Making a Last Time Buy? Consider Your Inventory Storage Needs

By Logan Wamsley

When it becomes clear that an OEM must make a last time buy to preserve the continuity of its business model, there are often several hang-ups that result in either delays or outright rejection of the last time buy plan altogether. One of these is the discovery of how much working capital it might take…

The Relationship Between BOM Monitoring and Last Time Buys

By Logan Wamsley

At Partstat, we believe that disruption can’t be consistently overcome without taking a broad picture view of the full lifecycle of an OEM product. This includes every step from inventory procurement, to the point of assembly, to the inevitable transition toward obsolescence. This is why all of the solutions Partstat offers, while valuable on their…

The Electronics Manufacturing Industry Has a Lot to Be Thankful For This Year

By Logan Wamsley

Fast-paced, competitive business environments are not ones that often lend themselves to quiet moments of reflection. The need to continually push forward, meet deadlines and production orders, and reach the pinnacle of your industry (and remain there once that is achieved) are all-compassing goals that require near-constant diligence. As William S. Burroughs once famously said,…

Counterfeit Prevention Starts With Purchasing Direct from the OCM

By Logan Wamsley

The issue of counterfeit electronic components unknowingly entering into OEM product designs has always been an inherent risk, but as counterfeit suppliers have gotten more sophisticated in their approach and have succeeded in entering designs ranging from life-saving medical devices to military equipment, the electronics industry has of late been rushing to uncover solutions to…

What OEM Customers Want: The Value of Intellectual Property

By Logan Wamsley

Imagine that your product sits on a shelf directly next to your competition. Now imagine that your customer strolls by with their shopping cart and considers each carefully. He or she picks the product up, reads the labels, perhaps shakes it a few times, and then, almost arbitrarily, decides which to take and walks away.…

The Connection Between BOM Monitoring and Last Time Buys

By Logan Wamsley

The inventory procurement process in the middle of a production run for most manufacturers moves so fast that many engineers do not stop to consider exactly how the process is typically structured. Rather than viewing the process as a singular event, it instead can be broken down into a three-step process: notification, inventory discovery, and…