The Best Unified Database for Electronic Component Comparison Pricing
Altium Designer’s Content Vault is an electronic component database that holds symbols, models, and vendor parametric information, along with sourcing and pricing for similar parts comparison.
TOPICS IN THIS SOLUTION
Making component pricing and product life cycle management conflicts a thing of the past.
Altium Designer’s Content Vault provides real time pricing and sourcing of electronic parts
Electronic component pricing comparison is a discipline of collecting vast amounts of information into one place. Being able to efficiently collect sourcing and pricing data from multiple vendor sites results in huge cost savings for both small and large corporations. Cost savings occur when sourcing lower cost parts before demand is driven up. Buying early results from corporation’s ability to evaluate the worldwide market for best bargains. Bargains are had when quantities are known and parts are purchased when prices are lowest.
Most component pricing includes sourcing and requires management of more than several databases. Managing quantity needs is the realm of Purchasing departments kept busy with changing development BOMs. With preliminary BOMs going obsolete before the next design review, managing component pricing and sourcing is tricky. Purchasing partners are left scrambling for updated component information from design teams to track against multiple pricing databases. Pricing remains a moving target, difficult to manage in a constantly changing development environment.
Making one database containing all electronic components for comparison of pricing, and sourcing, is the way to go. Having that information at schematic capture is even better. Enter Altium Designer’s Content Vault. The Content Vault is an electronic component database within Altium Designer’s unified environment incorporating all necessary information for use of a part throughout its lifecycle. From early design concept through production release, all information about a component is stored in one place. Circuit designers choose and place parts into schematics to meet design needs, dimensional characteristics are available for layout designers, and pricing is available for purchasing. Everybody has access to one database dynamically managed with Altium’s software, pulling Bill of Material management into the future.
Are you spending multiple hours throughout design reviews revising BOMs for handoff to your purchasing partners? It is no wonder with electronic component databases scattered throughout the web, representing differing vendor offerings. Qualifying parts requires qualifying distributors and pretty soon you are bogged down managing it all with manual input into autonomous spreadsheets. With many details to track, information can be missed and corporations lose money to competitors.
Between capacitors and passive component prices, resistors, or a dc-dc converter or step-up voltage regulator, manufacturers have a lot on their plate when working through the production of your circuit board. Make sure your authorized distributors power electronics with market-based pricing. Devices should be produced by a PCB assembler with value-based pricing or cost-based pricing in mind for life cycle management.
The Content Vault automatically presents pricing comparisons
Electronic Component Management Doesn’t Need Disjointed Databases
Take some time to consider how you would improve parts sourcing and pricing while laying down component symbols in your schematic. Are you running multiple BOMs to your purchasing partners, while wrangling dimensional information for your layout designer? Are you spending time updating partners when you add new components to your developing circuit blocks? Keeping all parties informed when changes occur within multiple departments takes valuable development time. Wouldn’t it be nice to have each department working from the same database?
- Consider the future with unified component databases.
- Unify PCB Libraries and Remove Database Silos.
- Choose a unified database with continuous real time updates.
With millions of parts available on the world market, you need a way to quickly access information for each. With detailed information for similar parts, price comparisons are made to enable low cost solutions for your corporate budget.
Schematic and layout software have always contained symbol libraries to accompany drawings. In the early days, the libraries were disjointed, each holding information necessary for one function. Schematic part symbols represented design constraints and sometimes failed to associate with vendor parts. Electrical engineers passed vendor datasheets to the PCB librarian for inclusion in the layout library. Supply chain acquired first-look Bills of Material from EEs and input parts data into their supply management software tools.
Make sure that your electronic component distributors carry the passive electronic components to guarantee a long life cycle product. You wouldn’t want to go shopping for passive components, or active components, without having a way of checking the cost-based pricing of your supplier and assembly team. Furthermore, you should have a way of being able to compare electronic component prices built into your CAD tool.
ActiveBOM displays lifecycle information so obsolete parts are removed early
Vendor and Distributor Software Algorithms Produce Databases
Databases are slowly refining in the years since first schematic capture and PCB layout software arrived on the scene. But the libraries within those tools continue to be at cross-purposes with one another. This leads to siloing in the most collaborative environments to avoid dropping important details for successful launch. However, combining vendor and distributor information into one database would change the landscape into powerful unification. Imagine your layout designer accessing dimensions without need of datasheet delivery, or your purchasing department ordering parts that you’ve already found were readily accessible.
- Analyze your BOM within Schematic software while laying down circuits.
- See if parts are going obsolete before you use them in your Schematic.
- Put it all together during prototype with software using unified symbols.
Move into the future of electronic component pricing by using unified software that gives you choices with comparison pricing during schematic capture. You’ll not only confidently run your first Bill of Materials for purchasing, but you’ll deliver dimensioning information to your layout designer without the need for extraordinary documentation.
Altium Designer has a dynamically updating electronic component database offering price comparisons in it’s Content Vault. The Content Vault contains the world’s database of vendor parts on the market. With one parts library serving schematic capture, PCB layout, and supply chain, there is no chance of losing important details while the design propagates through each department during its lifecycle. Rather than each department keeping separate databases and libraries, the information is located in one place. PCB layout designers have access to dimensional information, associated footprints, and 3D modeling. Purchasing has access to vendors, distributors, sourcing, and pricing from early look Bills of Material through end of life.
Elegant design is built on a strong backbone with Altium Content Vault
Move to Altium’s Content Vault With Dynamic Component Pricing
During early design concept, comprehensive information about any one part is available in one place. With each symbol laid down in the schematic, Altium’s Content Vault provides comparative vendor parts with similar attributes, along with quantities available and pricing information. With side-by-side display of pricing for similar parts, circuit designers may select the most cost-effective options for their design.
- Find out how to utilize Altium’s Content Vault.
- See a dynamically-updating Bill of Material unifies departments
- Keep your PCB layout designer happy by providing footprints with your symbols.
Get the future now with Altium’s unified environment, providing one database for the world’s electronic components. Have automatic comparative pricing presented when selecting components to drive best choice. It is all available now with Altium Content Vault.