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Not long ago, few would argue that the healthcare and consumer electronics industries had anything in common. In fact, the two industries in many respects existed as polar inverses of each other. Where one was defined by ever-shortening lifecycles in line with both short consumer buyer cycles and electronic component lifecycles, the other was defined…
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…