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An obsolescence management strategy that mitigates the issues associated with end-of-life electronic components does not mean having the ability to quickly negotiate a last time buy, nor does it mean having long-term contracts with preferred OCM partners to fulfill inventory over a long-term period. It also doesn’t mean having the infrastructure to know when a…
Type “obsolescence management strategy” into Google, and you’ll find hundreds of tips and tricks from experienced analysts and experts on how to best handle end-of-life components. Most of these tips, ranging from simple supply chain adjustments to intricate analytical insight, do have inherent value on their own, but attempting to educate consumers in such a…
The term obsolescence management strategy, while simple in theory (how OEMs adapt their supply chain when faced with critical electronic components approaching end-of-life), has a nearly infinite number of variations in the supply chain marketplace. In one regard, this is understandable given how each industry — and each manufacturer within that industry — prioritizes different…
OEMs across the globe in nearly every imaginable industry, in some capacity, feel the impact of obsolescence on their supply chain. The reasons for the discontinuation of critical electronic components are varied, but regardless of the many forms obsolescence takes, there remains one true constant: It is an issue that no amount of oversight or…
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…
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…