Supplier Lead Time Trends – January 2020

By Logan Wamsley

One of the key features Partstat offers Part Search users and BOM Monitoring customers is access to its Big Data — more specifically, 50 billion data points of Big Data.

This data is comprised of over 56 million rows of inventory on 26 million unique parts compiled from thousands of unique suppliers and component manufacturers. With such a pool of information at our disposal, our complex algorithms allow us to accurately predict when an electronic component, semiconductor, or computer product will go on allocation. This one-of-a-kind feature gives OEMs and contract manufacturers the ability to prepare their supply chains for any potential disruption that may occur. And, as the world’s largest electronic component search engine and marketplace, all necessary orders can be done right from their dashboard, which is free to use for all Part Search users with a Partstat account.

 

Below is an example of lead time data available to Part Search users and BOM Monitoring Customers at the holistic supplier level:

As seen in the trending chart, the final months of 2019 remained relatively stable in terms of average lead times across the board, although there are exceptions. Lumileds Lighting Co., for example, which remains under the Philips umbrella, saw a jump in average lead times from 8 weeks to 12 weeks between October and November. In December, average lead times jumped again to 20 weeks, representing a 150 percent increase over a three-month period. As this indicates that certain components and/or semiconductors may be going on allocation, potential buyers would do well to take notice and place their orders immediately — or prepare to adjust their supply chains accordingly.

Part Search users and Partstat BOM Monitoring customers are able to drill deeper by viewing trending information at the Manufacturer Part Number level. Below is a chart illustrating how BOM Monitoring customers have the ability to interact with trending charts to view historical price, quantity, and lead time data at the 1-month, 3-month, 6-month, year-to-date, and 1-year perspective. To interact with trending data on parts critical to your bills of material, start your 14-day BOM Monitoring free trial by clicking here.