OEMs: Before Selling Your Surplus Inventory, Read This

By Logan Wamsley

A lot bid is the most common solution OEMs use in regards to surplus inventory. There are a multitude of reasons for this and while some are valid, others are misguided and based on a lack of information of the options available to OEMs. First, it is true that when it comes to surplus or…

Partstat Excess Inventory Solution FAQ

By Logan Wamsley

Ensuring that the critical electronic components on your bill of material are readily available is an important element of any successful obsolescence management strategy, but it is not the only element. Equally important is the ability to easily transition from one product lifecycle to another without taking on added burdens caused by excess inventory. Not…

The Opportunity Costs of Excess Inventory

By Logan Wamsley

The common industry rule of thumb for excess inventory is that for every year it sits in warehousing, it can cost your company 25-30 percent of the inventory’s original value. Such costs include basic service and handling costs (handler wages, handling equipment, power and climate controls, etc.), as well as the costs of associated taxes…

Shortages Mean Big Opportunities for OEMs with Excess Inventory

By Logan Wamsley

Analyst projections regarding the current electronic component shortages have been bleak since 2017, and with 2019 nearly here, the news hasn’t gotten any better. According to Partstat uploader Avnet, lead times for new MLCC orders are now stretching beyond 50 weeks, and with demand still hovering around all-time highs, the situation is not expected to…

Exploit the Electronic Component Shortage with Excess Inventory

By Logan Wamsley

Excess Inventory. This is a crucial dilemma that arises in every company, and it negatively impacts the profitability of OEM and EMS companies in a plethora of ways. It is critical to sell this inventory as quickly as possible because your ROI decreases as time slips by. Excess inventory always seems like a hassle to…

How Much Value Can Your Free Excess Inventory Analysis Uncover?

By Logan Wamsley

The financial loss from excess inventory is a supply chain inefficiency largely viewed as unavoidable, with the security of guaranteeing a steady stream of critical inventory throughout a product’s lifecycle worth the impending write-off. That’s why when a project manager is determining where their company’s supply chain can be improved or streamlined for future undertakings,…