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Enterprise Layer Intelligence
Categories/General Productivity Software/LightSource
LightSource

LightSource

Founded 2021

Automate direct materials procurement and supplier quote comparisons

You can use LightSource to manage direct materials procurement from engineering specs to production. The system parses unstructured bills of materials, technical drawings, and quotes to build a standardized item master. When engineers update a CAD revision, open requests for quotes automatically update across all suppliers without resetting timelines. It calculates benchmark should-costs to reveal supplier margins, models tariff exposures, and normalizes incoming bids line by line. Teams can run award scenarios across cost, capacity, and risk factors to negotiate better manufacturing contracts.

What LightSource does

Import and clean unformatted bills of materialsGenerate should-cost models for manufactured partsSend automated RFQs to qualified component vendorsCompare landed costs across multiple vendor bidsSync CAD revisions with ongoing sourcing eventsModel allocation scenarios across supplier production capacitiesParses unstructured BOMs and technical drawings into an organized item masterSyncs engineering CAD revisions automatically across all active RFQs and quotesCalculates should-cost benchmarks and tariff exposure per componentNormalizes supplier bids line by line to compare landed costsSimulates award scenarios based on capacity, cost, and single-source risksProvides a free supplier portal for direct quoting

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LightSource, direct materials procurement, bill of materials, BOM management, RFQ automation, should-cost modeling, supplier collaboration, strategic sourcing, landed cost analysis, bid leveling, new product introduction, parts sourcing, manufacturing procurement, tariff modeling, supply chain