Obsolescence Management Glossary
Are you unclear about a technical term? Do you need a reliable definition?
Obsolescence Management We support the long-term availability of your assemblies and systems!
Obsolescence Management describes a structured and controlled management process for forecasting, reducing and avoiding the effects of product obsolescence. The TQ obsolescence management strategy protects your products against unexpected discontinuances and changes. Thanks to our modular approach, we are able to continually adapt the obsolescence management strategy to your assemblies and products. The entry into our obsolescence management system is completely straightforward and can be implemented during any phase of the product lifecycle.
Our obsolescence management service keeps your assemblies and systems safe from the following market challenges:
In volatile and dynamic times, market risks that require a structured management process are increasing. By means of an active obsolescence management you can protect your products from the following risks:
- Increasing number of product discontinuation notifications
- Reduction of life expectancy
- Lack of availability
- Rising lifecycle costs
- Production stoppage due to missing components
- Growing uncertainty in planning
Obsolescence Management Services & Consulting
In the current market situation, obsolescence management is an indispensable component of product lifecycle measures. TQ will be happy to support you with its many years of experience in various obsolescence management services.
The benefits for you
- Client-specific combination and flexible duration of services
- Assured data quality by integrating manufacturers and suppliers into the analysis process
- Cross-market experience and knowledge thanks to many years of providing E2MS and obsolescence management services
- Personal contact person for your project
- Member of COGD Component Obsolescence Group Deutschland e.V.
Strategic Obsolescence Management
Long-term solutions
Strategic obsolescence management describes the most comprehensive management process, which already starts during the development phase. Ideally, it covers the entire product or system lifecycle, allowing for services from the proactive and reactive range to be applied in a targeted manner.
- Strategic component selection during development stage
- Creation and maintenance of an Obsolescence Management Plan
- New development based on component lifecycle stages and the current market situation
Proactive Obsolescence Management
Mid-term solutions
Proactive obsolescence management makes it possible to include obsolescence management at any stage of the product or system lifecycle, before any discontinuance has occurred. In contrast to reactive obsolescence management, the proactive approach is a risk-oriented one. The obsolescence focus is based on the degree of risk of the system or component..
- Creation of BOM analyses to evaluate the status quo of assemblies and components
- Establishment of a monitoring process for endangered components
Reactive Obsolescence Management
Short-term solutions
Reactive obsolescence management only responds in case of a change or discontinuance. No measures are defined until the change or discontinuance occurs, but there is only a component-specific response to the incoming message.There is thus very little time to act, which represents a major challenge.
- EOL / PCN service to inform about changes and discontinuations
- Last-time buy / Life-time buy in case of discontinuation
- Long-term storage of components and assemblies
- Search support for alternatives and substitutes
In addition, we can also offer further services in close cooperation with our development department.
Obsolescence Management Consulting
Experience-based, practical advice
- We are also pleased to offer an introduction to obsolescence management as part of a workshop where customers can become familiar with existing know-how and make adjustments to their individual needs.
- If in-house obsolescence management has already been implemented, our experienced obsolescence managers can offer customer support by performing an audit that is individually tailored to your industry and your company. Following the analysis and evaluation of the audit, we help our customers develop measures to optimize their obsolescence management.
- Please don’t hesitate to contact us! We look forward to hearing from you.
