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As the electronic component market remains unstable and supply chain disruptions are becoming more commonplace, OEMs have quickly discovered the value of a proven obsolescence management strategy. As a result, several BOM monitoring systems have entered the marketplace, each with its own characteristics and limitations. To show how Partstat BOM Monitoring separates itself from any…
Obsolescence, in some form, impacts each and every industry that manufactures a product to meet the demands of a consumer base. But just as no two products have exactly the same design or function, no two products experience obsolescence in quite the same way. One of the most important factors in understanding how obsolescence will…
In a traditional supply chain, OEMs take a decidedly reactionary approach toward component obsolescence. Detailed procedures such as a last time buy solution may be in place to help their supply chains pivot to avoid disruption, but even the most sophisticated strategy designed to mitigate the effects of obsolescence does little to get to the…