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There are many variables that can result in supply chain disruption, from the assembly line all the way down to the acquisition of raw materials. Most recently, these disruptions have been primarily caused by a combination of escalating demand for capacitors, resistors, and discrete semiconductors, and a notable lack of investment into capacity by component…
One of the most significant features of all of Partstat’s obsolescence management solutions — BOM Monitoring, Part Search, Excess Inventory, and API — is our access to Big Data. Through the inventory uploads from thousands of manufacturers and authorized suppliers, Partstat allows our users access to over 50 billion points of Big Data. This provides…
When finances enter any discussion regarding obsolescence management strategies, it usually takes one of two forms: the price of obsolescence management, and the potential cost of not implementing such a strategy. Both forms, while critical to consider, rarely elicit genuine excitement from the OEM’s perspective. Not unlike typical consumers choosing insurance plans, it can be…
There is arguably no greater sign of healthy company growth than news that a company is hiring new employees — and recently, despite a significant electronic component shortage that has strained many an OEM supply chain, one has not had to look hard to see this in the manufacturing industry. According to the U.S. Bureau…
The idea of clean, sustainable, renewable energy has been more than a pipe dream for decades. It is only recently, however, that its potential has moved from prototypes in science labs to being not just an environmentally safe alternative, but a commercially viable one. Not only has the cost of solar energy continually declined as…
A common misconception regarding obsolescence management is that a single strategy or process can insulate an equipment manufacturer from all obsolescence-based supply chain disruptions. Many solutions on the market may promise this, but it is a promise based on a false premise. There is, at least today, no “one-size-fits-all” obsolescence management strategy capable of being…