We buy inventory so you don't have to.
EMS providers commonly operate on profit margins in the low single digits. Just to remain competitive, they are often forced to walk a fine line where a few unexpected expenses can mean the difference between profitability and total insolvency. This can be fixed with the help of a Partstat EOL Last Time Buy Solution, which…
The Obsolescence Problem Component obsolescence is a widespread issue, and one that is never fully resolved. Unless a manufacturer chooses to source all necessary components in-house (a luxury in the age of global, decentralized supply chain networks), its ability to maintain extended production schedules is largely determined by its suppliers’ ability to provide regular streams…
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…
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…
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 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…