CalcuQuote’s new BOM health feature for risk assessment
CalcuQuote is now offering BOM Health, a feature designed to provide better analytics and risk assessment for Bill of Materials (BOMs).
BOM Health enables users to effortlessly inspect their BOMs, gaining valuable insights into the risk level associated with each component and line. By leveraging advanced algorithms and real-time data, this innovative feature empowers procurement and supply chain professionals to make informed decisions with confidence.
With BOM Health, users can analyse critical factors such as lifecycle, stock availability, lead time, and general market availability. With access to up-to-date and accurate information, businesses can proactively identify potential bottlenecks and mitigate supply chain risks, improving efficiency and cost savings.
"We understand the challenges that procurement professionals face in today's fast-paced and ever-changing market,” said CalcuQuote CEO, Chintan Sutaria. “BOM Health is our solution to enable them to stay ahead of the curve and make data-driven decisions for their supply chain operations."
CalcuQuote works with EMS and OEM companies to solve complex problems with industry-leading solutions. The company optimises the supply chain process by enabling customers to make more informed decisions, work faster, be more accurate, and ultimately, be more competitive. CalcuQuote’s investment in machine learning is helping to bring clarity to disjointed part numbering across the industry.