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The inventory procurement process in the middle of a production run for most manufacturers moves so fast that many engineers do not stop to consider exactly how the process is typically structured. Rather than viewing the process as a singular event, it instead can be broken down into a three-step process: notification, inventory discovery, and…
As the current U.S. administration continues to move forward with its strategy to increase tariffs by 10 to 25 percent on nearly all Chinese imports beginning September 1st, electronic OEMs across all major industries continue to watch with concern. This comes in the wake of the first round of tariffs on imports enacted in June…
Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one step ahead, but, in fact, you’re actually two steps behind. Obsolescence has become an urgent issue which manufacturers are more…
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…
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…