We buy inventory so you don't have to.
The inventory procurement process in the middle of a production run for most manufacturers moves so fast that many engineers do not stop to consider exactly how the process is typically structured. Rather than viewing the process as a singular event, it instead can be broken down into a three-step process: notification, inventory discovery, and…
Supply chain disruption would not be a particularly difficult issue to counter if it only took a single form. Predictable issues can be easily rectified, or prevented altogether if the original equipment manufacturer (OEM) takes the necessary steps to proactively address the pain point. Unfortunately, this image of disruption is a dream that has no…
At Partstat, rather than offering simply an electronic component marketplace or a single solution to resolve a specific issue, we have set out to create an analytics-driven platform capable of preserving the entire lifecycle of an OEM product. From inventory procurement through the largest free online search engine for electronic components, to storage and fulfillment,…
Renowned aerospace manufacturer and engineering services provider Honeywell International Inc. has selected Partstat to manage last time buys and improve business continuity as it relates to their products. After many years of managing critical last time buys in-house, Honeywell has agreed to a Partstat Last Time Buy Solution that will ensure the lifecycle of their…
With their reputation as of one of the world’s premier tech innovators to uphold, GE holds its supply chain partners to the same level of accountability it holds itself to. This is especially true with regards to the sourcing of the electronic components, which are responsible for powering the GE products customers around the world…
Partstat recently purchased Last Time Buy (LTB) inventory on behalf of GE Oil & Gas, subsidiary of General Electric. With one agreement, GE Oil & Gas managed to preserve working capital for that quarter while saving significant administration costs, storage and handling costs, and distribution costs over a 10-month period. As GE Oil & Gas…