Partstat Excess Inventory Solution FAQ

By Logan Wamsley

Ensuring that the critical electronic components on your bill of material are readily available is an important element of any successful obsolescence management strategy, but it is not the only element. Equally important is the ability to easily transition from one product lifecycle to another without taking on added burdens caused by excess inventory. Not…

Excess Inventory: The Case Against Premature Lot Bids

By Logan Wamsley

Excess inventory isn’t something that many of our customers like to talk about at first, but especially considering the current state of the market, we think it’s a conversation that needs to be had. We are currently experiencing the longest and largest electronic component shortage since the turn of the century, but despite market demand…

3 Simple Proactive Strategies to Minimize Excess Inventory

By Logan Wamsley

Even the most detailed, analytics-based prediction models available to manufactures today cannot fully eliminate the persistent issue of excess and obsolete inventory. This is a statement OEMs and their EMS provider counterparts know well, and likely live with producing each and every product in their line. In one respect, excess inventory is the result of…

What Makes a Complete Obsolescence Management Strategy?

By Logan Wamsley

The term obsolescence management strategy, while simple in theory (how OEMs adapt their supply chain when faced with critical electronic components approaching end-of-life), has a nearly infinite number of variations in the supply chain marketplace. In one regard, this is understandable given how each industry — and each manufacturer within that industry — prioritizes different…

3 Simple Proactive Strategies to Minimize Excess Inventory

By Logan Wamsley

Even the most detailed, analytics-based prediction models available to manufactures today cannot fully eliminate the persistent issue of excess inventory. This is a statement OEMs and their EMS provider counterparts know well, and likely live with producing each and every product in their line. In one respect, excess inventory is the result of choosing the…