The Hidden Fees Behind Inventory Carrying Costs

By Logan Wamsley

No manufacturer is under the delusion that warehousing inventory for any length of time comes without inherent costs. But as terms continue to increase, many manufacturers are surprised by just how quickly they accumulate, and how many different forms they take. Inventory carrying costs represent somewhat of a catch-all term, and can be associated with…

How Partstat Saves OEMs 42% on Annual Inventory Carrying Costs

By Logan Wamsley

Over the past 27 years, Partstat has partnered with some of the largest and most accomplished and innovative manufacturers in the manufacturing industry. GE, Philips, Boeing, Harris, IBM, and HP have all enrolled in a Partstat solution, and all have realized benefits that only Partstat can provide. One of these is saving an average of…