The 4 Most Common Mistakes Associated with Last Time Buys

By Logan Wamsley

Last time buys, even in the best of situations, rarely go smoothly. There are dozens of variables in play – and if one miscalculation is made, it could have profound consequences for your product, business, relationship with consumers, and profit margins. If you are prepared to make a last time buy, below is a brief…

Medical Devices vs. Consumer Electronics: Why Are Their Life Cycles so Different?

By Logan Wamsley

Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…

The Human Element: Your Supply Chain’s X Factor

By Logan Wamsley

Steve Jobs once said, “Technology is nothing. What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them.” Obviously, Jobs was not discussing the merits of Partstat, but he might as well have. Since 1991, our company has…