Does Today’s Inventory Need Custom Value Storage?
In the world of risk management, organizations risk comes in nearly unlimited forms — and the more one tries to map the risk landscape, the more complex it becomes. Additionally, one must also consider the quantity and scale of unknown risks — a feat that no amount of preparation can fully accomplish. This is why, especially when dealing with particularly rare, invaluable inventory critical to the sanctity of an organization’s supply chains, it can be a good strategy to take a cautious approach and favor not just risk mitigation, but outright risk elimination through the use of custom vault storage.
The last two years have given us numerous examples of the types of unknown and unforeseeable risks that could befall the modern supply chain. The full effects of the COVID-19 pandemic alone are still not fully understood nearly two years in. Historic levels of inflation, crippling demand, mass congestion at nearly all major ports across the globe, and stringent COVID-19 protocols that led to layoffs and other workforce-based issues. In certain cases, such as in the automotive industry, entire factories were temporality shut down.
2022, however, has shown us a very different kind of crisis, one that just three months ago was considered a remote, nearly outlandish possibility at best: Russia launched a full-scale assault on Ukraine. Although this is a very different kind of risk, both this attack and the COVID-19 pandemic have consequences for the global community that will take years to fully comprehend. Possible sanctions on the Russian energy sector, for example, could result in a near-total standstill, and the Ukraine conflict as it stands now could already effect the global supply of neon gas — a component critical to semiconductor production. Should the conflict continue or even escalate, the risk facing organizations participating in the global supply chain is nearly incalculable.
In this uncertain landscape, there are situations where no expense should be spared maintaining business continuity regardless of the risks at play. While this is a goal largely outside the abilities of a company in-house, it can be achieved with the help of a trusted supply chain partner. Partstat, for example, offer customers the option of state-of-the-art custom vault storage as part of its Semiconductor Storage Solution. Designed to the same specs trusted by the U.S. Department of Defense, our vault is rated “best in class” for component and raw material storage and provides guaranteed protection against virtually all known risks that could compromise the integrity of the inventory. Such risks include natural disasters (fire, flood, earthquakes, etc.), electromagnetic interference, climate change, and even geopolitical risks such as war. With the help of our industry-leading desiccant dry cabinets, we can also securely store even raw die and wafer, which is particularly sensitive to moisture. Also, our vault is modular, which allows us to adjust the dimensions of the vault to store almost any type of valuable inventory regardless of quantity or scale within reason.
Not all inventory necessitates such extreme measures, but at the same time some inventory — when the integrity of the organization’s supply chain hangs in the balance — does. Whether it is particularly rare and discontinued last time buy inventory or inventory that represents and outsized investment, some types of inventory need and deserved to be protected in a way that reflects their value to the company. When the best is needed, Partstat has a solution for you.