The Missouri Radio Message Board by ArtMorris.com > Radio Discussion Groups > Engineering > Managing Life Cycle of Your Product |
The Missouri Radio Message Board by ArtMorris.com > Radio Discussion Groups > Engineering > Managing Life Cycle of Your Product |
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| Managing Life Cycle of Your Product | Rate Topic |
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| Posted: Wed Feb 1st, 2012 10:54 am |
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1st Post |
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orchid Member
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The electronics industry is the world's largest and fastest growing manufacturing industry. Recent policy changes in India have led to an influx of leading multinational companies to set up electronics manufacturing facilities and R&D centers for hardware and software. This has no doubt helped the global economy to grow faster and fueled increase in the consumption rate of electronics products. Along with the economic growth and availability of electronics goods in the market has increased temptation of consumers to replace their household electronics items with newer models for various reasons. The net effect is a higher rate of obsolescence, which is leading to growing piles of e-waste. Today it seems almost impossible to get through design, test and into use before reaching end-of-life of a product’s key components. Obsolescence can occur due to any number of factors. Market changes, technological advances, product expirations and reduced value to name a few. Most companies deal with obsolescence in a reactive way where they suddenly find that a component is not available. Companies promote pro active management where tools and procedures are put in place which monitor the life cycle of components and aim to have as much information as possible available on their bill of materials. In this way fewer surprises are received and cost savings can be made in the longer term. obsolescence management tools of various kinds are available which can monitor the life cycle of components, inform about last time buys, provide product change notices, and provide access to data sheets and many other functions to assist the management of obsolescence.
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| Posted: Mon Mar 26th, 2012 08:41 am |
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2nd Post |
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Colleen Member
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This has no doubt helped the global economy to grow faster and fueled increase in the consumption rate of electronics products. Along with the economic growth and availability of electronics goods in the market has increased temptation of consumers to replace their household electronics items with newer models for various reasons. The net effect is a higher rate of obsolescence, which is leading to growing piles of e-waste. ______________________ Energy Star Dehumidifier Last edited on Sat Mar 31st, 2012 07:26 am by Colleen |
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