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Cost Engineering Software for Should-Cost & Design-to-Cost

Control Manufacturing Costs with Precision

PartSpace AI helps cost engineering teams understand what components should cost, why supplier prices differ and where savings opportunities exist across new and existing designs.

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Partners & Certifications

Trusted by Industry Leaders Worldwide

PartSpace powers procurement and cost engineering workflows at leading enterprises, backed by industry certifications and secure cloud infrastructure.

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Horsch
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Bmw
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Siemens
Krones
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Horsch
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Bmw
Strama
Siemens
Krones
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Clear Business Impacts

Why Manufacturers Choose PartSpace

Data-driven cost and value analysis that transforms engineering and procurement insights into measurable manufacturing savings and optimised sourcing processes.

Portfolio-wide cost optimisation

Portfolio-wide cost optimisation

Analyse thousands of components simultaneously to uncover duplicate parts, supplier consolidation opportunities, cost outliers, and hidden savings potential across the entire portfolio.

Customer-specific pricing models

Customer-specific pricing models

Generate precise should-cost using your own purchasing history, supplier quotations, engineering and market data and manufacturing knowledge.

Cost intelligence for new and existing parts

Cost intelligence for new and existing parts

Target costs for new designs before sourcing begins and benchmark existing components against historical pricing, similar parts and supplier quotations.

Accelerate Cost Engineering Workflows

Accelerate Cost Engineering Workflows

Reduce manual analysis and generate should-cost estimates, benchmarks and cost insights in minutes instead of days for thousands of parts.

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How does PartSpace AI creates cost transparency?

Engineering-Driven Cost Intelligence

Empower engineering and procurement teams with accurate cost analysis, should-cost modeling and cost optimization insights across every component and assembly.

Identify Cost Drivers in CAD-Based Parts

PartSpace AI breaks down the technical and commercial factors that influence part cost from material and geometry to tolerances, machining complexity, surface requirements, batch size and supplier capability.

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Understand how technical requirements affect supplier pricing.
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Identify supplier, order quantities, and past sourcing info.
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Compare cost structures across similar parts and suppliers.
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Spot hidden cost drivers before sending or awarding an RFQ.
Cost Breakdown
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What PartSpace AI Understands
Extract Cost-Relevant Insights from CAD and Drawing Data
PartSpace AI extracts critical insights directly from CAD and technical data, transforming complexity into clear, actionable knowledge.
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Material specifications

Automatically detects and structures material data (e.g., 16MnCr5, Al6061) for faster sourcing and compliance.

Dimensions Geometries

Dimensions & Geometries

Extracts surface areas, hole patterns, and tolerances instantly, enabling manufacturability and cost analysis.

Surface Treatments Finishes

Surface Treatments & Finishes

Identifies Ra values, coatings, and finishes so critical requirements are captured without manual effort.

Production Requirements

Production Requirements

Translates drawings into production insights, recommending the right process — CNC, molding, sheet metal, or additive.

Part Classification Grouping

Part Classification & Grouping

Clusters similar or duplicate parts across libraries, cutting redundancy and revealing savings.

Spend Analytics

Spend Analytics

Combines geometry, material, and complexity data to benchmark prices and expose should-cost gaps.

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How it Works

Implementation in few weeks

Automated cost and value analysis and supplier benchmarking instantly for thousands of parts with 2D and 3D technical drawings.

Data Connection

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PartChain: Data Processing & handling​

Start with the data you already have. We integrate technical and business information from your core systems of record (ERP, PLM, SRM, and CRM) to create a unified, reliable foundation.

Creating Your Cost Engineering Tool

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AI training based on your Data

PartSpace AI extracts geometry and attributes, combining with market data, performs mass calculation and cost-driver analysis and applies NLPP to interpret technical and commercial data across systems. Powered by LLMs, neural networks, machine learning, and regression models, it delivers should-cost , cost breakdown and supplier benchmarking.

Onboarding and Training

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Clear Outputs

Ready within 6 weeks

Your AI-powered cost and spend analytics software will be fully operational for cost engineers and procurement teams. Supported by an agile implementation team and dedicated customer success managers, you’ll unlock savings across thousands of parts in turning, milling and other manufacturing technologies.

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100% made, developed and hosted in germany

Why Industrial Leaders Trust PartSpace?

We have been developing PartSpace AI since 2021 to optimise sourcing and manufacturing process for technical components for saving time and money.

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Platform Implementation
>12%
Annual savings recognised
x20
Return on investment
50+ Experts
Dedicated to your success
55%
Faster and lower process costs
4Continents
Global customer base
100%
German made and hosted
5M+
Drawing-based parts and data sets analyzed
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SUCCESS STORIES

What customers say about us

Leading manufacturers trust PartSpace AI. Here’s how they describe the impact:

Waldemar Frank Siemens

"Already the proof of concept was very successful, achieving significant savings. During the tool implementation and interface setup, the PartSpace team provided highly competent support."

Waldemar Frank
Head of Manufacturing Intelligence, Siemens Mobility GmbH
Gerrit Glockner

"We were able to significantly reduce the workload on our A-suppliers by processing 400 different C-production parts using Partspace’s purchasing software within a year.

We use the portal for drawing parts and are very satisfied with its user-friendliness and quality."

Gerrit Glöckner
Planning & Procurement, Hainbuch GmbH
Johann Neidl

"We were able to generate respectable cost savings quickly and with minimal effort."

Johann Neidl
Head of Digitalization, HORSCH Maschinen GmbH
Martin Austermann

"Within a very short time, the system determines realistic target prices and creates a new dimension of price transparency – exactly what modern cost management in procurement needs today."

Martin Austermann
Former CPO & Executive Board Member Procurement, Husqvarna Group
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Security Is Non-Negotiable

Enterprise-Grade Security Proven and Trusted

Your data is mission-critical. PartSpace is built on enterprise-grade security, regularly tested and audited by leading independent institutions ensuring uncompromising protection and full compliance at all times.

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End-to-End Encryption

All data is encrypted in transit.

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Secure Infrastructure

Hosted on ISO 27001 & SOC 2 certified cloud providers (Azure).

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Strict Access Controls

Role-based permissions, MFA (multi-factor authentication), and SSO (Single Sign-On).

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Data Anonymization & Segmentation

Your supplier and cost data are never shared across clients.

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Regular Security Audits

Penetration testing and monitoring to identify vulnerabilities before they become risks.

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Compliance-Ready

Aligned with GDPR and industry standards to support regulated industries (Aerospace, Medical, Automotive).

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CALCULATE YOUR ROI

See how much you could save

with PartSpace AI

min. $50,000,000

min. 7,500

$6,798,750.00

saved per year

Time saved
Type Time

26,250
RFQ waiting days
15,975
people hours

Costs saved
Type Money

$6,000,000
purchasing cost
$798,750
operational costs

*Rough estimate, savings can differ based on your process.

A short strategy session with our expert.

Let’s review your current setup and identify high-impact savings opportunities together.