Don’t Be a Salmon, Embrace Last Time Buys

By Logan Wamsley

Salmon are fascinating creatures in that that they are created with an inherent instinct to defy the natural order. In a world where common sense and logic nudge all forms of life toward the path of least resistance, salmon insist on swimming upstream against the current, willfully ignorant of the fact that that just turning…

Saving and Spending: The OEM Working Capital Paradox

By Logan Wamsley

The longer the OEM projects the lifecycle of their product to last, the more last time buy inventory needs to be purchased – and because long-term inventory needs can rarely be forecasted perfectly, OEMs prefer to have too much inventory than not enough. Every component, semiconductor, and necessary computer product, even the ones that may…

Where Last Time Buys Fit into the Aerospace Industry

By Logan Wamsley

There are some aerospace products that will never be considered obsolete. Many of the largest component manufacturers in the industry have been supplying nuts and bolts to aircraft specifications for decades — and other than oscillating between titanium, stainless steel, aluminum, and other exotic materials, those designs are not going away anytime soon. Other products…

The Key to Surviving Component Shortages: Long-Term Storage

By Logan Wamsley

Anyone paying attention to the state of the electronic component marketplace knows that 2018 has seen the most significant industry-wide shortage in over a decade. Lead times for once-commoditized components and semiconductors are, in some cases, stretching well over a year, throwing many a supply chain into a state of perpetual uncertainty. Many analysts are…

The Aerospace Supply Chain in 10 Years

By Logan Wamsley

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…

Partstat Last Time Buy Solution vs. Standard Last Time Buy

By Logan Wamsley

Since its launch, we here at Partstat have worked diligently to highlight the many benefits our Last Time Solution can have for an OEM and the other companies that make up their supply chain. But while we can reference these benefits in many different ways (case studies, videos, hypothetical scenarios, etc.), without a baseline to…