Paradata Solutions
Bringing Strategic Value to the Supply Chain
Paradata State-of-Art Applications Enable Supply Chain Optimization
Paradata provides an enterprise SaaS solution for organizing unstructured and structured data, as well as integrating public data, private data, and dark data, so businesses can increase operating profits. Our solutions comprise a suite of unique applications to provide deep predictive and optimization algorithms, a powerful platform consisting of a data-centered integrated infrastructure, as well as leverage a suite of common services to enable the organization and harmonization of various datasets.
BOM ADVANTAGE
Quickly analyze bills of materials to improve operating profit, reduce supply risk, and increase flexibility to adjust to demand variability
​PRICE GUARDIAN
Provides an assessment of how the contract manufacturer's quoted prices, compare to best prices often resulting in lower material costs
CATALOG OPTIMIZER
Provides catalogs, such as Parts and Vendors, and allows members to build and view authenticated datasets, leading to improved analysis plus more efficient business processes
Paradata Solutions Suite
How It Works
Paradata Application - BOM ADVANTAGE
- Upload your bill of materials and approved manufacturers list (AML)
- Enhance your AML with detailed manufacturers part information and proposed alternate parts
- Understand scenario analysis for cost, lead-time, and more
- Review sourcing details and understand the confidence in provided data
Paradata Application - PRICE GUARDIAN
- Upload part cost information to generate a costed BOM
- Compare publicly provided prices with private prices established internally or from an outsource partner
- Understand the purchase price variance and quickly review parts with the largest variance and the greatest potential for cost reduction
Paradata Application - CATALOG OPTIMIZER
- Search Paradata's Parts Catalog to find detailed part information and specifications
- Define datasets or data attributes that you are interested in and let the harvesting and Trusted Discovery Engine do their work
- Tune the engine rules to continuously improve the output based on needs