How Partstat Saves OEMs 42% on Annual Inventory Carrying Costs

By Logan Wamsley

Over the past 27 years, Partstat has partnered with some of the largest and most accomplished and innovative manufacturers in the manufacturing industry. GE, Philips, Boeing, Harris, IBM, and HP have all enrolled in a Partstat solution, and all have realized benefits that only Partstat can provide. One of these is saving an average of…

Component Shortages, Obsolescence, & Allocation: The Solution You Need

By Logan Wamsley

The current high demand for electronic components has ‒ ultimately ‒ led to a severe shortage. While this has had a detrimental effect on supply chains, many manufacturers believed this would be a temporary situation. However, this component shortage may be here longer than expected. In today’s market, the supply and demand imbalance is defined…

Aerospace Vertical Integration: Where Does Our Last Time Buy Solution Fit?

By Logan Wamsley

The frequent exhaustion aerospace OEMs face relying on suppliers has had an influential impact within their supply chains. With high demands for production, this should entail an equally high level of quality that exceeds customers’ expectations. But, sadly, this is not always the case. Constantly depending upon others may take away the OEM’s ability to…

How Last Time Buys Fit into Each Industry

By Logan Wamsley

Since we first implemented our Last Time Buy Solution, we have preserved over $100 million in working capital for our customers. But while it could be easily assumed that each last time buy was similar in its overall design, in fact the opposite is true. Each case is different, and our solution has the ability…

Reactive Obsolescence Management vs. Proactive BOM Monitoring

By Logan Wamsley

Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one step ahead, but, in fact, you’re actually two steps behind. Obsolescence has become an urgent issue which manufacturers are more…

Partstat Critical Inventory Storage Solution FAQ

By Logan Wamsley

The demands of the manufacturing industry have changed drastically in recent years – and in turn, manufacturers’ long-term storage needs have greatly increased in complexity. Through such periods of rapid change, Partstat has remained at the forefront of the supply chain industry. By combining the latest technologies and innovations with valuable industry experience, we have…