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Once a Partstat user has created a free Part Search account, they will have unlimited access to all features Part Search offers immediately – no strings attached, no limitations, no paywalls, no trial periods. Many of these features on other comparable platforms, if they’re offered at all, are either locked until a subscription plan is…
Big Data – What is it? Why is it important? How can it impact your supply chain in a big way? These questions are all valid, and may have crossed your mind once or twice, but it’s valuable to understand the reasons such thoughts are so prevalent. None of these questions should be ignored. If…
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 predicted that “component shortages, rising bill of materials (BOM) and the resulting prospect of having to raise average selling prices…
The benefits of adopting a BOM monitoring service need no elaboration. Lead times for once commoditized passive components are now approaching near historic highs — in some cases beyond 52 weeks — and as component manufacturers continue to ramp up production to meet escalating demand, the lifecycles of their offerings continue to shorten. The problem…
When an OEM or EMS provider decides to adopt a BOM monitoring service into their supply chain, what do they expect to receive? And once it has been received, does it really provide what today’s supply chain requires? If we are discussing the vast majority of offerings currently available, the answer is relatively simple. With…
OEMs across the globe in nearly every imaginable industry, in some capacity, feel the impact of obsolescence on their supply chain. The reasons for the discontinuation of critical electronic components are varied, but regardless of the many forms obsolescence takes, there remains one true constant: It is an issue that no amount of oversight or…