The Evolution of the Last Time Buy
Historically, it has been easy to look at the implementation of a last time buy as a mark of professional failure. While common practice and necessary to avoid a redesign or costly product discontinuation, the…
Who’s Taking All My Inventory?
Manufacturers are quite aware that they are operating in a shortage market with major allocation issues, but do they fully understand why? Knowledge is power, and we aim to enlighten manufacturers with a quick discussion…
3 Strategies to Clear the Way for Supply Chain Transparency
With the current component shortage and obsolescence challenges present in today’s manufacturing climate, transparency is needed now more than ever. Transparency not just regarding knowledge of where components originated, but transparency in all aspects of…
The Upside of the Electronic Component Shortage
With the predictions most analysts had regarding the electronic component shortage continuing through 2018 being right on target, many manufacturers are still struggling to find answers. Lead times for certain components in some cases are…
Risk Mitigation in the Global Supply Chain
Made in America. Made in Japan. Made in China. These are the phrases every one of us has become accustomed to seeing stamped on the bottom of our consumer products, and while they are statements…
What Industries Could You Enter with Extra Working Capital in 2018?
Outside of our storage and fulfillment capabilities that save OEMs an average of 42 percent in annual inventory carrying costs, the feature that customers most commonly respond to regarding the Partstat Last Time Buy Solution…