Obsolescence Management
Reactive OM: Product Change / Discontinuation Notice (PCN/PDN) Management
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QMS Readiness: Enhancing your Supplier Quality Agreement (SQA) and Supplier Quality Assurance processes to lay the foundation for Obsolescence Management.
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PCN Management: Implementing the smartPCN standard and PCN 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.
Proactive OM: AI & Big Data-Driven Predictive EOL Management
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Product Readiness: Analyzing your product portfolios and digitizing your Bill of Materials (BOM) to lay the foundation for AI and Big Data-driven intelligence.
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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 75% for existing products and 85% for new products by using AI and Big Data intelligence such as forecasted End-of-Life (EOL) dates.
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New Design Resilience: Reviewing and selecting electronic components for new designs to avoid costly redesign projects caused by obsolescence just post-launch.