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Commitment to purchasing last time buy (LTB) inventory can be a sticky subject matter between an OEM and their contract manufacturer. In many cases the need for LTB inventory can be a sudden, unexpected expense, and one that both parties are often unequipped to handle. This is particularly true for contract manufacturers, who often operate…
With their reputation as of one of the world’s premier tech innovators to uphold, GE holds its supply chain partners to the same level of accountability it holds itself to. This is especially true with regards to the sourcing of the electronic components, which are responsible for powering the GE products customers around the world…
There is an infinite number of reasons why a manufacturer in any industry would choose to redesign, or remanufacture, a product. For some OEMs, such as Apple and their annual iPhone announcements, redesigns are expected, even championed, as reflections on how rapidly technology is evolving. It could also be an OEM’s attempt to rectify design…
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…