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Not long ago, Big Data was nothing more than a tech industry buzzword, not far removed from where terms such as blockchain are today. It incited excitement as to the possibilities and implications for the future of the manufacturing industry (and business as a whole), but the means to access, analyze, and incorporate such data’s…
If inventory sourcing is the heart of the manufacturing supply chain, inventory fulfillment is the blood. Whether an OEM purchases bulk quantities of critical components upfront or through a third-party vendor late into their product’s lifecycle, it is still critical that those components are at the point of assembly when needed, in optimal condition regardless…
The state of the electronic component market is always changing, and in recent years soaring demand in certain industries is forcing component manufacturers to shorten the lifecycles of their products. The moment demand dips, the market leaves these companies no choice but to transition the part toward obsolescence and shift their focus where customer demand…
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…
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…
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…