Author Topic: Product End of Life  (Read 1713 times)

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toiga

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Product End of Life
« on: October 15, 2011, 12:49:34 pm »
[size=0pt]End-of- product life and obsolescence issues were difficult enough in the days. However, today it seems virtually impossible to get a system designed, tested and into use before reaching the end of the commercial lives of its key components. obsolescence management tools  [/size]can be crippling and devastating to a program, potentially hastening its end-of-life. Most companies deal with obsolescence in a reactive way where they suddenly find that a component is not available. Component Obsolescence group promotes pro active management where tools and procedures are put in place which monitor the life cycle of components and aim to have as much information as possible available on their bill of materials. In this way fewer surprises are received and cost savings can be made in the longer term.
[size=0pt]One needs to work closely with their colleagues and customers to monitor the life cycle of components so that when it comes to automotive remanufacturing, long-term cost savings can be made.  [/size]Also use obsolescence management tools to monitor the life cycle of components and to hear about last time buys. If a component manufacturer finds it is not economically viable to continue the manufacture of a component, they will often issue a last time buy notice. This indicates that the manufacture of that particular component will soon end. You then have a limited timeframe in which to buy that part. If a component listed as being on ‘last time buy’ is essential to you, you could buy components in bulk to cover the future maintenance.