Reduce Risks and Ensure Compliance with Approved Components Lists (ACL) and Approved Manufacturers Lists (AML)
Properly managed lists of approved components and manufacturers reduce the likelihood of risky parts being added to your design. Build metrics for a holistic view of the state of your supply chain.
Having an Approved Manufacturer List (AML) reduces risk by ensuring that the manufacturers and distributers have been properly vetted by your company.
Depending on your industry, your company may have compliance requirements that limit which manufacturers and distributers you are allowed to do business with.
Limiting the number of distributers helps to reduce costs though bulk buying
Approved Components List
Having an ACL reduces risk by ensuring that the components you are using in your designs are the best and longest living components as possible
Properly maintained ACLs are a best practice. An ACL can save costs by ensuring bulk pricing discounts are applied to like parts purchased from the same distributor.
Provide Obsolescence Information to Those Who Need It
It’s important to have obsolescence information in a central place where the cross-functional team can access it. Get information about the approved parts to the design engineer. Make sure the supply chain manager is using the same source for decision making. Avoid risk by providing the team with a single source of truth.
Plan for Success
Make ACLs and AMLs part of your product strategy.
Manage Obsolescence
Ensure Compliance
Track Lead Times
Forecast Risks
Avoid Counterfeit Parts
Develop products confidently by sourcing the right parts from the beginning. Manage market risk with insights that keep you ahead of supply shifts.
Choose the right part at the right time, manage component lifecycle and obsolescence risks, access lead time, pricing and availability analysis in easy steps.
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An ACL is an Approve Components List, sometimes called an Approved Parts List. It maps internal part numbers to one or more manufacturer part numbers that have been qualified for use within a company.
What is an AML?
An AML is an Approved Manufacturer List, sometimes called an Approved Supplier List or Approved Vendor List. It is a list of Manufacturers and Suppliers that are approved by your company. Being on the list means they comply with all of your corporate and other requirements for your company to purchase from.
Why is an ACL important?
Maintaining a quality ACL is a proven way to reduce risks within your designs. It ensures that your designers are using the best possible parts with the longest life, which extends the life of your overall product.
Why is an AML important?
Having an AML may be required for your particular industry, the top 2 being Aerospace/Defense and Medical. Having an AML can also reduce costs, by forcing purchases through suppliers that you have higher discounts with.