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With their reputation as of one of the world’s premier tech innovators to uphold, GE holds its supply chain partners to the same level of accountability it holds itself to. This is especially true with regards to the sourcing of the electronic components, which are responsible for powering the GE products customers around the world…
On March 2nd, 2018, two of the healthcare industry’s most passionate innovators announced they are joining forces to improve women’s health across the globe. As one of the most respected names in consumer electronics, as well as a valued Partstat partner, Philips has recently been making moves to concentrate on the healthcare industry. In 2016,…
Fresh off its third consecutive record-breaking quarter, a valued Partstat partner has decided to begin 2018 with a bang. On January 2nd, Arrow Electronics President and CEO Michael Long announced their intent to purchase the San Jose-based engineering firm in an effort to strengthen their portfolio of chipmaker, OEM, and electronic manufacturer products and services.…
For over 25 years, Partstat has offered their valued customers solutions for managing excess inventory. Recently, Harris Corporation reached out to Partstat to provide exactly that. Founded as a humble printing press company in 1895, Harris has evolved in the past century into one of the most powerful telecommunications companies on the New York Stock…
In an effort to reclaim a portion of their working capital tied up in excess inventory, Fortune 500 company and healthcare industry trailblazer Baxter International recently sought the expertise of Partstat.
Partstat recently purchased Last Time Buy (LTB) inventory on behalf of GE Oil & Gas, subsidiary of General Electric. With one agreement, GE Oil & Gas managed to preserve working capital for that quarter while saving significant administration costs, storage and handling costs, and distribution costs over a 10-month period. As GE Oil & Gas…