Engineering Procurement Systems

With PARTsolutions Strategic Parts Management system, engineering and purchasing departments can work together, while also achieving their individual departments goals. Commonly known as Purchineering or Strategic Sourcing, the strategy combines “purchasing” and “engineering” to streamline both processes into a single, collaborative process.

Strategic Parts Management Overcomes Internal Obstacles

Often there are different opinions within various departments about which is the best component to select for a design. The engineering department will commonly select based on the physical specifications of the part, while the purchasing department bases their preference on vendor preference and price. The Strategic Sourcing feature within PARTsolutions Strategic Parts Management system provides both departments with visibility into the process. This visibility ensures the engineering team is selecting the part they need from an approved list of vendors.

Strategic Parts Management Also Overcomes External Obstacles

Another challenge for Purchasing departments is when external resources, such as subcontractors are working collaboratively on a project. Purchasing would like them to use the same vendors and parts as the internal engineering department for consistency, as well as to achieve economies of scale. The PARTsolutions Online Supplier Portal allows businesses to optimize communication to these subcontractors, ensuring everyone is selecting and sourcing the same parts from the same vendors.

Aims of Strategic Sourcing and Purchineering

Increase your profitability by streamlining coordination between the purchasing and engineering departments:

  • Avoid Maverick Buying: Eliminate the opportunity for engineers to specify unauthorized parts by clearly defining preferred parts and suppliers in the engineering system.
  • Make or Buy Analysis: Determine which parts are more profitable to create vs which parts can be purchased externally.
  • Global Sourcing: Choose the ideal supplier while considering the production site.
  • Product- & Supplier Transparency: Make the best decision for parts and suppliers by considering the technical and economical characteristics.
  • Kanban & Logistics Processes: Reduce the process costs for c-parts.
  • Change Management: Information about the End of Life or changes of the supplier data for purchase and engineering.
  • Cost Analysis / Design2Cost: Cost analysis on the basis of general price inquiries for standard and supplier parts or price analysis of standard-, company- and supplier parts which are already available in the ERP and PLM system.