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All OEMs are well-acquainted with the unique set of circumstances that necessitate a last time buy of critical electronic components. As the lifecycle of OEM products continues to increase against the decreasing lifecycle of electronic components, semiconductors, and peripheral products, last time buys are increasingly becoming the OEM’s method of choice for confronting obsolescence. The…
Useful doesn’t even begin to describe the impact critical electronic components have on an OEM product’s life cycle. Many standard electronic components and semiconductors have comparable alternatives that can be easily replaced — often by the same OCM, who may accompany the PCN with a list of options as a customer courtesy. More specialized parts…
Since the early 1900s when Henry Ford pioneered the original assembly line, the evolution of the supply chain has been tightly linked to the auto industry — and ever since it has been held up by manufacturers as a shining beacon representing what a supply chain is capable of. Compared to most modern manufacturers, auto…
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…
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…