All products become obsolete

What is Obsolescence Management?

Everything moves so fast in today’s society, so it is pretty easy to understand the importance of managing risks that may almost seem unmanageable. One of these areas includes understanding the management of those products which may soon become obsolete. It is hard for businesses to invest capital in such necessary items as hardware, software,…

Apple undertaking Obsolescence Management

Understanding the Importance of Obsolescence Management

Obsolescence Management has a high impact in companies around the world. That is why businesses and companies are encouraged to understand and interpret this phenomenon. First, understand that obsolescence can happen to any company when their services and products are no longer needed by the demographic group they are targeting. This phenomenon can be caused…

All products become obsolete

Obsolescence Management for the Twenty-First Century

The exponential growth of knowledge in the past several decades creates very rapid cycles of product innovation. The latest gadget can become outdated very quickly. For many companies, this can become quite problematic when their product depends on other components which become obsolete and are no longer produced. This problem is often referred to as…