Recommendations to others considering Soley:
Soley is definetely worth a look if you are dealing with a complex portfolio structure and spend a lot of time in Excel analyses. Not only will you save time, but also new use cases of the available data might come to your mind. As a tool owner I experience my counterparts at Soley as motivated and solution oriented.
However, for us Soley is and was no plug and play solution. We spend quite some time for the definition and validation of our (custom-made) analyses and will still need a tool-owner over the next year(s) for further development and maintenance of our Soley Application. This might be different for standard applications, though. Review collected by and hosted on G2.com.
What problems is Soley solving and how is that benefiting you?
We are especially interested in exclusivity analyses, e.g.: “which components are only used in the BoMs of a predefined set of products” or “which components are only delivered by a predefined set of suppliers”.
1) Phase out process:
• Soley helps us to identify components that can be phased out along with a set of products
• Using the same analysis, the other way around we can identify in how many products/BoMs a specific component is used. That way we can identify components that are used only in a very limited number of products and hence contradict the modular principle.
• Both analyses help us to streamline our active portfolio
• Soley reduces the time that we need for the technical side of these analyses down to a couple of minutes
2) Impact analyses of risky suppliers:
• Soley helps us to identify and evaluate risky suppliers at an early stage.
• Hypothetical scenario analyses can be used to substantiate the impact of potential supplier failures.
• In the case of suppliers that are rated as critical, measures can be derived in time and, thus, delivery failures can be avoided. Review collected by and hosted on G2.com.
