We buy inventory so you don't have to.
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…
Inventory is usually the largest asset, as well as the largest expense item for OEMs’ and their contract manufacturers. In fact, ten of the top companies on the Dow reported carrying over $40 Billion of inventory. As you can imagine, these companies have very sophisticated inventory management systems…but, even they can’t avoid increasing inventory levels,…
If you’ve worked in supply chain, you know that optimization is key for day-to-day management. Supply chain management is not easy and it comes with a plethora of ongoing struggles: operating on thin margins, trying to improve working capital, carrying too much inventory and the costs associated with carrying that inventory, excess materials…this list could…