Obsolescence Management

Reactive OM: Product Change / Discontinuation Notice (PCN/PDN) Management 

• QMS Readiness: Enhancing your Supplier Quality Agreement (SQA) and Supplier Quality Assurance processes to lay the foundation for a strategic Obsolescence Management.

• PCN Management: Implementing smartPCN management tools that are connected with the world's largest database for managing real-time component changes (both mechanical and electronic parts), cutting manual efforts by 90%, and eliminating communication breakdowns internally and with your tier suppliers.

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Strategic, proactive OM: AI & Big Data-Driven Predictive EOL Management

• Product Readiness: Analyzing your product portfolios, digitizing and validating your Bill of Materials (BOM) to lay the foundation for AI and Big Data-driven intelligence.

• Proactive Obsolescence Planning: Streamlining and reducing your

  • redesign projects @ $30K to $33M,

  • inventory costs @ $15/sq ft,

  • sourcing obsolete parts @ 15x higher price,

  • and the occurrence of production stops @ $2M/hr.
    ​by up to 75% for existing products and 85% for new products by using AI and Big Data intelligence such as forecasted End-of-Life (EOL) dates.

• Design for Resilience: Reviewing and selecting cost-efficient, compliant and low-lifecycle risk and supply chain risk electronic components for new designs to avoid costly redesign projects caused by obsolescence just post-launch.