spare parts obsolescence

JBR Surplus Auto Parts | Largest auto parts …

JBR Surplus Auto Parts specializes in the purchasing and selling of Surplus Automotive parts, Discontinued auto parts, Excess Inventory auto parts, open box auto parts, auto parts stock lift, auto parts over-runs, obsolete …

How 3D Makes Obsolescence of Inventory Obsolete?

It may happen for multiple reasons: loss of design, a broken production tool, a bankrupted supplier or simply an order that did not match the minimum order quantity (MOQ). When reaching this stage, the inventory becomes obsolete. Additive manufacturing is the solution to obsolescence of inventory, by implementing an agile, continuous …

Control Spare Parts Inventory Obsolescence by Predictive …

A predictive algorithm is designed which predicts part obsolescence well in advance with reasonable accuracy thus helping save millions of dollars. The Factory supply chain management spends billions of dollars every year to procure and manage equipment spare parts. Due to technology and processes changes, some of these spares become …

The Big Lie of Spare Parts Obsolescence

Sometimes spare parts become obsolete from vendor decisions to stop supplying parts, even though the equipment that uses the parts is still in use. In this circumstance, you need to consider your End …

Component replacement and reordering policies for …

costs for obsolete spare parts in their maintenance models. Kim et al.(1996) include the costs of obsolescence into the holding cost of spare parts in a multi-echelon system. They develop an optimization algorithm to find the spare parts level that minimizes the expected total cost while satisfying a specified service rate. Walker (1996 ...

Optimal inventory control and design refresh selection

Fortuin (1980) first study how firms facing supply discontinuation of spare parts can ensure service levels with the final order. When procurement costs of service parts become higher after obsolescence, Teunter and Haneveld (2002) propose an ordering policy characterized by a series of decreasing order-up-to levels.

How industrial and aerospace and defense OEMs can win the obsolescence …

Step 1: Identify alternate suppliers for the component. The first step is to identify any potential alternate suppliers for a given component that faces obsolescence. This is the most attractive solution, as it avoids virtually all new engineering costs. A comprehensive scan of the market, with full engagement from the OEM, distributors, and ...

Obsolescence Management by Kontroltek | Obsolete Parts …

Obsolescence management is the planning of identifying and preparing for when your parts, spares, components and software become obsolete. Unfortunately, it is common practice for OEMs like ABB and Siemens to discontinue their series as they release newer models. For engineers in the manufacturing world, like yourself, it doesn't make ...

Take Action to Deal with Part Obsolescence

Redesign the system or subsystem with obsolete parts. For circuit boards, this may involve using a custom ASIC or further integration thus avoiding the need for specific parts. In some cases using new materials or manufacturing processes reduce the need for the obsolete parts. 2. Use a regular refresh strategy.

Obsolescence – A review of the literature

In economics, obsolescence is the fact that a productive asset may become outdated, and thus lose its utility, simply because of technical developments or fashion, even if the item is in its perfect operational state [ [2], [3], [4] ]. Two standards introduce two different definitions for the word "obsolete.".

Obsolete Components: Find (& Get Rid of) Spare …

Obsolete Components: Find (& Get Rid of) Spare Parts. Published by AMT on Jun 17, 2020 11:48:34 AM. Obsolescence of automated systems is an unavoidable part of any manufacturing …

Identifying Parts Obsolescence Early

Identifying Parts Obsolescence Early. One aspect of creating a new product or system is the sourcing of parts, components, and materials. Gone are the days of your organization providing every element of the …

Spare parts obsolescence management

Spare parts obsolescence refers to the situation where components or parts of a plant or system are no longer available or supported by the manufacturer, making it difficult to repair or maintain the operation of a …

Tackle obsolescence with additive manufacturing | Plant …

Although obsolescence is an unavoidable part of any manufacturing environment, manufacturers do not need to scramble to find replacements. 3D printed spare parts could be an answer to replacing obsolete parts, but won't completely replace the need for a strong parts supply network across the United States.

The impact of parts obsolescence on contracts for

Component obsolescence is a challenging factor for spare parts management which affects the overall system performance. ... Lifetime buys are one tactic for mitigating the effect of part ...

Tips for Managing Parts Obsolescence and Product …

Obsolescence (OBS) is the process of becoming outdated and no longer being used. This term is typically associated with lower-level parts, commonly known as purchase parts. A parts vendor can replace …

Obsolescence Management Portal | Obsolescence

The Obsolescence Management Portal allows all rail operators, as well as national and regional transport companies, to obtain information on the topics of obsolescence management and spare parts supply together with all registered members and to exchange vehicle-specific information. 2 months free access including digital, personal introduction ...

6 Steps to Equipment Obsolescence Management

Of course, when it comes to construction, the term "equipment" covers a large array of machinery and tools, together with their components, spare parts, and accessories. Combined with all the ways in which equipment obsolescence can occur, this means that determining which equipment is in more or less immediate danger of becoming obsolete ...

Obsolete Components: Best Practices to Find (Or Get Rid Of) …

Obsolete Components: Best Practices to Find (Or Get Rid Of) Spare Parts - Secure Components. December 28, 2023 by Kerri Fox. In today's fast-paced …

Obsolescence Management as a Tool for Effective Spare …

Spare Parts Management; Obsolescence Management; End of Life 1 INTRODUCTION The main task of the spare parts management for long-living primary products is to guarantee an efficient spare parts supply beyond the end of serial production. Apart from a supply obligation regulated by law or

The Reality of Avionics Parts Obsolescence

By Bill Forbes – Director of Avionics Sales for Elliott Aviation. Parts obsolescence is inevitable in aviation. The longer the aircraft has been in circulation, the harder it can be to find parts. This especially holds true in avionics because of the parallels they have with consumer electronics. The components that make up the avionics found ...

Obsolete Components: Best Practices to Find (Or Get Rid Of) Spare Parts

By optimizing inventory levels and reducing the risk of stock obsolescence, companies can minimize carrying costs and improve cash flow. The system can generate reports and analytics that help identify trends and make informed decisions to further optimize inventory management. ... To ensure the genuineness and quality of spare …

Spare Part and Obsolete Management

With the best overview of the spare part market, SKAN gives you useful advice on optimal ordering times, the risks of last minute orders and other practical purchasing tips. A good spare part management significantly reduces the risk of long downtimes. Predictive obsolescence analysis. The spare part market is subject to constant change.

Obsolete Components: Find (& Get Rid of) Spare …

Obsolescence of automated systems is an unavoidable part of any manufacturing endeavor. There are many strategies to keep older systems running, such as stockpiling replacement parts and carefully …

Inventory models for fast moving spare parts subject to …

Abstract. Simple inventory models are developed for fast moving spare parts subject to the risk of unexpected, immediate obsolescence. The approach does not require a precise knowledge of the probability distribution of the moment of obsolescence, as is the case for models discussed in the literature. A rough estimate of the obsolescence risk ...

Obsolescence Management: How To Mitigate Risks And …

Ultimately, obsolescence can occur while the product is still in use, though demand or usefulness declines. The Cost Of Obsolescence . Parts carry costs all throughout their life cycle. Lifecycle costs include: Initial design and production of the original products (labor, materials, etc.) Production of spare inventory

Obsolescence – A review of the literature

Obsolescence is the act of becoming obsolete, outdated, outmoded, etc. It is a trend to make something "out-of-date.". The book of Vance Packard [1], published in 1960, is one of the most important and oldest documents discussing the impacts of obsolescence. The author gave examples of obsolescence in airplane and automobile …

Spare Part Inventory Management Best Practices

Obsolescence refers to spare parts becoming outdated or no longer needed, leading to surplus inventory and wasted resources. Organizations must regularly check their spare parts stock to minimize obsolescence and assess the demand for each part. Reducing Surplus Inventory. Companies must also reduce surplus inventory for spare parts …

Tackling Obsolescence With Additive …

While these investments can make sense in an R&D environment, they might be counterproductive to produce spare parts that you might only occasionally need. In cases like this, it is much faster and …

OBSOLESCENCE IN INVENTORY MANAGEMENT

vironment and training parts personnel, I realised there is a huge gap in awareness and understanding the necessary steps in addressing OBSOLESCENCE. The average 3S dealership has a significant portion of their working capital invested in Spare Parts. When the overall business is good, aging parts may go unnoticed.