Obsolescence Management Case Study 01 Aug 2024

Challenges Faced

  • Lack of visibility of components used in other business units.
  • Inability to derive potential alternates using BoMs from other business units.

Implemented Solutions

  • Our tool can consolidate the complete bill of material from various business units and detect alternative parts within it.
  • We identify potential alternate options by analyzing bills of materials from other business units.
  • In cases where alternate options are not readily available from other bills of materials, we leverage the iLenSys part database to identify potential replacements for those parts.
  • We identify various types of alternatives, including drop-in replacements, aftermarket sources, and part substitutions that may require requalification or re-design.

Results

  • Identified approximately 25% of the potential alternatives by utilizing the BoMs of other business units.
  • For the remaining 75% of alternatives, we leveraged the iLenSys part database to identify suitable replacements from the open market.
  • Improved visibility of components used across business units and increases the efficiency in identifying potential alternates.

Business Benefits

  • The amount of time needed to identify alternative parts was decreased by 25%. This also means that for a quarter of the time, there is no need to search for alternative parts on the open market.
  • For 25% of the time, the implementation was significantly faster as the alternative parts had already been qualified in other BoMs.

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