Manage Obsolescence Risk
The most common methods of the past for managing obsolete electronic components have entailed very manual or reactive processes that lead to chaos, human error, long lead times and excessive costs to the organization. The key to sustained profitability for effective and efficient obsolescence management is foresight and strategic process flow.Start My Free Trial Obsolescence Management Done Right
Risk Analysis & Obsolescence Forecasting
Developed in conjunction with the University of Maryland's CALCE (Center for Advanced Life Cycle Engineering) department, SiliconExpert's predictive risk analysis & obsolescence algorithm includes both a short and long-term strategy to paint a comprehensive picture of part discontinuance. Long-term forecasting based on part attributes and data mining of historical performance is augmented with short-term precursors in the supply chain (sources, inventory, pricing).
Manage the consequence of obsolescence events through a multitude of methods. Find stock, inventory, and pricing information on last time buys. Or easily find an alternate part that will that will slot into your design.
Minimize lifecycle costs by planning, by planning design refreshes based on forecasted obsolescence dates and technology insertion roadmaps. Set alerts for lifecycle changes, datasheet changes, manufacturer changes, and manufacturer acquisitions so that you'll never be caught off-guard.
"In the past, obsolescence data was limited to available/not available stats provided directly by part manufacturers. Parts were selected with little to no insight into their obsolescence lifecycle, leaving the possibility of selecting a soon-to-be obsolete part dangerously high. We’ve seen some nice savings in man hours, rather than going to a bunch of different sources, which is very time consuming, we can often just go to SiliconExpert and get the data we need right away.”
Lenny Tosto | Engineer | Northrop Grumman
“Outstanding... I like the Project Tracker that you are going to leverage.This is what separates SiliconExpert from most providers. The team pro-actively communicates updates to me, and they beats their deadlines. It’s a great team to work with.”
"Managing our component database and keeping it updated was a daunting task. Our engineers require the latest information on the electronic components selected for our products and any lapse in the availability or freshness of the data is simply not acceptable ... If it weren't for SiliconExpert's tools, we would still be living in the stone age.”
John Starr | Component Engineer
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