Keep track of the lifecycle of your critical components
Once you’ve found a part you like, you need to know where it is in its lifecycle. Is it still evolving? Is it mature? Is it being discontinued? Use this information to inform your design decisions. If you know where a part fits into the various stages, you can determine if a part is going to get even harder to find, or if your design stability is at risk.
Know your industry
Will demand for this component skyrocket, making it even more difficult to source? Or is the industry tooling up and increasing the global supply? By knowing the component supply and demand, you can better evaluate if “hard to find” is a temporary or permanent status.
Consider using a component library
On the design side, storing part information in a component library like an EDA (electronic design automation) tool can help engineers help find parts. With a stable and well defined component library, engineers can incorporate known and accessible parts in their designs. This can help reduce the chance of choosing a hard to find part when an alternative choice is available.
While you should minimize the use of specialized parts as much as possible, following the tips above will help reduce the associated risks.
Documenting your parts starts with the manufacturer’s part number
Once you’ve found your parts, your next steps are to get the part specifications and document the key part data.
In many small companies, this information either stays in an engineer’s head or is written on a piece of paper. But there are obvious concerns with either of these approaches — an engineer might forget part information, paper files can easily get lost and handwritten notes can be difficult to decipher. Entering data into an Excel file is a step up from this process, but even Excel struggles when comparing parts across different uses and sources. Not to mention, recording part versions and design decisions is cumbersome–if not impossible–in Excel.
Your best bet is to use an electronic data management tool. Although there will be an initial investment to load your information and train your team, it will expedite your processes in the long run. Not only will you have an electronic record of part data that is securely backed-up, but you can share your information with internal and external partners and track your design history.
No matter how you choose to document your part information, at a minimum you should capture the following things.
The manufacturer’s part number
Having the manufacturer’s part number is important — particularly when entering the production phase. As this number is used consistently across vendors, your purchasing team can use it to shop around and get the best possible pricing. Thus, your options to find the same part elsewhere increase when this information is documented.
Contract manufacturers (CMs) often don’t use distributors — they go straight to the source and can leverage manufacturing sources most companies don’t have access to. A manufacturer’s part number allows CMs to optimize for cost and lead time with the manufacturer without delay.
The vendor name and contact info
The part number isn’t the only piece of information you should capture. Documenting the vendor name and contact information is essential too — it could make the difference when you need a part in a pinch.