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AUTOMOTIVE

Target Costing for Profitable Procurement

PartSpace AI helps automotive leaders streamline CAD-to-quote workflows, benchmark suppliers, and keep BOMs under control, from R&D through mass production to achieve potential savings.

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INDUSTRY CHALLENGES

Pain Points for Cost Engineers & Procurement Leaders

Automotive sourcing is shaped by global competition, constant cost pressure, and the need to balance speed with compliance. Cost engineers and procurement leaders face unique challenges every day.

Constant cost pressure

Constant cost pressure

Global competition and OEM demands keep margins under strain.

Poor data transparency

Poor data transparency

Legacy and active part data are fragmented and hard to manage.

Fast prototyping needs

Fast prototyping needs

Reliable cost forecasts are critical to keep innovation cycles moving.

CO₂ compliance

CO₂ compliance

Growing importance of CO₂ costs and sustainability requirements.

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OUR SOLUTION

How PartSpace Solves It

PartSpace AI brings structure and speed to automotive sourcing. By consolidating data, automating costing, and benchmarking suppliers, it empowers procurement teams to make faster, smarter, and more sustainable decisions.

Type Automotive

Central data lake

PartSpace AI brings together both legacy and active parts across programs into one searchable source, giving procurement teams the transparency they need.

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Type Automotive

Cost analysis & automation

PartSpace AI combines “should-cost” benchmarking with automated cost calculations, helping teams quickly evaluate thousands of parts and uncover savings opportunities.

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Type Automotive

Supplier selection and cost breakdown

PartSpace AI evaluates suppliers across regions on price, quality, and reliability, enabling procurement teams to select the right partner with confidence.

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Type Automotive

Procurement visibility

PartSpace AI tracks quotes and costs across global supply chains, ensuring transparency and control at every level of procurement.

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WHO USES PARTSPACE?

Empowering Every Link in the Automotive Chain

From Tier 1 suppliers to in-house prototyping teams, PartSpace connects engineers and buyers to smarter sourcing tools.

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COST ENGINEERING
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Procurement Engineers
DESIGN ENGINEERING & R&D
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Prototyping Teams
PROCUREMENT
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Tier 1 & Tier 2 Sourcing Managers
PROCUREMENT
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Global Mobility Procurement Leaders

Let's shape the future of AI-driven procurement.

Unlock cost savings, data clarity, and supplier transparency with PartSpace AI. Book your private consultation and see results in just weeks.

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TRUSTED BY GLOBAL PLAYERS

Partners & Certifications

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

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