What Industries Need Long-Term Storage Capabilities? All of Them

By Logan Wamsley

One of the defining features of Partstat is our ability to offer OEMs a solution capable of helping them maintain “long-term” product lifecycles. While such phrasing is accurate, what “long-term” actually means varies from industry to industry. What is long for the smartphone market, for example, is not on par with even the shortest medical…

Trade the Band-Aid for a Vault: Invest in Critical Inventory Storage Solutions

By Logan Wamsley

Hurricanes. Fires. Tornadoes. Earthquakes. Flooding. Tsunamis. Oh my! There is no stopping Mother Nature. Natural disasters are something that we are not able to avoid, but they are something we can prepare for. “According to the U.S. National Oceanic and Atmospheric Administration, 2017’s weather and climate-related disasters cost a record $306 billion in the United…

What We Talk About When We Talk About Last Time Buys

By Logan Wamsley

A last time buy, as does every supply chain decision, always comes down to money – money tied up, money spent, money saved, and money made. Going further, any decision that comes down to money must also be taken within context of time. If I spend this amount now, how long until I see return…

Live on EPS News: How OEMs Can Compress Their Cash-Conversion Cycle

By Logan Wamsley

“If one of your supply chain partners suffers a debilitating disruption, how quickly can it recover? A healthy company should have the working capital on hand to take immediate financial action. Determining the overall health of a company is far more complex than simply looking at revenues and profits. Equally important, especially for investors, is…

The Dangerous EOL Assumption Regarding Electronic Components

By Logan Wamsley

The EOL designation granted to an electronic component approaching obsolescence used to have a certain meaning to OEMs. It indicated that the component was ending its natural buyer cycle, that customer demand had slipped beyond the point of being profitable, and that it was time for the supplier to move on. It was a designation…

What Makes Partstat BOM Monitoring Unique

By Logan Wamsley

Component price inflation, escalating consumer demand, and suppliers’ inability to expand production has quickly turned BOM monitoring from a luxury into a critical element of a successful supply chain. In a recent press release, Gartner predicted that “component shortages, rising bill of materials (BOM) and the resulting prospect of having to raise average selling prices…