To Overcome Obsolescence, One Last Time Buy Isn’t Enough

By Logan Wamsley

The Obsolescence Problem Component obsolescence is a widespread issue, and one that is never fully resolved. Unless a manufacturer chooses to source all necessary components in-house (a luxury in the age of global, decentralized supply chain networks), its ability to maintain extended production schedules is largely determined by its suppliers’ ability to provide regular streams…

Semiconductor Manufacturers Struggling With Obsoleting End-of-Life Components Should Read This

By Logan Wamsley

The issue semiconductor manufacturers face transitioning end-of-life (EOL) electronic components toward obsolescence is difficult to solve. While inevitable and necessary to continue offering products to the highest proportion of consumers, the risk of alienating a significant number of long-standing, loyal customers is ever present. Even with appropriate notice via a PCN, unexpected obsolescence puts legacy…

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…