Obsolescence management is the
discipline that addresses obsolescence and Diminishing Manufacturing Sources and Material Shortages
(DMSMS) as the service life of a product extends beyond the technology life cycle incorporated in the design.
What is the process of obsolescence?
Obsolescence (OBS) is
the process of becoming outdated and no longer being used
. This term is typically associated with lower-level parts, commonly known as purchase parts. A parts vendor can replace one part with another due to raw material availability, customer demand or technology advancements.
Why do we need obsolescence Management?
Obsolescence is inevitable and it cannot be avoided so obsolescence management is
essential to achieve optimum cost-effectiveness throughout the life cycle of a product
. Careful forethought and planning can minimize the impact of obsolescence and its potential high costs.
What is called obsolescence?
Obsolescence is the
state of being which occurs when an object, service, or practice is no longer maintained, required, or degraded
even though it may still be in good working order. … Obsolete also refers to something that is already disused or discarded, or antiquated.
What is obsolescence Program?
Planned obsolescence describes
a strategy of deliberately ensuring
that the current version of a given product will become out of date or useless within a known time period. This proactive move guarantees that consumers will seek replacements in the future, thus bolstering demand.
How do you manage obsolescence?
- Step 1: Break Down the Bill of Materials. …
- Step 2: Filter Out Obvious Low Risk Components. …
- Step 3: Assess Obsolescence Risk for the Remaining Components. …
- Step 4: Mitigation Decision and Component Prioritization. …
- Step 5: Repeat Process Every 6 Months.
What is obsolescence engineering?
In accordance with the International Standard IEC 62402:2007, Obsolescence is defined as
the “transition from availability from the original manufacturer to unavailability”
. It affects hardware, software and support equipment and impacts all stages of life of equipment / systems.
What are the types of obsolescence?
- Technological Obsolescence.
- Functional Obsolescence.
- Legal Obsolescence.
- Style/Aesthetic Obsolescence.
- Economic Obsolescence.
What causes obsolescence?
A key factor that causes obsolescence is
a shift in technology or product design
. When new components come to market, older parts become less useful and are usually designed out of a product or the manufacturing process. Likewise, rapidly changing technology in equipment also causes obsolescence.
How can obsolescence be prevented?
Avoiding obsolescence or minimizing its costs can be accomplished through
actions in planning and programming; design
; construction; operations, maintenance, and renewal; and retrofiting or reuse of a facility (throughout the facility life cycle).
What is obsolescence in accounts?
Obsolescence in the business sense is
the loss in value of an asset due to loss of usefulness or technological factors
; obsolescence describes an asset which is “out of date.” Obsolescence is not related to the physical usefulness or workings of the asset.
What is obsolescence cost?
Obsolescence costs are
incurred when an item in inventory becomes obsolete before it is sold or used
. … Obsolescence costs include the labor and materials consumed in producing the original product and the cost of disposal (e.g., identifying, transporting and disposing obsolete inventory).
Is planned obsolescence legal?
There are not currently national laws that prohibit planned obsolesce
in the United States. However, the Consumer Product Safety Commission does have the power to issue durability standards if it chooses to exercise it.
Why planned obsolescence is bad?
Discarded electronics contain toxic materials that seep out and contaminate the environment. … This, combined with planned obsolescence and other premature “End of Life” processes, accounts
for harmful electronic waste
that is becoming an increasing threat to the environment.
What is obsolescence risk?
Obsolescence risk is
the risk that a process, product, or technology used or produced by a company for profit will become obsolete
, and thus no longer competitive in the marketplace. This would reduce the profitability of the company.
Does Apple use planned obsolescence?
It is unequivocal that
Apple has implemented a conduct, worldwide
, aiming at increasing the replacement of old iPhones through a phenomenon that can be traced back to the so-called “planned obsolescence”. This conduct has caused tremendous damages, harming consumers and the environment.
