The Obsolescence Management Tools can then help to source an alternative and develop the secondary source. Obsolescence Management Tools can then offer a stringent impact analysis of the situation and the impact on procurement. Obsolescence Management Tools alongside a key, workable strategy can help develop a full life cycle plan for company projects.

Component Event Monitoring Services

Enventure's Component Event Monitoring Services pro-actively deliver accurate, on-time information on component changes. All critical changes, whether they are related to lifecycle, electrical specifications, mechanical dimensions, material composition or others, are tracked and delivered to customers. The impact analysis of each change on engineering, supply chain, production, quality or maintenance can also be evaluated as a value-added service.

Enventure's Component Event Monitoring Services are fully customized and each customer is reassured of the fact that the system is designed to deliver alerts at the earliest, which is critical for planning.

Imagine, for instance, if a company was operating with obsolete semiconductors. These are important parts in the manufacturing process – having obsolete semiconductors would require an immediate change for the manufacturing process to remain functional and produce efficient results. The Obsolescence Management Services by Enventure will provide a product change notification or PCN alert to the supervisor in charge to alert them whenever obsolete semiconductors are discovered.

<By being proactive and catching obsolete semiconductors early, the company stands a greater chance of finding and sourcing an alternative quickly. A product change notification or PCN alert will draw attention to the obsolescence status of parts – as soon as the product change notification or PCN alert is dealt with then an alternate strategy can be put in place to secure another source of development.

By identifying high-risk components through a PCN alert or product change notification then it will deliver a warning as early as possible, leading to obsolescence planning at an earlier-than-normal stage. Catching obsolete semiconductors at an early stage for instance can be crucial for when a company is looking to reduce waste at the manufacturing and process stage. Enventure’s Obsolescence Management Services can help companies to plan ahead for the future and streamline their processes in an effective manner.

Enventure’s Obsolescence Management Servicesenable customers to:

• Evaluate product life cycle at the design stage itself
• Identify high risk components in active products
• Deliver early warnings, enabling obsolescence planning
• Define last time buy strategies
• Minimize risk of obsolescence by identifying second sources
  
  Please fill in the Enquiry Form to know more about our Obsolescence Management Services.