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The term obsolescence management strategy, while simple in theory (how OEMs adapt their supply chain when faced with critical electronic components approaching end-of-life), has a nearly infinite number of variations in the supply chain marketplace. In one regard, this is understandable given how each industry — and each manufacturer within that industry — prioritizes different…
It is difficult to read anything about today’s auto industry without diving headfirst into the discussion about the impending electric revolution. Some automakers, such as Volvo, have been extremely enthusiastic about the transition, while others like Ford have been slightly more deliberate in their offerings, careful to keep one eye on the future while keeping…
One of the defining benefits of Partstat’s Last Time Buy Solution is the ability to preserve up to 10 years of working capital. Since its introduction to the supply chain marketplace, we have preserved over $100 million in working capital for customers across the globe. Citing such a substantial benefit, however, also requires a deeper…
OEMs across the globe in nearly every imaginable industry, in some capacity, feel the impact of obsolescence on their supply chain. The reasons for the discontinuation of critical electronic components are varied, but regardless of the many forms obsolescence takes, there remains one true constant: It is an issue that no amount of oversight or…
While each industry can be defined by its own defining features and challenges, the aerospace industry stands apart as being particularly unique — and risky. By 2023, the Airbus Global Market Forecast projects there to be roughly 37,400 passenger and freight aircraft in regular rotation, up from 18,460 in 2014. Despite this growth, however, the…
With our Big Data warehouse Partstat at our disposal — consisting of over 9 billion rows of current and historical data on over 20 million electronic components, semiconductors, and peripheral products — Partstat is uniquely positioned to offer OEM customers a BOM Monitoring Solution that can monitor for component obsolescence and predict allocation in a…