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Despite the current component shortage, escalating lead times, and lengthening product lifecycles in many industries, the issue of long-term component storage is still an issue that many supply chain professionals forget to consider. The rise of ASICs into more product designs is well-documented – yet there still exists a misconception that these MSL-sensitive electronics can…
Big Data – What is it? Why is it important? How can it impact your supply chain in a big way? These questions are all valid, and may have crossed your mind once or twice, but it’s valuable to understand the reasons such thoughts are so prevalent. None of these questions should be ignored. If…
The use of die banking to support long-term OEM product lifecycles is becoming more commonplace by the day. Widespread concerns regarding the current state of the electronic component market is certainly one reason for this trend, but equally responsible is the education of OEM customers – who are quickly understanding how banking die and wafer…
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…
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…
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…