We buy inventory so you don't have to.
As the overall lifecycle of components grows shorter by the year, last time buys (LTBs) are quickly becoming the new normal for OEMs across multiple industries. To keep a product in production for its entire lifespan, manufactures must find a way to work around the lifecycle mismatch between components and the products they create. (To…
Obsolescence is one of the greatest challenges for today’s manufacturers – but it can be overcome. A manufactured product, regardless of industry or function, is, quite literally, the sum of its parts. And each end product, crafted from a wealth of electronic components, semiconductors, and peripheral products, reflects the designs and labor of dozens, even…
Partstat recently purchased Last Time Buy (LTB) inventory on behalf of GE Oil & Gas, subsidiary of General Electric. With one agreement, GE Oil & Gas managed to preserve working capital for that quarter while saving significant administration costs, storage and handling costs, and distribution costs over a 10-month period. As GE Oil & Gas…
When it comes to completing Last Time Buys necessary for the manufacturing of revolutionary products, Partstat once again proved they are the definitive supply chain partner. This time, it was Philips who required assistance with the fulfillment of a vital LTB. When a future mother looks at a monitor to see a representation their unborn…
GE Healthcare has now joined dozens of other prominent industry innovators who have taken advantage of one of Partstat’s Last Time Buy Solutions. Radiology. Ultrasound. Mammography. Computed Tomography. These are just a few of the medical disciplines GE Healthcare continues to supply with innovative products critical to a patient’s diagnosis, treatment, and recovery. But every…
It can happen to anyone at anytime. Your product has been in production for years, and suddenly you get the message from one of your suppliers and a component is on its way to obsolescence. Once you hear this, you suddenly have an elephant in the room sitting next to you named Last Time Buy. …