What is Obsolescence?
Obsolescence is the unavailability of parts, or services that were previously available. They could have been withdrawn for many reasons such as technical, financial, staff and legal.
What is Obsolescence Management?
Obsolescence Management is the need to understand why this has happened and to plan and mitigate for these instances in the future. Obsolescence concerns materials, components, processes, skills and software. It can occur in all stages of the equipment’s life cycle such as development, design, production and in service. It affects components which need to be maintained for long periods of time
Reasons for Obsolescence