Obsolescence Risk Assessment Process is a critical activity for effective management of Obsolescence and deciding suitable Mitigation Strategy. Here in this post, we will discuss a suitable Obsolescence Management process and its associated activities that has been designed based on years of experience.

An Obsolescence Management Process has various advantages if it is effective integrated to various stages of a product with an objective to tackle Obsolescence. With the increasing popularity and functionality of Commercial components in comparison to cost, the component obsolescence has been much frequent....