Medical Device EMS Providers: Are You Offering These to OEMs?

By Logan Wamsley

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…

Semiconductor Manufacturers Struggling With Obsoleting End-of-Life Components Should Read This

By Logan Wamsley

The issue semiconductor manufacturers face transitioning end-of-life (EOL) electronic components toward obsolescence is difficult to solve. While inevitable and necessary to continue offering products to the highest proportion of consumers, the risk of alienating a significant number of long-standing, loyal customers is ever present. Even with appropriate notice via a PCN, unexpected obsolescence puts legacy…

Last Time Buys Don’t Have to Be a Last Resort

By Logan Wamsley

Although last time buys are a critical element of any manufacturing process, it has been historically difficult to view them in anything but a negative light. When a last time buy becomes necessary, it means that something has not gone according to plan — a component essential to the build has unexpectedly been transitioned toward…

The Need for ROIC: How Partstat Works to Save OEM Working Capital

By Logan Wamsley

The costs of last time buy inventory go far beyond the initial cost to acquire it; in fact, according to a recent survey of equipment manufacturers, the annual costs of carrying inventory alone are, on average, greater than 21% the original cost of the product. Despite this reality however, the need to acquire last time…

Contract Electronics Manufacturers: Free Up Your Cash Flow With Partstat

By Logan Wamsley

Contract electronics manufacturers, especially in today’s environment, struggle with cash flow issues. The COVID-19 pandemic has only exacerbated the need for businesses to free up what limited capital they have on hand to not just meet their production goals, but to implement critical safety measures to keep their employees safe. “[I]n a time like this,…