5 Challenges OEMs Face Making Last Time Buys

By Logan Wamsley

As the overall lifecycle of components grows shorter by the year, last time buys (LTBs) are quickly becoming the new normal for OEMs across multiple industries. To keep a product in production for its entire lifespan, manufactures must find a way to work around the lifecycle mismatch between components and the products they create. (To…

The Obsolescence Problem In Your Supply Chain

By Logan Wamsley

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 Completes Last Time Buy on Behalf of Philips

By Michael Stratton

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…