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There are few issues that cause more friction between OEMs and their contract manufacturers than last time buys. Although last time buys are often necessary to ensure the lifecycle of the OEM product, the protocol for the last time buy, or who holds responsibility for the last time buy, is often murky at best. For…
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…
Last time buys have typically been viewed as a last resort, an option that only becomes viable when there is no other option for preserving the lifecycle of your product. Recent market developments in the past year, however, have changed that. Most recently, for example, OEMs are mitigating the impact that the coronavirus is having…
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…
One of the key features Partstat offers Part Search users and BOM Monitoring customers is access to its Big Data — more specifically, 50 billion data points of Big Data. This data is comprised of over 56 million rows of inventory on 26 million unique parts compiled from thousands of authorized suppliers and component manufacturers.…
At Partstat, we believe that disruption can’t be consistently overcome without taking a broad picture view of the full lifecycle of an OEM product. This includes every step from inventory procurement, to the point of assembly, to the inevitable transition toward obsolescence. This is why all of the solutions Partstat offers, while valuable on their…