Obsolescence Management

The Costs of Ignoring Component Obsolescence to you and your business.

How much longer are you willing to lose money unnecessarily?

Have you considered the costs of component obsolescence to you and your business?

Perhaps you have assumed that the time, effort and costs of resolving obsolescence issues are a normal part of your operations and that they cannot be avoided?

How many hours must your valuable engineering resources be dedicated to solving issues of components becoming unavailable instead of producing the new designs you need to compete in a continually competitive marketplace?

Our ‘12-Steps to an Obsolescence Management Plan’ brings the guidance you need to make your business resilient to the worst effects of component obsolescence.

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Obsolescence Management 12 steps introduction - CNX Technology & Innovation Group

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The 12 Steps

12 Step OMP
Step 1

Identification and Assessment

12 Step OMP
Step 2

Monitoring and Early Warning Systems

12 Step OMP
Step 3

Supplier Relationship Management

12 Step OMP
Step 4

Obsolescence Risk Analysis

12 Step OMP
Step 5

Legislation

12 Step OMP
Step 6

Last Time Buys and Stockpiling

12 Step OMP
Step 7

Formulation of Mitigation Strategies

12 Step OMP
Step 8

Design for Obsolescence

12 Step OMP
Step 9

Documentation and Knowledge Management

12 Step OMP
Step 10

Communication and Reporting

12 Step OMP
Step 11

Training and Awareness

12 Step OMP
Step 12

Regular Review and Updates

Your
Self Assessment