We buy inventory so you don't have to.
There’s an interesting paradox that can be attributed to the aerospace industry: despite being responsible for some most advanced military and consumer-based technology the world has ever seen, the supply chain that brings such technology to life is notoriously traditional. Where OEMs in other industries have adopted various software applications to monitor inventory and establish…
Historically, it has been easy to look at the implementation of a last time buy as a mark of professional failure. While common practice and necessary to avoid a redesign or costly product discontinuation, the very act of admitting a last time buy is the optimal path forward represented an inability to properly forecast critical…
With the current component shortage and obsolescence challenges present in today’s manufacturing climate, transparency is needed now more than ever. Transparency not just regarding knowledge of where components originated, but transparency in all aspects of supply chain management. Here are three tips you can implement today to help your company accomplish this. 1. Communication Is…
Outside of our storage and fulfillment capabilities that save OEMs an average of 42 percent in annual inventory carrying costs, the feature that customers most commonly respond to regarding the Partstat Last Time Buy Solution is our ability to preserve up to ten years of OEM working capital. Without the added burden of an upfront…
For the vast majority of families, the joy of having a newborn is quickly supplanted by anxiety about the future — with the most financially taxing task ahead being funding their undergraduate studies. With tuition rates set to skyrocket yet again in the coming years, parents have to establish a long-term strategy to fulfill that…
Since its launch, we here at Partstat have worked diligently to highlight the many benefits our Last Time Solution can have for an OEM and the other companies that make up their supply chain. But while we can reference these benefits in many different ways (case studies, videos, hypothetical scenarios, etc.), without a baseline to…