Parts Obsolescence Management an Ongoing Problem

One aspect of creating a new product or system is the sourcing of parts, components, and materials.

Gone are the days of your organization providing every element of the final product. Henry Ford’s supply chain for early Ford automobiles include their own forests, rubber plantations, and iron ore mines. [Gelderman, 1981]

We increasing rely on the supply chain to create the necessary parts for the design’s functionality. Then to continue to supply those same parts for decades, in some cases.

As of 2006, approximately 3% of electronic components become obsolete. [Q Star, 2006] If you happen to be using one of these parts, you will need to find a viable replacement. In some industries, such as the military equipment, aerospace, and solar power industries, systems may have an expected operating life of 30 years or more. Plus, organizations may manufacture equipment according to design specifications established decades ago.

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The rest of this article is at: Identifying Parts Obsolescence Early

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