Buffer Stock Being Embraced by More Companies, Survey Shows

By Logan Wamsley

New data from the Hackett Group’s Working Capital Survey indicates that the global supply chain this year, facing inconsistent lead times and shipping delays, has made some drastic strategic changes toward the use of buffer stock. In a survey of 1,000 nonfinancial companies’ working capital levels, inventory balances increased from $1.19 trillion a year ago…

Manufacturing Supply Chains Already Seeing Effects of Sanctions on Russia

By Logan Wamsley

As the Russia’s invasion of Ukraine continues to intensify, the globe is intensifying the sanctions placed on Russia in response. And manufacturing supply chains are feeling the pressure. As of this writing, the European Commission has prepared a new package of sanctions against Russia and Belarus that will ban three Belarusian banks from the international…

New Data Reveals Depths of Supply Chain Crisis

By Logan Wamsley

The modern supply chain is in a crisis. Although supply chain disruptions occur in some form annually, and major disruptions occur in cycles at least every few years, 2021 is proving to be a different beast. Inflation, raw materials shortages, port congestion, political tensions within nations that constitute critical pain points for critical electronic component…

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…

Who Are Partstat Solutions For? Part 1: OEMs

By Logan Wamsley

One of the common questions we receive at Partstat is who exactly are our Inventory Ownership Solutions designed for. Who is poised to take advantage of the benefits they offer, and are there any entities who are excluded from considering the service? This series of articles will try to clarify this question and highlight how…