Partspace showcases AI platform for technical procurement at AMB

At the AMB trade fair in Stuttgart, Partspace is demonstrating its AI platform, Partspace AI, designed to optimize technical procurement through the analysis of engineering data. The platform utilizes artificial intelligence to process technical drawings, CAD models, purchasing, and manufacturing data.

By analyzing these datasets, the software aims to identify cost-saving potential, support supplier decision-making, and accelerate procurement processes. The technology is specifically targeted at technical buyers, cost engineers, and procurement managers within the mechanical engineering and plant construction sectors.

A key feature being showcased is the new assembly analysis capability. This allows for the automated analysis of entire assemblies and modules rather than just individual components. The system can assign target costs and evaluate them in conjunction with supplier and procurement data, addressing complex decision-making needs in engineering-intensive industries.