Procurement
Streamline Your Sourcing Strategy
TechInsights' Procurement product is the ideal tool for sourcing, procurement, and supply chain professionals. It delivers a simple, reliable set of features to identify competitive pricing and ensure acceptable lead times for the components you need. This product is essential throughout various product lifecycles, from early design stages to full-scale production. Make smarter decisions and stay ahead of the competition with TechInsights' Procurement product.
1.5M+
Reports
100K+
Chip Teardowns
650+
Global Customers
30+
Years of Experience
Overview
TechInsights' Procurement solution empowers sourcing, procurement, and supply chain professionals with the tools they need to make informed decisions in the fast-paced electronic components market. With access to real-time pricing data, lead time insights, and competitive analysis, our platform ensures you can secure the right components at the right price, at the right time. Whether you're navigating early design phases or managing full-scale production, TechInsights' Procurement product provides the clarity and reliability you need to stay competitive and optimize your supply chain operations.
Key Features
- Chip Selection: Design to cost, help determine market pricing and cost for your bill of materials (BOM). This allows procurement to provide feedback to the design team to adjust the selection of components for a more cost-effective design.
- Procurement: Gain guidance on when to buy and access reference pricing before the supplier negotiation at desired volume.
- Manufacturing: Understand lead times and supply constraints and enhance operational efficiency and drive cost optimization.
- Product Life Cycle Support: Monitor component availability and lead-time impact on production. Find guidance in ongoing component price negotiations.
- Cost Reduction: Quickly identify potential cost reduction opportunities by comparing market average prices with costed BOM and find alternate lower price and lower lead-time components.
Predicting Future Node Requirements with TechInsights' Compute Analysis
Gain a competitive edge with TechInsights' Compute, leveraging in-depth analysis to predict future node requirements and optimize technology decisions.
Optimizing Compute Floorplans and Technology Selection for Faster Development
Optimize floorplans and technology selection with TechInsights’ Compute analysis. Ensure product alignment, accelerate development, and enhance design efficiency.
Using TechInsights Compute Offering to Mitigate Core Design Risk
Discover how one of the world’s leading CPU providers leveraged TechInsights’ Compute offering to enhance their semiconductor analysis and mitigate core design risk.
Cost and Risk Management
The Procurement product provides an extensive view on price and availability of semiconductor components. The tools provide a clear understanding of product cost structure highlighting potential cost reduction opportunities and specific forecasting of price and lead times helps to make purchasing decisions. Understanding of lead times gives an insight in to potential risks to production planning.
- Historical Price, Lead-Time Benchmarking, and Forecasting: Provides price and lead-time history and forecast for over 140 electronics component categories through over 50,000 manufacturer part numbers. Helps to make decisions about when to buy.
- Component Price and Lead Time: Access to price and lead times of over 20 million manufacturing part numbers. Provides a reference price for negotiations and lead times and alternates to form fit function parts with lower cost.
- “Should Cost” of Custom Semiconductors: Access to accurate "bottoms-up" cost by considering equipment, materials, labor, and facilities requirements that are country- and company-specific. It provides should cost and price of components calibrated against actual industry-reported results.
Unlock Smarter Sourcing Decisions
Drive negotiations through understanding of the right price to pay and manage your risks by understanding component availability.
Frequently Asked Questions
TechInsights' Procurement solution is a powerful tool designed for sourcing, procurement, and supply chain professionals. It provides real-time insights into pricing, lead times, and competitive analysis, helping you make informed decisions when acquiring electronic components. The platform ensures you secure the right parts at the right price and time throughout various product lifecycles.
Our Procurement solution helps you identify cost reduction opportunities by comparing market average prices with your bill of materials (BOM). By accessing real-time pricing data and identifying alternative components with lower costs and shorter lead times, you can reduce overall procurement expenses while maintaining quality and reliability.
Yes! TechInsights’ Procurement product provides detailed historical data on pricing, lead times, and forecasts for over 140 electronic component categories. This insight allows you to anticipate potential supply chain issues, mitigate risks to production, and make informed purchasing decisions to avoid delays.
Our platform offers comprehensive support across the entire product lifecycle, from early design stages to full-scale production. It allows you to monitor component availability, assess the impact of lead times on production schedules, and navigate ongoing price negotiations to maintain cost-effectiveness.
The "Should Cost" feature provides an accurate, bottoms-up cost analysis of custom semiconductors, factoring in materials, labor, equipment, and facilities requirements. This tool helps you understand the realistic costs associated with semiconductor production and ensures your pricing decisions are based on real industry data.
TechInsights’ Procurement product gives you access to reference pricing, historical price data, and lead-time benchmarks, all of which are crucial for negotiating better deals with suppliers. By understanding the true cost and availability of components, you can drive more effective negotiations and secure the best pricing and lead times.
Our solution provides insights into potential supply chain risks by giving you a clear view of component lead times and availability. This helps you anticipate and mitigate potential delays or disruptions, ensuring smoother operations and more efficient management of your supply chain.
Yes, while it is particularly beneficial for electronics and semiconductor industries, TechInsights’ Procurement solution is designed to be versatile and can be applied across various sectors where sourcing and procurement are essential to production and design processes.
Maximize Wafer Efficiency with TechInsights’ Die Calculator
The Die Calculator from TechInsights empowers engineers, procurement specialists, and finance teams with the insights they need to understand die utilization and yield with confidence.
Earth Day 2025: A Progress Report on Sustainable Semiconductor Manufacturing
Can the chip industry scale innovation and sustainability? Discover the current state of green tech in one of the world’s most energy-intensive sectors.
Stay ahead of the curve with TechInsights Tariff Watch, your go-to resource for timely and in-depth analysis on the shifting landscape of tariffs and their impact on the tech industry.
The Authoritative Information Platform to the Semiconductor Industry.
