Sourcing electronic components is a balancing act. Whether parts are scarce or abundant, procurement teams and engineers must secure the right components at the right price—without wasting time searching across multiple suppliers. In times of shortages, finding available stock quickly can make or break a production timeline. When inventory is plentiful, the challenge shifts to optimizing costs across distributors.
That’s where the new Octopart BOM Tool comes in. Built for speed and efficiency, it simplifies the sourcing and purchasing journey by matching your entire BOM to up-to-date stock and pricing from a vast network of manufacturers and distributors. Instead of manually comparing offers, you can search multiple parts at once with set quantities, see the best options instantly, and make informed decisions—fewer spreadsheets and manual work required.
Stop digging through spreadsheets or bouncing between supplier websites. Octopart’s BOM Tool automatically matches your components with up-to-date pricing, availability, and technical data from thousands of sources. Upload your BOM, and within seconds, you’ll see exactly what’s available—no manual searching required. The tool also normalizes your data, aligning inconsistent part names and formatting to ensure accuracy and consistency across your BOM.
Component shortages can derail your project. Our intelligent part-matching system doesn’t just identify exact parts—it also suggests alternatives when stock runs low. A color-coded system reflects manufacturer lifecycle status: green for active parts, orange for those not recommended for new designs, red for end-of-life components, and gray for unknown status. This helps you easily assess long-term viability and make informed sourcing decisions. Additionally, the tool provides compliance analytics, highlighting RoHS and REACH status to ensure your selections meet environmental and regulatory standards.
Get the best price without the guesswork. Octopart’s advanced offer optimization compares distributor pricing, ensuring you always see the most cost-effective option. For any given set quantity, the tool finds the best total cost across all distributors, leaving no stone unturned. Set your preferred distributors to prioritize their stock so your purchasing decisions align with your supplier relationships.
Your BOM shouldn’t get stuck in a format that doesn’t fit your workflow. Octopart lets you export your BOM with hyperlinks while preserving its original structure, making it easy to integrate with your ERP system or share with your team. Your data stays intact and ready for the next step in your process.
When it’s time to buy, convert your BOM into a shopping cart instantly. No copying and pasting, no manual data entry on each distributor’s website—just a streamlined checkout process that saves you time.
The tool also calculates the total price based on your selected batch size and converts costs into your preferred currency, giving you a clear financial overview at a glance.
The new Octopart BOM Tool is built for speed. Designed specifically for engineers and procurement professionals focused on sourcing and purchasing, it streamlines the journey from BOM upload to buying decisions. With instant part matching, intelligent offer comparisons, and up-to-date stock visibility, it takes the legwork out of component sourcing—so you can move faster and make better decisions with confidence.
Best of all, it’s free to use, with additional features available upon registration. Try it today and see how it streamlines your sourcing workflow and keeps your projects on track.