Obsolescence Management

Obsolescence often occurs when a product is no longer suitable for current demands or when a product that is still in use is no longer being manufactured.

Obsolescence management is the process of planning and implementing strategies to deal with the end-of-life or declining functionality of these products, components, and systems. It involves mitigating risk when parts, tools or skills become obsolete. Obsolescence management oversees all the parts in a system to monitor when they become obsolete, with the intention of replacing them before they become outdated.

The overall goal of obsolescence management is to ensure that products remain usable and reliable for as long as possible, while also addressing the need for replacement or upgrade due to changing technology, regulations, and market conditions. Through an effective and well-thought-out obsolescence management plan, businesses can minimize costs, reduce risk, and improve the overall performance and reliability of their processes, production and manufacturing.

As part of our obsolescence management strategy, we can set up alerts on all your material parts, emailing you with any change of lifecycle. You can also be notified when the status of any part changes.

Our technical team of in-house electronics engineers can then make recommendations for alternative longer-life parts. We also have the capability of re-designing and validating new parts for you.

With an understanding of your product’s lifecycle, we can make an up-front analysis for the best material to use to avoid obsolescence, before it becomes a problem.

Engaging with us as early as possible in your new product introduction (NPI) phase means we can provide critical material selection feedback and guarantee a smooth launch to market.