<\/p>\n
Costly supply bottlenecks<\/strong> arise when a component, material, tool, process, assembly, software or standard necessary for the production or repair of a company\u2018s own product is no longer available from the manufacturer.<\/strong> This is known as \u2018obsolescence\u2018. That is why it is becoming increasingly important to practice active management to reduce or completely avoid unplanned costs<\/strong>.<\/p>\n Discontinuation and obsolescence cases occur in all sectors of high investment goods (capital goods, infrastructure, consumer durables, consumables and software products) Handled correctly, reactive, proactive and strategic obsolescence management is used to reduce or avoid production or service loss over the entire life cycle. This must also be considered when extending the planned useful life of equipment, machinery or means of production.<\/p>\n","protected":false},"excerpt":{"rendered":"Your Benefits<\/h2>\n