Software as a Service (SaaS) featuring software for creating, organizing, and managing electronic component data in Bills of Materials (BOMs), complete with version control and lifecycle management features. It includes tools for aggregating and comparing supplier part information, part pricing, part availability, and part obsolescence information, facilitating cost constraint and availability-driven design of electronic circuits; Software as a Services (SaaS) featuring software to enable ordering parts and components from suppliers, obtaining customer pricing from vendors, comparing market prices to contracted prices, integrating data from multiple data sources to enrich part information and to enable managing, tracking, analyzing, and reporting such data in the field of electronic components