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With the help of 50 billion points of Big Data acquired from thousands of suppliers who upload their inventory to our platform, Partstat’s BOM Monitoring Solution allows us to not only accurately identify which components are transitioning toward obsolescence, but accurately predict obsolescence before it occurs. With the help of a status rating for each…
Although many manufacturing cycles in the last century have been defined by periods of consolidation and diversification (aerospace being a notable example of this), few analysts would argue that the electronics supply chain has not grown substantially more complex in a relatively short amount of time. Many industries that rarely had need for much beyond…
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…