Partstat Partner News October 2021

By Logan Wamsley

Philips Creates New Scanning System to Make MRIs Less Scary for Children In an effort to ease the fear children may feel getting an MRI scan, Philips is taking a very unique approach. With their latest product, Philips Pediatric Coaching, the company is attempting to turn the process into a fun game that will bring…

China’s Alleged Hypersonic Missile Test Is Bad News for Global Supply Chain

By Logan Wamsley

In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…

Medical Device Manufacturers Have a Cost Problem

By Logan Wamsley

Manufacturers of critical, life-saving healthcare equipment deal with a myriad of complexities and regulations that no other industry has to consider. Many of these considerations require significant additional costs, and in an era that has been defined by risks and disruption include supply chain delays, inflation, raw material shortages, extensive lead times, natural disasters, geopolitical…

Tensions Between China and Taiwan Pose Catastrophic Supply Chain Risk

By Logan Wamsley

A Supply Chain Risk Years in the Making The eyes of the international community are now focused squarely on the relationship between China and Taiwan, highlighting a supply chain risk that could complicate an already strenuous year. Earlier this week, one day after China celebrated the founding of the People’s Republic of China in 1949,…