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…

Partstat Attends DMSMS 2019: Here’s What We Learned

By Logan Wamsley

As 2020 comes to a close, Partstat was proud to attend the 2019 Diminishing Manufacturing Sources and Material Shortages (DMSMS)/Parts Obsolescence Symposium in Phoenix, Arizona. It was a wonderful opportunity to introduce ourselves in person to the thousands of attendees who deal with the reality of obsolescence and allocation disruption on a daily basis. Many…

The Aerospace & Defense Industry Has Reason to Be Optimistic About 2020

By Logan Wamsley

Many of the challenges facing the aerospace & defense industry have been highlighted in the headlines in 2019. For example, earlier in the year, the DoD made the mistake of purchasing over $20 million in Chinese-made counterfeit goods such as specialized parkas designed to counter night vision goggles. In another example, OEMs and contractors such…

What Do Engineers Fear Most? Unpredictability

By Logan Wamsley

While Halloween may be the time of year that some of us expect to be scared out of our wits, the good news is that Halloween is a predictable event. Every year, it arrives on the same day, and those of us who get scared easily can plan ahead to ensure our blood pressure remains…

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,…