Parts Optimization Solutions

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Parts Optimization Solutions
Supporting your engineering, sourcing, make, and
maintenance processes
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Corporate Challenges
Lesson One Killer software applications can't
compensate for bad data
Terminology variances
Incomplete data
Legacy databases
Inaccurate data
Duplicate data
Legacy databases
Inaccurate data
Multiple databases
Terminology variances
Obsolete parts
Incomplete data
Multiple databases
Obsolete parts
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Key Issue
If you cannot find a part in your internal
system.

• You cannot use it
• There is a high cost to new part introduction

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Cost to Introduce a New Part
Breakdown of Costs Costs for adding a new part
into inventory
Source Reduced Program Costs Through Parts
Management, by The Parts Standardization and
Management Committee
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Parts Optimization

• Achieves maximum part reuse
• Reduces new part introductions
• Ensures data accessibility
• Reduces sourcing costs and inventory
• Reduces global procurement costs
• Increases productivity
• Reduces mistakes resulting from enterprise-wide
  access to, and control of, data

Once your data is optimized, you can leverage
your technology and human capital investments to
perform as they were intended.
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Parts Optimization

• Makes your parts data
• Accurate
• Consolidated
• Complete
• Controlled
• Standardized
• Quickly accessible throughout your enterprise

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Cost Savings

• With a simple extract of your data, hard cost
  savings can be achieved through
• Standardizing terminology,
• Identification and removal of duplicates,
• Identification of equivalencies driving the use
  of preferred parts vendors
• Augmentation of technical characteristics for
  parametric searching
• Consolidation of multiple databases
• Corporate buys for better vendor pricing and
  delivery

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Cost Savings
For just 100,000 parts

• Percentage of Duplication..5
• Carrying cost .500/part
• By eliminating part duplication
• Savings2,500,000 /year

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About IHS
IHS has a long history and is a world leader in
providing critical parts and information
solutions

• Background
• Over 40 years of experience
• Over 3,000 employees worldwide
• Over 450 million in revenue

• Serving
• 33 of Fortune 500
• 52 of Top DoD contractors
• 25 of Global 1000 companies
• Over 15,000 customers in more than 97 countries

• Technology
• 24x7 redundant hosting center
• Over 20 million electronic pages of technical
  information
• 5.0 million investment in RD each year

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IHS Source Data

• 20 million parts
• 400,000 product catalogs
• Categories
• Electrical
• Electronics
• (Semiconductors, Passives,Connectors,
  Electromechanical, Mil-Spec Cylindrical
  Connectors 3.5M datasheets)
• Mechanical
• Optical
• Components Assemblies
• Active and Historical
• Commercial and Government

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IHS Source Data

• Manufacturer part numbers
• Standardized product descriptions
• Technical attributes and values
• Supplier data
• Historical name cross referencing from 1970
  forward
• Technical catalog pages
• Data sheets
• Procurement histories
• NSNs
• UNSPSC codes
• API PIDX standard classification
• SIC/NAICS codes
• Industry standards (U.S., International,
  National)
• Corporate standards
• Material specifications
• Classification structure

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Supporting Industries Worldwide

• Government
• Navy, Army, Air Force
• DLA
• Federal Agencies
• State and Local Governments

• Transportation
• Boeing
• United Technologies
• General Motors
• BAE

• Engineering Services
• Bechtel
• Stone Webster
• Kellogg, Brown Root
• Black Veatch

• Electronic/Electrical
• Intel Corporation
• Lucent Technologies
• Harris Corporation

• Utilities
• American Electric Power
• Tennessee Valley Authority
• Arizona Public Service
• Florida Power Light

• Petro-Chem
• ExxonMobil
• ChevronTexaco
• Shell
• DuPont

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Parts Optimization Services

• Data Classification
• Organizing components into a classification
  structure standardizes terminology and defines
  characteristics for consistent, in-depth access
  to parts.

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Parts Optimization Services

• Data Repair
• Data Repair standardizes terms and strips
  inaccuracies from your databases.
• Erroneous data and discrepancies are examined,
  corrected or flagged.
• Data consolidation then restores order to
  databases and ensures the consistency and
  uniformity of parts information.
• Duplicate data is flagged for removal.

• BLT
• BT
• BOL
• BT
• B

- B0LTT - B0L - BBLT -BOOLT

bolt
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Parts Optimization Services

• Data Enhancement
• Parts data contains a wide range of information,
  such as technical characteristics, standard
  commodity codes, obsolescence predictions, design
  alternatives, and other potential supply sources.
  
• Data Enhancement expands and fills-in the
  parameters of your databases

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Parts Optimization Services

• Data Maintenance
• Component parts information is constantly
  changing. Data Maintenance helps to ensure the
  long-term validity of your product data. Regular
  maintenance assures your product data continues
  to provide accurate, useable information.
• Data changes, additions, deletions or
  enhancements are integrated into your databases.
• Historical references are tracked and managed

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American Electric Power

• Problem
• History of allowing anyone to enter information
  into the parts database
• Mergers resulted in multiple parts databases
• Incorrect information entered
• Parts technical characteristics missing values
• Parts duplication
• Solution
• AEP data was cleaned against IHS data
  descriptions standardized part number
  inconsistencies corrected
• AEP data was augmented by filling in missing
  technical characteristics from IHS data

• Clean and complete parts information can then be
  loaded into Indus Passport

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Results

• Guaranteed optimal parts reuse
• Improved Asset Utilization
• Minimal Downtime and Cost
• Cost Containment
• Consolidation of buys resulting in lower
  acquisition costs
• Incorporation of trading partners
• Suppliers, Repair Depots, Stocking Locations
• Improved Profitability

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IHS
World Headquarters 15 Inverness Way East
Englewood, Colorado, USA 80112 Web site
www.ihs.com E-mail info_at_ihs.comPhone
1-800-716-3447 (USA)1-303-397-2896 (Outside US)
Fax [phone] (USA)1-303-397-2410
(Outside US)