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Explore strategic obsolescence management

Alstom’s obsolescence director, Stuart Broadbent

IIOM returns to London for its 2023 International Conference and Exhibition, addressing the strategic side of obsolescence management over two days in October

 

Proactive and reactive approaches to obsolescence management are now well understood, even if not fully implemented in all industry sectors. For through life support of long lifecycle assets in industries such as aerospace, defence, medical, nuclear and rail, obsolescence management needs to be strategic.

 

The latest version of the standard for obsolescence management, IEC 62402:2019, introduced the concept of strategic obsolescence management. It states that when obsolescence management is planned and implemented early in the life cycle, this strategic approach should reduce the cost and detrimental impact on customer operations later in the life cycle.

At the 2023 Conference, delegates will explore when a strategic approach is appropriate and consider how technology refresh and upgrade can be planned during the system or product life cycle. In the call for conference papers, IIOM is looking for case studies describing how performing and planning obsolescence management activities earlier in the life cycle—and taking account of obsolescence management in designing systems—has led to better outcomes and lower life cycle cost.

 

The electronic component crisis of the last years has necessarily forced businesses to take urgent action to mitigate delivery and cashflow risk. The conference will also explore the lessons that can be learnt by applying the principles of obsolescence management so that businesses are less vulnerable to future supply chain shocks.

 

IIOM looks forward to welcoming obsolescence management professionals, solution providers, procurement specialists and academics from around the world to London on 25 and 26 October 2023 to share knowledge and build their network.

 

www.theiiom.org