Discover our Proactive Obsolescence Management Application with a FREE Risk Assessment and BoM Scrub by Scheduling a Demo today. Contact us now to learn more about how our software can manage Obsolescence.
For new product development, Engineering and R&D professionals must ensure that all components and materials
used are reliable, available, and compliant with relevant regulations and standards.
Our application can help engineering and R&D professionals to plan and implement risk mitigation strategies based on the analysis of BoM risks and cross-functional collaboration.
Our application aids Engineering and R&D professionals in Obsolescence analysis, enabling them to identify potential obsolescence and or environmental compliance concerns with components.
By proactively identifying and addressing potential risks, our application can help engineering and R&D professionals to improve their product development process, reduce the risk of supply chain disruptions, and minimize time-to-market.
Our application can enable engineering and R&D professionals to collaborate with other teams, such as supply chain, procurement, quality and compliance, to manage risks throughout the product lifecycle.
For those involved in sourcing and procurement our Obsolescence Manager and proactive obsolescence management SaaS application is ideal.
Optimize sourcing strategies, achieve cost savings, and mitigate supply chain disruption risks.
Mitigate supply chain disruption risks and ensure continuity of supply for critical components.
Manage product lifecycle and ensure continuity of supply for critical components.
Manage parts obsolescence risk, optimize sourcing strategies, and improve overall supply chain performance.
Ensure parts availability throughout production run and mitigate supply chain disruption risks.
For large organizations seeking to streamline their electronic component procurement process and mitigate risks associated with parts obsolescence.
Reduce the cost and complexity of managing parts obsolescence and supply chain risks. Improved visibility of components used across business units and increases the efficiency in identifying potential alternates. The amount of time needed to identify alternative parts can be 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 can be significantly faster as the alternative parts had already been qualified in other BoMs.
The workflow entails a recurring sequence of BoM analysis and risk identification, risk resolution, change implementation, and continuous monitoring. The software application provides tools for each step of the process and facilitates collaboration between users with different roles to effectively manage BoM risks.
Our Obsolescence Manager SaaS software application provides a comprehensive set of features to help users effectively manage risks and mitigate the impact of obsolescence. Key features of our solution include:
Our software generates detailed risk reports that identify risk
types and risk priorities, along with a critical parts list and
further actions to be taken.
Our solution includes a risk mitigation workflow that helps users take actions address identified risks. This includes actions with procurement, alternate finding, and engineering functions.
Our software includes a part search by manufacturer part numbers (MPNs) and internal part numbers (IPN). Part Search brings results by searching our database and parts from BoM across the products, business units and divisions of our customer organization.
Our software sends escalations and notifications to drive monitoring and productivity across cross-functional teams involved in the sustainability change tracking process. This helps to ensure that issues are identified and addressed in a timely manner.
Our customers can benefit in various ways from the unique features of our software Key differentiators of our solution include.
Coverage with first-time scrub within 2-3 weeks, enabling identification of potential risks: Our software provides 100% coverage of the BoM, allowing for comprehensive risk assessment and mitigation. The first-time scrub is conducted within 2-3 weeks, providing customers with timely information on potential risks to their production line.
based on BoM parameters for clear action and minimal production downtime: Our tool prioritizes risks based on BoM parameters such as EAU and inventory data by categorizing risks into high, medium, and low priority, the software provides clear actions to minimize production downtime.
Cross-comparison of BoMs to identify alternate components and mitigate risks: Our software goes beyond typical approaches by cross-comparing the BoMs of all products in a customer organization to identify alternate components The amount of time needed to identify alternative parts can be decreased by 25%.
Ensures compatibility and performance of replacement components: Our engineering team evaluates circuit compatibility and confirms that replacement components meet application requirements. They capture form, fit, and function specifications with accuracy to ensure no impact on system performance.
Risk mitigation includes notifying procurement team for right inventory levels and change implementation: In addition to finding alternate components, our software notifies the procurement team of the right inventory levels based on the risk types and levels.
Continuous monitoring with 100% BoM coverage for uninterrupted production and minimized downtime: Our software offers continuous monitoring with 100% BoM coverage for ongoing risk assessment and mitigation. This ensures uninterrupted production and minimizes downtime.
Support for redesign projects with 25% reduction in overall development time/cost: We offer support for redesign projects by leveraging reusability for hardware/firmware design. This results in a 25% reduction in overall development time and cost.
During the demo, our team member will showcase the key features and benefits of the software, provide answers to any questions or concerns, and give you a chance to test out the software yourself.
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iLenSys Technologies Pvt. Ltd.
8-2-293/82/L/231/ABC,
MLA Colony, Road No: 12, Banjara Hills,
Hyderabad, Telangana 500 034
Phone: 040 – 66998246, 040 – 66998234
Email: info@ilensys.com