New blog article 🤓 Supply Chain Collaboration: Regain Control over your Electronics

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New blog article 🤓 Supply Chain Collaboration: Regain Control over your Electronics

New blog article 🤓 Supply Chain Collaboration: Regain Control over your Electronics

Find the best parts, prices and sources for your electronics

Obtain full transparency of your electronics supply chain all the way to your manufacturer’s suppliers to find the best deals and monitor changes. Be involved early on in the design phase to avoid later-stage procurability issues.

MONITOR

Observe all supply-relevant variables with ease

Easily find the right parts and PCBs in the right quantity, at the right time, and at optimal costs - all with just a few clicks. Monitor the current health status of your supply chain and receive real-time information on key metrics such as prices, lead times, market stock levels, and part life cycles. Monitor hundreds of suppliers in real-time, identify market changes, and anticipate shortages.

Real-time prices and availability from 30+ distributor and manufacturer APIs (incl. support for on-order quantities and re-reel costs)

Part alerts with email notifications on stock changes

luminovo stock alert
luminovo stock alert
luminovo stock alert
luminovo alternative recommendation
luminovo alternative recommendation
luminovo alternative recommendation

ACT

Guarantee cheap and resilient sourcing

Improve the procurability of your projects by including multiple sources and part alternatives with less effort. Luminovo automates manual work by integrating suppliers and distributors directly via APIs giving you access to contract prices as well as a library with millions of parts and PCBs. Smart algorithms help you find approved-for-manufacturing part alternatives in seconds. Easily trigger quote and manufacturing cost requests through Luminovo to get the best prices.

Best-in-class part alternative recommendations that have been approved for manufacturing before

Multiple sourcing scenarios with different order sizes and preferences for best price, fastest lead time, preferred and approved suppliers, packaging and more

COLLABORATE

Be connected up and down the supply chain

Work together with your engineering colleagues from the beginning of a project to align on suitable alternatives and sources before issues arise. Request quotations from manufacturers, distributors or suppliers with just a few clicks and automatically import received quotations. Our AI-based importer even supports extracting offers from PDFs.

AI-based quote importer for PDFs from suppliers

In-app collaboration to resolve issues and approve part alternatives via comments and user tagging

luminovo ai-based importer
luminovo ai-based importer
luminovo ai-based importer

Case studies

Lacon cut operational efforts in procurement

"With Luminovo we’re finally moving away from our Excel-based processes and into a truly digital age of finding the best prices and sources.”

Problem

To meet growing demand, while dealing with unstable supply chains and specialist shortage, Lacon needed to reduce the complexity and manual work needed to find the right parts for the best price. They started developing their own software internally before they decided to become Luminovo’s early-stage co-development partner.

Solution

With the help of Luminovo, Lacon has moved away from Excel-based processes and increased the time they take from BOM upload to ready-to-send quotation by 80 percent. They were able to automate 30 percent of their sourcing and calculation processes leaving their specialists capacity for more complex tasks.

Read the full article

Lacon cut operational efforts in procurement

"With Luminovo we’re finally moving away from our Excel-based processes and into a truly digital age of finding the best prices and sources.”

Problem

To meet growing demand, while dealing with unstable supply chains and specialist shortage, Lacon needed to reduce the complexity and manual work needed to find the right parts for the best price. They started developing their own software internally before they decided to become Luminovo’s early-stage co-development partner.

Solution

With the help of Luminovo, Lacon has moved away from Excel-based processes and increased the time they take from BOM upload to ready-to-send quotation by 80 percent. They were able to automate 30 percent of their sourcing and calculation processes leaving their specialists capacity for more complex tasks.

Read the full article

Lacon cut operational efforts in procurement

"With Luminovo we’re finally moving away from our Excel-based processes and into a truly digital age of finding the best prices and sources.”

Problem

To meet growing demand, while dealing with unstable supply chains and specialist shortage, Lacon needed to reduce the complexity and manual work needed to find the right parts for the best price. They started developing their own software internally before they decided to become Luminovo’s early-stage co-development partner.

Solution

With the help of Luminovo, Lacon has moved away from Excel-based processes and increased the time they take from BOM upload to ready-to-send quotation by 80 percent. They were able to automate 30 percent of their sourcing and calculation processes leaving their specialists capacity for more complex tasks.

Read the full article

Interested? Let's talk.

Ask us anything during a live software demo.
Or check out a 5-min video of the most relevant features before.

Interested?
Let's talk.

Ask us anything during a live software demo.
Or check out a 5-min video of the most relevant features before.

Interested? Let's talk.

Ask us anything during a live software demo.
Or check out a 5-min video of the most relevant features before.