The Need for ROIC: How Partstat Works to Save OEM Working Capital

By Logan Wamsley

The costs of last time buy inventory go far beyond the initial cost to acquire it; in fact, according to a recent survey of equipment manufacturers, the annual costs of carrying inventory alone are, on average, greater than 21% the original cost of the product. Despite this reality however, the need to acquire last time…

Contract Electronics Manufacturers: Free Up Your Cash Flow With Partstat

By Logan Wamsley

Contract electronics manufacturers, especially in today’s environment, struggle with cash flow issues. The COVID-19 pandemic has only exacerbated the need for businesses to free up what limited capital they have on hand to not just meet their production goals, but to implement critical safety measures to keep their employees safe. “[I]n a time like this,…

Partstat FAQ for OCMs

By Logan Wamsley

Original equipment manufacturers (OEMs) and Contract Manufacturers (CMs) are not the only entities who benefit from the many solutions offered by Partstat. Component manufacturers also are poised to see a significant improvement in not only their own processes, but in their relationships with OEM and CM customers. To help illustrate this, we have compiled a…

Beyond Last Time Buysꓽ The Benefits for OCMs

By Logan Wamsley

When considering the prospect of making a last time buy, thoughts immediately turn to those actually making the last time buy. The recipient in the transaction, one might think, would be the one who receives the most benefit. While it is true that the equipment manufacturer receives a multitude of benefits incorporating a Last Time…

The Problem with Internal BOM Monitoring

By Logan Wamsley

A common attitude taken by many manufacturers is one of absolute control. This is understandable for many aspects of the manufacturing process; after all, third-party inefficiencies are one of the most common causes of supply chain disruption, such as when raw material shipments are lost or delayed, or when a contract manufacturer fails to meet…

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…