Spend Benchmarking

SupplyLens™ Pro Plugin

Reveal your true competitive
position and savings

Benchmarking Advantages

  • Identify your greatest savings opportunities
  • Gain greater confidence in pricing negotiations
  • Shorten negotiation times
  • Identify savings on equivalent components
  • Find second source alternatives
  • Low effort, high ROI

Spend Benchmarking

Modules included

  • Overall Benchmarking Scorecard
  • Market Competitiveness by Commodity
  • Target Savings
  • Manufacturer Rankings
  • Duplication Savings
  • Arbitrage Savings
  • Single Source Risk
  • End of Life Analysis
  • CPN Reference Library

How it Works

Spend Benchmarking draws on the world’s largest and only independent database with millions of electronic components of actual prices paid by real customers.

Securely upload your electronic component spend data to receive a comprehensive spend and risk analysis with negotiating advice at your part number level. Gain true insights into your savings opportunities today!

Be Confident in your Targets

“SupplyLens™ Pro has given me a whole new approach to looking at supplier pricing. I’m a lot more confident in how my team sets our electronic component pricing targets.”

VP Supply Management
Equipment Manufacturer

AI Powered Matching

A chronic issue in the electronics supply chain is dirty data. Manufacturing Part Numbers may contain spelling errors that go unnoticed. (example 0 for a O). Spend Benchmarking uses our artificial intelligence enabled data cleaning to vastly improve component matching to deliver better results.

Secure & Confidential

Maintaining the security and confidentiality of our clients’ data is something we take very seriously. No customer data is ever released, revealed or sold. The data we receive is used only in aggregate. Learn more about our Data Information & Security here.