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A common misconception regarding obsolescence management is that a single strategy or process can insulate an equipment manufacturer from all obsolescence-based supply chain disruptions. Many solutions on the market may promise this, but it is a promise based on a false premise. There is, at least today, no “one-size-fits-all” obsolescence management strategy capable of being…
As the electronic component market remains unstable and supply chain disruptions are becoming more commonplace, OEMs have quickly discovered the value of a proven obsolescence management strategy. As a result, several BOM monitoring systems have entered the marketplace, each with its own characteristics and limitations. To show how Partstat BOM Monitoring separates itself from any…
Obsolescence, in some form, impacts each and every industry that manufactures a product to meet the demands of a consumer base. But just as no two products have exactly the same design or function, no two products experience obsolescence in quite the same way. One of the most important factors in understanding how obsolescence will…
Historically, BOM Monitoring services have been used to help original equipment manufacturers, or OEMs, react to obsolescence in electronic components when it occurs. Upon confirmation of a critical component’s or semiconductor’s end of life, manufacturers would then either initiate a last time buy to secure sufficient inventory to support the entire life cycle of their…