really confirm lifecycle statuses in real time?
Yes! Each BOM subscription comes with its very own human BOM Specialist who will confirm each lifecycle status of obsolete, LTB, or EOL with the component manufacturer so our customers don’t have to. It’s like having your very own personal BOM Monitoring concierge!
How does the customer receive reports, datasheets, and PCNs? Where can they be found?
Customers will first receive an email the moment there is a lifecycle alert regarding a part on one of their uploaded bills of material. By clicking the link in the email, they will be immediately directed to the Lifecycle Alert Page on their online dashboard. From there, they will be able to view all applicable datasheets, PCNs, and reports.
If a part is obsolete, EOL, or on allocation, do you show equivalent crosses or other options?
Yes, our BOM Monitoring platform is designed to suggest any and all equivalent crosses — but we also take it a step further by telling you on your Lifecycle Reports whether that cross is already on another one of your BOMs (assuming the customer has uploaded multiple BOMs). This informs the customer that the cross has already been approved on another BOMs, which saves them significant time and effort.
What do you need to upload a BOM?
For our system to properly identify the parts on a BOM, we will need the manufacturer name, quantity, manufacturer part number, and internal reference number.
How many items can be listed in one BOM?
We can monitor up to 750-line items per bill of material. There are no limits, however, on the number of bills of material a customer can upload.
How many seats will be included with my subscription?
Each customer receives 20 seats on the platform, which can be distributed across the customer’s organization as they see fit.
How long does a customer need to commit to using Partstat BOM Monitoring?
There is no long-term commitment needed! All BOM Monitoring accounts are managed on a month-to-month subscription basis. Partstat bills customers quarterly or annually, depending on the customer’s preference.