LTB: Lynda’s Last Worry

By Dan Crippen

The Partstat Last Time Buy Program:

  • Preserves capital
  • Allows cash flow budgeting over multiple years
  • Saves warehousing, administrative and logistics costs
  • Favorable balance sheet treatment (supply agreement vs. liability)
  • Eliminates lead time
  • Guarantees the cost of components over multiple years
  • Secures the inventory for production and service over multiple years
  • Improves delivery and service reputation
  • Protects quality by avoiding open market buys- counterfeit prevention
  • Partstat will monitor consumption and communicate any “overconsumption” or “underconsumption” that may produce shortages or excess

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