New Expectations for BOM Monitoring Solutions

By Logan Wamsley

Nothing is immune to change in the manufacturing industry. As consumer needs change along with advancements in technology, manufacturers do not, nor do they ever, have the option of remaining idle — or at least remaining idle with the expectation of retaining market share. In order to accomplish consistent market growth, or even remain competitive,…

You Just Received a PCN…Now What?

By Logan Wamsley

If your company just received a product change notification (PCN) for a critical electronic component or semiconductor, the first thing you should do is consider yourself one of the lucky ones. Of all the electronic components that transition toward obsolescence, roughly half are issued without any prior notice. While component manufactures do strive to keep…

The Narrowing Gap Between Healthcare and Consumer Electronics

By Logan Wamsley

Not long ago, few would argue that the healthcare and consumer electronics industries had anything in common. In fact, the two industries in many respects existed as polar inverses of each other. Where one was defined by ever-shortening lifecycles in line with both short consumer buyer cycles and electronic component lifecycles, the other was defined…

The Link Between Obsolescence Management and Transparency

By Logan Wamsley

Although many manufacturing cycles in the last century have been defined by periods of consolidation and diversification (aerospace being a notable example of this), few analysts would argue that the electronics supply chain has not grown substantially more complex in a relatively short amount of time. Many industries that rarely had need for much beyond…

The Historical Costs of Obsolescence Management With Big Data

By Logan Wamsley

One of the most significant features of all of Partstat’s obsolescence management solutions — BOM Monitoring, Part Search, Excess Inventory, and API — is our access to Big Data. Through the inventory uploads from thousands of manufacturers and authorized suppliers, Partstat allows our users access to over 50 billion points of Big Data. This provides…

Preserving OEM Working Capital: Making Obsolescence Management Exciting

By Logan Wamsley

When finances enter any discussion regarding obsolescence management strategies, it usually takes one of two forms: the price of obsolescence management, and the potential cost of not implementing such a strategy. Both forms, while critical to consider, rarely elicit genuine excitement from the OEM’s perspective. Not unlike typical consumers choosing insurance plans, it can be…