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When finances enter any discussion regarding obsolescence management strategies, it usually takes one of two forms: the price of obsolescence management, and the potential cost of not implementing such a strategy. Both forms, while critical to consider, rarely elicit genuine excitement from the OEM’s perspective. Not unlike typical consumers choosing insurance plans, it can be…
It can happen to anyone at anytime. Your product has been in production for years, and suddenly you get the message from one of your suppliers and a component is on its way to obsolescence. Once you hear this, you suddenly have an elephant in the room sitting next to you named Last Time Buy. …
There are thousands of companies out there that wear the shackles of supply chain struggles. Just when you think everything is going as “planned”, the littlest issue can cast a shadow that looks similar to that of a giant mountain. The word planned is noted above because anyone who has been part of supply chain…