History of the Partstat Last Time Buy Solution

By Logan Wamsley

27+ years of industry experience looks nice in bold lettering, and even better on our website paired next to one of our solutions that addresses the most pressing issues facing the modern supply chain: component obsolescence, business continuity, etc. Putting a number on our experience, however, does come with some unintended drawbacks. Just looking at…

2019 New Year Resolutions for Your Supply Chain

By Logan Wamsley

2018 has officially come and gone, and for many professionals involved in the manufacturing supply chain, the end couldn’t have come soon enough. Despite the electronic component market increasing approximately 8% – with even faster growth expected in 2019 with the rollout of 5G networks – supply has consistently failed to match the skyrocketing demand.…

How Last Time Buys Fit into Each Industry

By Logan Wamsley

Since we first implemented our Last Time Buy Solution, we have preserved over $100 million in working capital for our customers. But while it could be easily assumed that each last time buy was similar in its overall design, in fact the opposite is true. Each case is different, and our solution has the ability…

What We Talk About When We Talk About Last Time Buys

By Logan Wamsley

A last time buy, as does every supply chain decision, always comes down to money – money tied up, money spent, money saved, and money made. Going further, any decision that comes down to money must also be taken within context of time. If I spend this amount now, how long until I see return…