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Obsolescence is one of the greatest challenges for today’s manufacturers – but it can be overcome. A manufactured product, regardless of industry or function, is, quite literally, the sum of its parts. And each end product, crafted from a wealth of electronic components, semiconductors, and peripheral products, reflects the designs and labor of dozens, even…
Partstat recently purchased Last Time Buy (LTB) inventory on behalf of GE Oil & Gas, subsidiary of General Electric. With one agreement, GE Oil & Gas managed to preserve working capital for that quarter while saving significant administration costs, storage and handling costs, and distribution costs over a 10-month period. As GE Oil & Gas…
When it comes to completing Last Time Buys necessary for the manufacturing of revolutionary products, Partstat once again proved they are the definitive supply chain partner. This time, it was Philips who required assistance with the fulfillment of a vital LTB. When a future mother looks at a monitor to see a representation their unborn…
GE Healthcare has now joined dozens of other prominent industry innovators who have taken advantage of one of Partstat’s Last Time Buy Solutions. Radiology. Ultrasound. Mammography. Computed Tomography. These are just a few of the medical disciplines GE Healthcare continues to supply with innovative products critical to a patient’s diagnosis, treatment, and recovery. But every…
As the demand for improved technology continues to increase month by month, so does the need to conduct Last Time Buys (LTB) for electronic components. Companies are changing their products at such a rapid rate that end of life (EOL) and Product Change Notifications (PCN) seem to be flying out like a scared flock of…