Electronic Component Lifecycle Platform
The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…
The future of the aerospace industry and its supply chain coming into 2020 was bright, but no one could have predicted how much would change in just a few short months. Virtually every major industry experienced significant challenges in the peak of the COVID-19 pandemic, but few were quite as widespread or highly publicized as…
It is easy to view supply chain disruption in strict terms of dollars and cents, of profits made and losses accumulated, but consequences go far beyond that. Adjusting priorities and production delays is one thing, but human consequences are quite another. Such consequences can be easily seen today in automaker supply chains, which have recently…
A vast majority of OEMs, especially large-scale OEMs, over the last two decades, have settled into using a just-in-time delivery model with regards to inventory acquisition. On many levels, such a situation makes sense; just-in-time delivery models allow the OEM to maintain their working capital and cash flow until a purchase becomes necessary, while minimizing…
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…
In the wake of the two 737 MAX crashes that resulted in the grounding of 737s around the world, aircraft manufacturer Boeing has signaled that they will be cutting production of the aircraft by approximately 19 percent in an effort to preserve on-hand capital. In addition, Boeing will also be taking additional care to provide…