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In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…
One of the common questions we receive at Partstat is who exactly are our Inventory Ownership Solutions designed for. Who is poised to take advantage of the benefits they offer, and are there any entities who are excluded from considering the service? This series of articles will try to clarify this question and highlight how…
Cash is king. This is an idiom that has long been used to drive business decisions, but in the COVID-19 economy, it has proved particularly true. On-hand capital is the life preserver that gives companies the buffer needed to survive unexpected catastrophes, such as the worldwide economic lockdown that occurred in early 2020 as a…
Some supply chain risks are predictable and even expected — and as such, OEMs, through proper foresight and preparation, can mitigate, if not outright eliminate, any issues that may occur because of them. Other risks, however, cannot be easily quantified, and therefore, cannot be predicted with any real assurance. One such instance is the inherent…