Case Management

Component obsolescence is rising due to the global semiconductor shortage exacerbating pre-existing challenges. Organizations must remain aware of proactive strategies that can help stay on top of obsolescence.

After years of advanced semiconductor prioritization, an upcoming rise in EOL notices for legacy nodes could be on the horizon.

Forewarned is forearmed, but planning for disruptions before the warning signs appear is more beneficial for manufacturers in the long run. But how do you actively plan for mitigation before you know the disaster? You do it through case management.

The U.S. Department of Defense recently issued DMSMS contract language guidance that mandates major changes to how OEMs handle their obsolescence and shortage case management. And the policy update comes with major financial consequences for unwary vendors.

Due to paradigm-shifting events like the coronavirus pandemic and the global chip shortage, the meaning of obsolescence management has changed. OEMs need to update their methodologies to stay competitive in the worldwide marketplace.

In today’s extremely volatile electronic components marketplace, OEMs need a dynamic obsolescence case management solution to avoid the costs of using high-risk parts.

The tool will help engineers and purchasers understand market availability and risk within the electronic component industry.

Microsoft Excel is a great organizational solution for many projects, especially those maintained by a single person. However, the 34-year-old spreadsheet program is not as effective in dealing with complex tasks like case management.