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Last time buys, even in the best of situations, rarely go smoothly. There are dozens of variables in play – and if one miscalculation is made, it could have profound consequences for your product, business, relationship with consumers, and profit margins. If you are prepared to make a last time buy, below is a brief…
Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…
In a manufacturing supply chain, there are precious few constants. The price of a critical electronic component will fluctuate in accordance with customer demand, for example, as well as the demand for the OEM product among consumers. Yet, somehow, in a marketplace where change is the only true constant, manufacturers must find a way to…
The production of an electronic component largely mirrors that of any other commodity – and as such, it rests on the changing winds of consumer demand. If there are many products that require the same component for extended lengths of time, and it makes financial sense for the OCM to continue production of that component…
Last time buys will always be the central concern of every successful obsolescence management strategy. BOM monitoring gives OEMs the tools needed to stay ahead of obsolescence, proper long-term storage infrastructure gives them the means to maintain end-of-life inventory post-obsolescence, and the implementation of die and wafer banking into their product designs allows them to…
Steve Jobs once said, “Technology is nothing. What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them.” Obviously, Jobs was not discussing the merits of Partstat, but he might as well have. Since 1991, our company has…