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It is widely understood that “obsolescence” as it relates to the manufacturing industry is defined as the transition of electronic components toward end-of-life. There are many reasons this could occur – some as the result of a component’s natural life cycle, others as the result of unforeseeable circumstances – but regardless of precisely why it…
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…
OEMs across the world are gradually coming to understand the importance of staying ahead of obsolescence in the acquisition of critical electronic components – and the consequences of not accounting for it. However, especially in competitive markets where component demand far outweighs an OCM’s ability to meet supply orders, there is another variable that can…
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…
When it comes to storing electronic components, it’s not a matter of if an OEM needs to find a solution for it, but when — and at what cost. Virtually all companies at some point are forced to accumulate large quantities of inventory necessary to complete the life cycle of their product. This can be…
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…