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. Continue reading