We buy inventory so you don't have to.
Amid ongoing issues related to the COVID-19 pandemic — which most recently have taken the form of a global chip shortfall that has the attention of lawmakers around the world — there is renewed focus on the importance of manufacturers building and maintaining long-term relationships with their suppliers and EMS providers. Continuing the Conversation on…
Last time buys are a critical element of any manufacturer’s production strategy. Due to the many inconveniences typically required to make a last time buy transaction, however, many organizations view them as a last resort. Partstat’s innovative inventory management solutions aim to change that perception and make last time buys a key component of supply…
Cash is king. This is an idiom that has long been used to drive business decisions, but in the COVID-19 economy, it has proved particularly true. On-hand capital is the life preserver that gives companies the buffer needed to survive unexpected catastrophes, such as the worldwide economic lockdown that occurred in early 2020 as a…
OEMs are not the only companies in the electronics industry that struggle with the repercussions of last time buys. EMS providers and authorized distributors alike often are forced to tie up thousands of dollars in already limited working capital to hold large quantities of end-of-life inventory on behalf of their OEM customers. Ideally, EMS providers…
Approximately eight months into the COVID-19 era, the medical device industry is still coming to terms with the effects the pandemic continues to have on manufacturing. As of this writing, the number of hospitalizations in the U.S. reached over 85,000. According to the University of Washington’s Institute for Health Metrics and Evaluation, the U.S. can…