Today’s sourcing professionals are working in silos, using manual

processes, and lacking timely, quality data. These circumstances

result in missed opportunities for cost savings and risk avoidance,

and unnecessary fire-fighting. In an era of doing more with less,

you can directly affect your team’s ability to avoid these costly


Paradata brings together public and private Cost, Lead time,

Risk, and Compliance data so that you can use prescriptive

insights to make timely decisions.

On average Paradata’s insights provide 5.5% savings for our


Design Advantage

Design Advantage (DA) is intended for Engineering, New Product Introduction Teams, or anyone who is involved with developing a new product or bill of material (BOM). DA gives the users all the insights and related information needed to bring a product to market in a timely manner at an optimal cost with minimal risk. DA provides all the equivalent component options available with their associated costs, availability and risk significantly reducing engineerings search time and area. DA users can upload a specific number of BOMs and utilize the SaaS for an expected duration of a products development cycle.

BOM Advantage

BOM Advantage (BA) is intended to be used by Engineering, Compliance, Sourcing & Procurement teams who are responsible for managing all aspects of a product throughout its life-cycle. BA helps deliver the information required to identify executable component savings quarter over quarter, as well as to help minimize risks associated with lead times, EOL, and Compliance issues.  BA helps supply chain and procurement leaders make smarter product and sourcing decisions with maximum accuracy and transparency.  BOM advantage is designed to allow users to keep their BOMs within the Paradata SaaS throughout a products life-cycle and alerting the users 24/7 to events around cost, availability and risk.

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