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Useful doesn’t even begin to describe the impact critical electronic components have on an OEM product’s life cycle. Many standard electronic components and semiconductors have comparable alternatives that can be easily replaced — often by the same OCM, who may accompany the PCN with a list of options as a customer courtesy. More specialized parts…
It is widely understood that “obsolescence” as it relates to the manufacturing industry is defined as the transition of electronic components toward end-of-life. There are many reasons this could occur – some as the result of a component’s natural life cycle, others as the result of unforeseeable circumstances – but regardless of precisely why it…
Last time buys, even in the best of situations, rarely go smoothly. There are dozens of variables in play – and if one miscalculation is made, it could have profound consequences for your product, business, relationship with consumers, and profit margins. If you are prepared to make a last time buy, below is a brief…
Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…
The production of an electronic component largely mirrors that of any other commodity – and as such, it rests on the changing winds of consumer demand. If there are many products that require the same component for extended lengths of time, and it makes financial sense for the OCM to continue production of that component…
Last time buys will always be the central concern of every successful obsolescence management strategy. BOM monitoring gives OEMs the tools needed to stay ahead of obsolescence, proper long-term storage infrastructure gives them the means to maintain end-of-life inventory post-obsolescence, and the implementation of die and wafer banking into their product designs allows them to…