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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…
The idea of clean, sustainable, renewable energy has been more than a pipe dream for decades. It is only recently, however, that its potential has moved from prototypes in science labs to being not just an environmentally safe alternative, but a commercially viable one. Not only has the cost of solar energy continually declined as…
A common misconception regarding obsolescence management is that a single strategy or process can insulate an equipment manufacturer from all obsolescence-based supply chain disruptions. Many solutions on the market may promise this, but it is a promise based on a false premise. There is, at least today, no “one-size-fits-all” obsolescence management strategy capable of being…
A common question we hear from potential customers interested in the use of our custom storage vault is if such a drastic measure is right for them. What organizations have a need for a 1,100 pound vault door and a steel-infused infrastructure designed to eliminate all known forms of externally-caused supply chain disruption? Is such…
Traditionally, equipment manufacturers have viewed obsolescence management as a strategy that requires implementation only when the market explicitly declares it necessary. Through a product change notification (PCN) or other similar channel, the buyer would be notified when a pivot is necessary. Under certain circumstances, this is not necessarily a poor strategy — such a model…
When asked what makes Partstat unique in the supply chain market, one of the first things we point to is our Custom Storage Vault. It is a feature we are incredibly proud of, and has come to define so much of what Partstat stands for in regards to innovation and the customer experience. To help…