Component Shortages, Obsolescence, & Allocation: The Solution You Need

By Logan Wamsley

The current high demand for electronic components has ‒ ultimately ‒ led to a severe shortage. While this has had a detrimental effect on supply chains, many manufacturers believed this would be a temporary situation. However, this component shortage may be here longer than expected. In today’s market, the supply and demand imbalance is defined…

Reactive vs. Proactive Obsolescence Management Strategies

By Logan Wamsley

While all obsolescence management strategies have the same goal of ensuring the lifecycles of OEM products despite any unforeseeable disruptions, they are not all alike. Now, just because each strategy may be different in form, that does not mean they differ in terms of importance. It is unwise to consider any such strategy as “one-size-fits-all,”…