There are various types of Proactive Approach to mitigate obsolescence. The selection of suitable approach must be based on the likely obsolescence. In our previous post we discussed about types of Obsolescence mitigation approach i.e Reactive and Proactive Approach in Detail. This post will...

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.