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Obsolescence, in some form, impacts each and every industry that manufactures a product to meet the demands of a consumer base. But just as no two products have exactly the same design or function, no two products experience obsolescence in quite the same way. One of the most important factors in understanding how obsolescence will…
In a traditional supply chain, OEMs take a decidedly reactionary approach toward component obsolescence. Detailed procedures such as a last time buy solution may be in place to help their supply chains pivot to avoid disruption, but even the most sophisticated strategy designed to mitigate the effects of obsolescence does little to get to the…
In addition to our ability to confirm component lifecycles, Partstat offers the only BOM Monitoring Solution on the market that can predict allocation before it occurs. Especially when OEMs are facing the most significant electronic component shortage in over a decade, this feature has become an indispensable part of our customers’ supply chains. Instead of…
Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one step ahead, but, in fact, you’re actually two steps behind. Obsolescence has become an urgent issue which manufacturers are more…
The benefits of adopting a BOM monitoring service need no elaboration. Lead times for once commoditized passive components are now approaching near historic highs — in some cases beyond 52 weeks — and as component manufacturers continue to ramp up production to meet escalating demand, the lifecycles of their offerings continue to shorten. The problem…
When an OEM or EMS provider decides to adopt a BOM monitoring service into their supply chain, what do they expect to receive? And once it has been received, does it really provide what today’s supply chain requires? If we are discussing the vast majority of offerings currently available, the answer is relatively simple. With…