LevaData Platform's Custom Part Intelligence has Custom Part Benchmarking for Plastic, Resins, and Metals. Custom part cost models, typically tracked in Excel, can be quickly loaded via Upload Data to see price variance of material and machine rates and savings opportunities through normalization.
Self Data Ingestion and Diagnostic
Within Custom Part Intelligence, you can navigate to Upload Data, then (1) select the type of data that you want to upload, (2) acquire a standardized template to input your data, and (3) provide the completed file for uploading and processing.
There is no need to convert the files; you can use the format you have already to quickly see price variance and enforce the savings you have already negotiated. Users will have increased confidence in their ability to realize opportunities by comparing values at their minimum or weighted average costs.
AI Data Ingestion for custom part data enables diagnostics, validation, and rationalization to inform you what in your data needs fixing and how it impacts your total Direct Material Spend. When Uploading Data, this feature will Identify and Report validation errors, provide detailed error descriptions, and provide recommendations on fixing the issue.
The diagnostics tool will perform the following with some examples identified above:
- validate formatting errors
- highlight missing or duplicate data
- harmonize and normalize named entries
- identify numeric and monetary values far out of expected ranges.
This feature should rapidly improve the agility of the LevaData Platform, allowing users to see their analyzed custom part data in the platform in minutes rather than days, which grants immediate insights for sourcing custom parts in your supply chain.