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There is a lifecycle mismatch between the life of an electronic component, or semiconductor, and the life of an OEM (Original Equipment Manufacturer) product. This problem requires that during design, engineers must be cognizant of which electronic components and semiconductors will be available, and which parts may be obsoleted during a product’s manufacturing process. BOM…
It’s becoming increasingly important to leverage big data in day to day supply chain activities like selling excess inventory, searching for obsolete or replacement parts and even monitoring the critical parts on your BOM (bill of materials). Selling excess inventory can be cumbersome. The demand sometimes isn’t there for electronic components that are left over…
There is a life cycle mismatch between the life of an electronic component, or semiconductor, and the life of an OEM (Original Equipment Manufacturer) product. This problem requires that during design, engineers must be cognizant of which electronic components and semiconductors will be available, and which parts may be obsoleted during a product’s manufacturing process.…
BOM monitoring is a crucial aspect of any build. You need to be prepared when you receive a PCN (product change notification) or an EOL (end of life) notice. There is also the issue of making a Last Time Buy which can be a headache all in itself. But, what if there were more benefits…
Component obsolescence is something that is an on-going struggle for many supply chain managers. When it comes to supply chain management, there are so many issues that can throw a company for a huge loop. It can be something as simple as a duplicated spreadsheet, or just a simple slip with miscommunication that leads to…
Managing a bill of materials is a vital element when it comes to product development and manufacturing. Since we all know its important, you would think companies have developed an efficient system for managing the BOM process, right? Wrong. Surprisingly, many companies are still struggling with the bill of materials subject. In fact, there are…