Increasing efficiencies in global parts management.

Aftermarket and Parts

Addressing the industry pain points

Consolidation after an M&A event:
  • Addressing duplicate parts in service parts population
  • Parts duplication arising out of new product offerings
  • Duplicate parts arising from purchase of OEM products and re-branding without validating existing part libraries
Inventory management:
  • Overstocked depots
  • Engineers, buyers, warehouse operations and quality staff spending unnecessary time on the maintenance of the excess parts
  • Locked-up capital owing to excess inventory
Differential part pricing across the supply chain:
  • The same part existing under different part numbers and price points leading to confused dealer choices
  • The suppliers taking advantage of the confusion and supply the same part under different part numbers to the OEM, usually at different price points at different locations

A platform-based approach for parts management

Solution Change management Parts consolidation Service kits management Parts catalog Pricing management Production Part Approval Process (PPAP) eCommerce
Service stack
  • Change management processing support
  • 3D design and drawing creations
  • Release in PLM/PDM
  • Data mining
  • Parts rationalization
  • De-complexity
  • Physical kit validation
  • Innovative marketing kit development
  • Obsolescence and overstock support for kits
  • Noun validation and classification
  • Catalogue maintenance
  • Smart pricing
  • Should costing
  • PFMEA and controls plan documentation support
  • PPAP processing
  • APQP facilitation
  • Data analysis to build an e-commerce tool
  • Attribute gathering and cleaning
Application stack
Change management tool Parts consolidation tool Service kits tool Parts catalogue BOM/Harness costing PPAP tool e-commerce tools

Service Offerings

Design
  • Re-manufacturing support and publications
  • Reverse engineering for resourcing
  • Service parts design support
  • Standard parts design kits validation — kit tool
Change management & release support
  • Engineering change updates on service parts
  • Release activity in PDM based on engineering changes
  • Parts database maintenance
Purchasing
  • Should costing support for supplier selection for new parts and supplier negotiation for existing parts - RFQs
  • Prototype parts procurement
  • Sourcing and supplier management
  • ISIR processing for vendor parts - quality module
Sales and after sales
  • Parts catalogue management
  • Parts description standardization
  • Sale order processing
  • Warranty claims processing
  • Service quote generation
Cost savings
  • Parts rationalization
  • ABC analysis
  • Inventory management
  • Smart pricing
  • De-complexity
  • Value stream mapping

Do you know?

  • Our software - costCompare for wire harness costing is used by global OEMs. costCompare significantly reduces the time taken to cost harness and generate reports based on material, machining and labor costs instantly.
  • We have mined 100,000+ parts that were distributed across 75+ commodities using an exclusive tool to group parts with similar attributes and aid rationalization. With the combination of tool and service we eliminated 10,000+ duplicate parts from the inventory (Soft and hard savings)
  • For a global OEM, we have performed pricing analysis for 200,000+ parts across 120+ commodities in a short span of 18 months.

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