Why Does the Life Cycle Mismatch Between Products and Components Exist?

By Logan Wamsley

Consumers browsing the shelves at your local retailer rarely glance behind the curtain and see how their buying habits affect all levels of the manufacturing supply chain. It’s a fascinating story to tell, and one that has profound implications for the future of not just the manufacturer supplying product to retailers, but for the component…

Three Benefits OCMs Receive with a Last Time Buy Solution

By Logan Wamsley

A flexible, personalized delivery schedule. Guaranteed business continuity throughout the entire lifecycle of the OEM’s product. An average of 42 percent savings on inventory carrying costs. 20+ years of preserved working capital. These are only a few of the benefits OEMs and EMS providers receive upon adopting a Last Time Buy Solution. These are more…

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 Accepts Boeing Excellence Award

By Michael Stratton

Partstat announced today that it has received a Boeing Excellence in Advocacy Award for 2016. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance in government outreach activities to help government policymakers better understand aerospace issues and promote legislation that support aerospace companies. Boeing suppliers are uniquely qualified to…

Supply Chain Solutions

By Michael Stratton

If you’ve worked in supply chain, you know that optimization is key for day-to-day management.  Supply chain management is not easy and it comes with a plethora of ongoing struggles: operating on thin margins, trying to improve working capital, carrying too much inventory and the costs associated with carrying that inventory, excess materials…this list could…