Load your spend
Bring your purchase prices by part number.
416 parts loaded with $357.5M in annual spend. Every row carries a manufacturer part number, so each one can be matched exactly. SN74CBTLV1G125DCKR is your largest line at $140,498.55.
Load your spend by manufacturer part number. LevaData matches each part to prices other companies pay and to prices in the market, shows you the gap, and turns that gap into a ranked list of savings to go after.
The benchmark comes from what other customers bought the same part for.
The comparison is the same part, not a category average.
You see where you stand against each.
Bring your purchase prices by part number.
416 parts loaded with $357.5M in annual spend. Every row carries a manufacturer part number, so each one can be matched exactly. SN74CBTLV1G125DCKR is your largest line at $140,498.55.
Each part is lined up against the same part bought by other customers and sold in the market.
All 416 parts matched to at least one benchmark. The lowest one differs by part: an alternate for UMK105B7222KV-F, your own internal minimum for RK73B2ATTD201J, and the LevaData benchmark for SPM6530T-1R5M100.
Your price sits next to each benchmark, so the gap is visible in dollars.
Q2: renegotiated below distributor
Your cost for UMK105B7222KV-F has come down from $0.00480 to $0.00141, but it is still 52.5% above the $0.00067 alternate benchmark. Closing that gap is worth $15,983 a year.
The gaps become a prioritized list of where to renegotiate.
Sorted by spend, highest first
329 parts are priced above benchmark, worth $10.1M in total. Start with AF0402FR-07100RL: it has the largest gap at 89.9% and the largest savings at $88,461.
Average discount by part and by vendor shows which vendors you overpay and on which parts.
Vendor A carries the widest gap, averaging 57.2% above benchmark, while Vendor D is already 10% below. Internally managed parts hold 56% of the capturable savings.
Lead times and lifecycle status, weighted by spend, show where supply risk sits before you renegotiate.
$103.4M of spend, 31.3%, sits on parts with lead times over 16 weeks, and $151.2M is on discontinued or EOL parts. Secure supply or qualify alternates on those before renegotiating price.
Part Insights adds lifecycle, alternates, and your own data beside each opportunity, and AI explains it in plain language.
The benchmark fell 48% this year. Your cost stayed flat.
You pay $0.00141 against a $0.00067 alternate benchmark, a 52.5% gap worth $15,983 over the next four quarters. The contract expires in August 2027 and three alternates are available, so this is a good part to renegotiate now.
Benchmark Variance Analysis compares the price you pay for each part with what the same part costs elsewhere, and measures the gap. LevaData matches every manufacturer part number in your spend to the prices other companies actually paid for it and to distributor prices, shows how far above or below those benchmarks you are, and turns the gaps into a ranked list of savings. The same gaps measure procurement performance: your average discount by part and by vendor, and the parts where you pay too much.
Compare your price with what other buyers paid for the exact same part number. At or below the LevaData Benchmark is good. Between the benchmark and the distributors' lowest price is okay. Above the distributors' lowest price needs attention. LevaData shows this for every part in your spend.
From real transactions: prices LevaData customers paid for the same part, and distributor prices. Prices are converted to US dollars with standardized commercial terms. Outdated prices, unit-of-measure errors and prices above distributor pricing are left out before a benchmark is calculated. The LevaData Benchmark is the median price customers paid.
By exact manufacturer part number. Each benchmark is the price of the same part, not an average for a category of parts.
Several, not one number: the LevaData Benchmark, the distributors' lowest price, your own lowest internal price, and the price of alternate parts where they exist. LevaData shows which one is lowest for each part, so you know the target.
Use the gap to benchmark. LevaData shows your average discount against benchmark by part and by vendor, and lists the parts where you pay above it, so you can see which vendors you overpay and by how much.
Each gap becomes an opportunity, ranked by savings. LevaData Zeta builds a negotiation plan, sends quote requests to suppliers, keeps every request and reply in one place, and sends the awarded price to the people who use it.
Connect your benchmarks to the AI assistant your team already uses. Ask which parts you are overpaying for and get your real numbers back, checked against what other companies pay for the same part.
benchmark_partsYour largest gap is NICHICON UPW1J331MHD1TO: $0.50990 against a $0.20329 alternate benchmark, worth $2,452,880.
Sample data, for illustration.An anonymized electronics manufacturer, the same parts held at constant quarterly demand. Every dollar of change comes from price.
Illustrative figures based on an anonymized customer profile.
Average discounts customers have achieved below benchmark pricing.
We run Benchmark Variance Analysis on your parts and walk you through the gaps and the ranked savings.