Partstat Partner News October 2021

By Logan Wamsley

Philips Creates New Scanning System to Make MRIs Less Scary for Children In an effort to ease the fear children may feel getting an MRI scan, Philips is taking a very unique approach. With their latest product, Philips Pediatric Coaching, the company is attempting to turn the process into a fun game that will bring…

China’s Alleged Hypersonic Missile Test Is Bad News for Global Supply Chain

By Logan Wamsley

In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…

Medical Device Manufacturers Have a Cost Problem

By Logan Wamsley

Manufacturers of critical, life-saving healthcare equipment deal with a myriad of complexities and regulations that no other industry has to consider. Many of these considerations require significant additional costs, and in an era that has been defined by risks and disruption include supply chain delays, inflation, raw material shortages, extensive lead times, natural disasters, geopolitical…

The Value of Business Continuity in a Last Time Buy Transaction

By Logan Wamsley

Only a week into 2021, and it is becoming clear that much of the uncertainty that clouded 2020 has remained, and in some cases, even exacerbated. The United Kingdom has just imposed another nationwide lockdown following the rapid spread of a more transmissible COVID-19 variant, global vaccination distribution remains a topic of discussion (it has…

Staying Ahead of Risk with BOM Monitoring

By Logan Wamsley

The goal of any OEM or EMS provider is to identify and mitigate any risk associated with the design and production of their products. While this may be simple to say, what form such risks take can be broad and at times unpredictable; geopolitical uncertainty, unexpected component obsolescence, raw material shortages, and unforeseen externalities, such…

Alcoa Provides Support for COVID-19 Relief Efforts Worldwide

By Logan Wamsley

Alcoa, the world’s eighth largest producer of aluminum and valued Partstat customer, has been extremely active in its efforts to serve both its local community and communities around the world affected by the COVID-19 pandemic. Through its foundation, Alcoa has pledged over $1 million to support COVID-19 relief efforts throughout the areas in which the…