Here’s How Manufacturers Can Improve Supply Chain Resilience NOW

By Logan Wamsley

The COVID-19 pandemic has highlighted even the most minor vulnerabilities in the modern supply chain — and supply chain executives are taking every precaution to ensure that for the next great black swan, their supply chain resilience is improved. Supply Chain Resilience and Agility Is Critical This fact is made clear in a new global…

How Manufacturers Can Survive the Latest Chip Shortage

By Logan Wamsley

The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…

Setting the Aerospace Supply Chain Up for Success After COVID-19

By Logan Wamsley

The future of the aerospace industry and its supply chain coming into 2020 was bright, but no one could have predicted how much would change in just a few short months. Virtually every major industry experienced significant challenges in the peak of the COVID-19 pandemic, but few were quite as widespread or highly publicized as…

Semiconductor Scarcity Proves Automakers Need Supply Chain Solutions

By Logan Wamsley

It was not a surprise that the electronics manufacturing industry faced sizable challenges in the first quarter of 2020 following the series of global lockdowns brought on by the COVID-19 pandemic. What was a surprise, however, was the rapid demand that materialized following the market recovery near the end of the year, far outpacing supply…

The Need for ROIC: How Partstat Works to Save OEM Working Capital

By Logan Wamsley

The costs of last time buy inventory go far beyond the initial cost to acquire it; in fact, according to a recent survey of equipment manufacturers, the annual costs of carrying inventory alone are, on average, greater than 21% the original cost of the product. Despite this reality however, the need to acquire last time…