We buy inventory so you don't have to.
22 million unique parts. 5,000 suppliers. Over 50 billion data points. This is data we cite often at Partstat, not for bravado, but because it properly illustrates the sheer scale of our Big Data, which we receive from uploaders all over the world. These uploaders span the gauntlet from small independent stocking distributors to some…
Big Data – What is it? Why is it important? How can it impact your supply chain in a big way? These questions are all valid, and may have crossed your mind once or twice, but it’s valuable to understand the reasons such thoughts are so prevalent. None of these questions should be ignored. If…
Salmon are fascinating creatures in that that they are created with an inherent instinct to defy the natural order. In a world where common sense and logic nudge all forms of life toward the path of least resistance, salmon insist on swimming upstream against the current, willfully ignorant of the fact that that just turning…
It’s becoming increasingly important to leverage big data in day to day supply chain activities like selling excess inventory, searching for obsolete or replacement parts and even monitoring the critical parts on your BOM (bill of materials). Selling excess inventory can be cumbersome. The demand sometimes isn’t there for electronic components that are left over…