What We Talk About When We Talk About Last Time Buys
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…
Live on EPS News: How OEMs Can Compress Their Cash-Conversion Cycle
“If one of your supply chain partners suffers a debilitating disruption, how quickly can it recover? A healthy company should have the working capital on hand to take immediate financial action. Determining the overall health…
The Dangerous EOL Assumption Regarding Electronic Components
The EOL designation granted to an electronic component approaching obsolescence used to have a certain meaning to OEMs. It indicated that the component was ending its natural buyer cycle, that customer demand had slipped beyond…
What Makes Partstat BOM Monitoring Unique
Component price inflation, escalating consumer demand, and suppliers’ inability to expand production has quickly turned BOM monitoring from a luxury into a critical element of a successful supply chain. In a recent press release, Gartner…
Don’t Be a Salmon, Embrace Last Time Buys
Salmon are fascinating creatures in that that they are created with an inherent instinct to defy the natural order. In a world where common sense and logic nudge all forms of life toward the path…
The Benefits of Partstat’s Rapid RFQ System
The role of an OEM buyer specialist is centered around sending RFQs for acquiring critical inventory. While we have long evolved beyond the need for landlines, pens, and paper to complete the process, many of…