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There is arguably no greater sign of healthy company growth than news that a company is hiring new employees — and recently, despite a significant electronic component shortage that has strained many an OEM supply chain, one has not had to look hard to see this in the manufacturing industry. According to the U.S. Bureau…
A common misconception regarding obsolescence management is that a single strategy or process can insulate an equipment manufacturer from all obsolescence-based supply chain disruptions. Many solutions on the market may promise this, but it is a promise based on a false premise. There is, at least today, no “one-size-fits-all” obsolescence management strategy capable of being…
Component price inflation, escalating consumer demand, and suppliers’ inability to expand production has quickly turned BOM monitoring from a luxury into a critical element of a successful supply chain. In a recent press release, Gartner predicted that “component shortages, rising bill of materials (BOM) and the resulting prospect of having to raise average selling prices…
When an OEM or EMS provider decides to adopt a BOM monitoring service into their supply chain, what do they expect to receive? And once it has been received, does it really provide what today’s supply chain requires? If we are discussing the vast majority of offerings currently available, the answer is relatively simple. With…
So much of what Partstat offers our users is rooted in our access to Big Data. As an acclaimed Big Data platform, we consist of, as of this writing, over 9 billion rows of current and historical data on 20 million parts sourced from over 3,000 unique manufacturers. In our BOM Monitoring Solution, Partstat provides…
Nearly every Partstat user who enrolls in our BOM Monitoring Solution already realizes they are getting the world’s premier service for obsolescence management — and the only one capable of predicting the growing issue of component allocation. What few realize, however, is that Partstat customers do not have to wait a few weeks or months…