How Last Time Buys Fit into Each Industry
Since we first implemented our Last Time Buy Solution, we have preserved over $100 million in working capital for our customers. But while it could be easily assumed that each last time buy was similar…
Reactive Obsolescence Management vs. Proactive BOM Monitoring
Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one…
Partstat Critical Inventory Storage Solution FAQ
The demands of the manufacturing industry have changed drastically in recent years – and in turn, manufacturers’ long-term storage needs have greatly increased in complexity. Through such periods of rapid change, Partstat has remained at…
A Tale of Two Manufacturers, and the Last Time Buys Between Them
With the current electronic component shortage crisis, the relationships between OEMs and contract manufacturers are of the utmost importance. Continuing to conduct business as usual is no longer an option. Success can only be achieved…
Healthcare OEMs: A Supply Chain Problem Is Everyone’s Problem
It doesn’t take much to understand that medical equipment is wildly crucial in our world today. But the prolonged lifecycles of this equipment necessitate a need for regular updates and adherence to long-term service commitments…
Reactive vs. Proactive Obsolescence Management Strategies
While all obsolescence management strategies have the same goal of ensuring the lifecycles of OEM products despite any unforeseeable disruptions, they are not all alike. Now, just because each strategy may be different in form,…