Obsolescence management strategies

When you need to procure the resources you need to carry out a maintenance task, particularly components and equipment, and you find that they are unavailable, both in your own inventory and from suppliers, the consequences can be serious - especially if the time and cost involved in finding a solution are long. So it's important to understand the risks involved and get organized:

• or to avoid obsolescence, which requires the ability to influence the sustainability of the production and supply of the good;

• or to avoid the consequences, which presupposes that you have a solution in place to deal with them, or at least minimize their effects.

However,...