Whitepaper

Overcoming Product Lifecycle Challenges

From development to sustainment, the five P's every plan should include.

Overcoming Product Lifecycle Changes Whitepaper

ENSURE UNINTERRUPTED MANUFACTURING CYCLES AND CUSTOMER SATISFACTION IS KEY TO PROFITABILITY

It is unrealistic for an original equipment manufacturer (OEM) to expect that a product lifecycle plan can be executed from design and development to production and delivery without a bump or two along with the roadmap. Accepting this and executing a solid supply chain strategy that ensures uninterrupted manufacturing cycles and customer satisfaction is key to profitability.

Where to start? As is so prevalent today, volatile geo-risk situations, component obsolescence, counterfeit parts, component shortages, and more can directly impact your development, procurement, and product delivery. These disruptors could potentially drain millions from your bottom line.

This white paper will examine the external disruptors that impact an OEM’s supply chain and the five “Ps” for effective product lifecycle planning. These are critical components of best practices parts- management and product life cycle planning strategies.

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"Managing our component database and keeping it updated was a daunting task. Our engineers require the latest information on the electronic components selected for our products and any lapse in the availability or freshness of the data is simply not acceptable. If it weren’t for SiliconExpert’s tools, we would still be living in the stone age.”

John Starr | Component Engineer | Intermec, Inc.

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Erwan Rivet | Director of Engineering | Honeywell

"In the past, obsolescence data was limited to available/not available stats provided directly by part manufacturers. Parts were selected with little to no insight into their obsolescence lifecycle, leaving the possibility of selecting a soon-to-be obsolete part dangerously high. We’ve seen some nice savings in man hours, rather than going to a bunch of different sources, which is very time consuming, we can often just go to SiliconExpert and get the data we need right away.”

Lenny Tosto | Engineer | Northrop Grumman