Combining Big Data Analytics with Human Experience

All of the electronic product lifecycle solutions offered by Partstat are based on the best data-driven technologies the electronics manufacturing industry has to offer. While we do have some unique signifiers that easily differentiate us from those offering comparable services — our status as the first electronic component lifecycle platform, for example — what makes Partstat unique isn’t technology alone. It’s the experienced, human support that is seamlessly tied to the technologies that create solutions that are not only powerful and accurate, but personalized for each customer.

One place this can be easily seen is in our BOM Monitoring Solution. 50 billion data points from thousands of component manufacturers and global authorized resellers, combined with advanced algorithms, enable our platform to quickly gauge the lifecycle status of each individual component, including the ability to monitor and predict for both obsolescence and allocation on a customer’s bill of material. However, no data-driven BOM monitoring platform is entirely immune from inherent conflicts on any given bill of material. While one reseller may list an electronic component with an impending last time buy date, for example, another may list the same component as active.

Each BOM Monitoring Specialist on our team has many years of experience in the electronics manufacturing industry, and with Partstat’s Big Data at their disposal, each possesses the tools needed to analyze the state of the market for any electronic component more accurately than any other entity. Upon upload of your first bill of material, Partstat will assign a specialist with experience specifically relating to your industry.

When two separate authorized resellers present our advanced algorithms with conflicting data, your Partstat BOM Specialist will reach out to the manufacturer to get the full story, and then notify the customer of the results. The updated status can be viewed directly on the customer’s online dashboard, all but guaranteeing that whatever direction your supply chain goes to ensure the lifecycle of your product, it will be the correct choice. Without such a feature, the OEM may unnecessarily enter into the open market to purchase the same components at a significantly higher price, or even commit to an unnecessary redesign.

As a Partstat BOM Monitoring customer, you also have the ability to chat with your BOM Specialist straight from the Lifecycle Reports that are generated for each part we monitor on your bill of material. This Chat function further demonstrates our commitment to convenience and accessibility – critical elements of our user experience.

Just as any industry-leading OEM does, Partstat firmly believes that supply chains are only as successful as the people within them. Big Data is an invaluable supply chain tool, but the experienced BOM Specialist is what makes Partstat an invaluable supply chain “partner.” Just as we have made the human element essential to our solutions, we believe that the success of any given supply chain is dependent on our ability to be relied upon for our accuracy, our comprehensiveness, and our ability to listen to the needs of our customers.