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There’s an interesting paradox that can be attributed to the aerospace industry: despite being responsible for some most advanced military and consumer-based technology the world has ever seen, the supply chain that brings such technology to life is notoriously traditional. Where OEMs in other industries have adopted various software applications to monitor inventory and establish…
With the predictions most analysts had regarding the electronic component shortage continuing through 2018 being right on target, many manufacturers are still struggling to find answers. Lead times for certain components in some cases are stretching beyond 30 weeks, and as the supply-demand balance continues, suppliers are increasingly unable to maintain stable prices. The market…
For the vast majority of families, the joy of having a newborn is quickly supplanted by anxiety about the future — with the most financially taxing task ahead being funding their undergraduate studies. With tuition rates set to skyrocket yet again in the coming years, parents have to establish a long-term strategy to fulfill that…
An obsolescence management strategy that mitigates the issues associated with end-of-life electronic components does not mean having the ability to quickly negotiate a last time buy, nor does it mean having long-term contracts with preferred OCM partners to fulfill inventory over a long-term period. It also doesn’t mean having the infrastructure to know when a…
Type “obsolescence management strategy” into Google, and you’ll find hundreds of tips and tricks from experienced analysts and experts on how to best handle end-of-life components. Most of these tips, ranging from simple supply chain adjustments to intricate analytical insight, do have inherent value on their own, but attempting to educate consumers in such a…
A lot of the solutions we offer at Partstat revolve around building a better mousetrap. We created the best BOM Monitoring Solution on the market, we found a way to warehouse and fulfill critical electronic inventory better and more cost-effectively than most OEMs consider possible, and we have even discovered how to leverage our Big…