Reorganizations, mergers, global projects, and innovation are all opportunities to create new parts across multiple programs, inevitably proliferating part references in the company catalog and thus increasing the cost to design, manufacture, test, source, and store the parts.
Applying the power of artificial intelligence (machine learning and analytics) to industrial parts enhances a company’s purchasing strategy by helping make better decisions and reveal major savings opportunities.
Download the white paper “Optimize Sourcing & Standardization of Cross-Program Parts” now to learn how AI helps procurement leaders.