Partstat Partner News November 2021

By Logan Wamsley

GE Announces Split into Three Public Companies In a recent statement, GE has officially announced that it will be broken up into three separate, publically-traded entities. The three separate businesses will focus on aviation, healthcare, and energy. According to GE, the healthcare entity will be spun off to shareholders hopefully by early 2023, with the…

Shadow Inflation and the Effect on Inventory Carrying Costs

By Logan Wamsley

Most people are familiar with the concept of inflation, a monetary phenomenon that occurs when individual currently loses its value. As a result, basic goods and services increase their prices to maintain profitability, while personal income such as wages often stay stagnant as individuals see their dollars stretching less and less. Taken to its extreme,…

New Data Reveals Depths of Supply Chain Crisis

By Logan Wamsley

The modern supply chain is in a crisis. Although supply chain disruptions occur in some form annually, and major disruptions occur in cycles at least every few years, 2021 is proving to be a different beast. Inflation, raw materials shortages, port congestion, political tensions within nations that constitute critical pain points for critical electronic component…

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…