Phased Out Products and Technical Obsolesence Kit (Publication Date: 2024/03)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Does the supplier have the technical competence to provide the project products which will meet the project outcome sought?
  • Can project decision makers be assured that products have been commissioned, implemented or rolled out according to plan?
  • Which products and services will be phased out?


  • Key Features:


    • Comprehensive set of 1315 prioritized Phased Out Products requirements.
    • Extensive coverage of 74 Phased Out Products topic scopes.
    • In-depth analysis of 74 Phased Out Products step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 74 Phased Out Products case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Older Versions, Outdated Procedures, End Of Life Cycle, Obsolete Standards, Transitioning Systems, Outmoded Techniques, Obsolete Tools, Obsolete Technologies, Phasing Out, Obsolete Models, Obsolete Languages, Outdated Methods, Obsolete Software, Upgraded Versions, Obsolete Platforms, Software Obsolescence, Retiring Technology, Obsolete Programming, Technological Obsolescence, Vintage Programs, Technological Advancements, Incompatible Technology, Legacy Code, Obsolete Hardware, Retired Software, Outdated Code, Obsolete Equipment, Updated Versions, Obsolete Components, Obsolete Processes, Legacy Applications, Dropping Support, Software Updates, Older Models, Obsolete Operating Systems, Outdated Programs, Replaced Components, Backward Compatibility, Retired Systems, Antiquated Systems, Upgrade Requirements, Phasing Out Practices, Discontinued Models, Obsolete Infrastructure, Outdated Versions, Adapting To Change, Discontinued Tools, Outdated Features, Obsolete Systems, Outdated Technology, Obsolete Practices, Phased Out Products, Technological Advances, Incompatible Systems, Deprecated Features, Signature Updates, Upgraded Software, Transitioning Technology, Discontinued Practices, Discontinued Products, Obsolete Devices, Upgraded Systems, Lack Of Support, Obsolete Applications, Outdated Hardware, Evolving Standards, Backwards Compatibility, Legacy Systems, Redundant Processes, Technological Evolution, Obsolete Features, Evolution Of Technology, Unsupported Platforms, End Of Product Life




    Phased Out Products Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Phased Out Products


    Phased out products are products that will no longer be produced or sold by the supplier, and it is important to assess if the supplier has the necessary skills to provide alternative products that will meet the desired outcome.


    1. Upgrade or update the product to a newer version - ensures compatibility and improved functionality.
    2. Utilize alternative vendors for the same product - diversifies options and reduces reliance on a single supplier.
    3. Consider custom solutions or modifications - tailors the products to specific project needs.
    4. Explore new technologies that can replace the phased out product - introduces innovative solutions.
    5. Develop contingency plans in case of supplier failure - minimizes disruptions and delays.
    6. Invest in training for employees to use alternative products - ensures smooth transition and minimal impact on operations.
    7. Negotiate with the supplier for extended support or warranty - provides a temporary fix while seeking long-term solutions.
    8. Consider refurbished or used products - provides a cost-effective option for short-term use.
    9. Collaborate with other organizations facing similar challenges - collective buying power may yield better solutions.
    10. Implement strict product selection criteria for future purchases - avoids investing in products with a high risk of obsolescence.

    CONTROL QUESTION: Does the supplier have the technical competence to provide the project products which will meet the project outcome sought?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:
    In 10 years, our company will no longer rely on any phased out products from external suppliers. Instead, we will have developed our own innovative and sustainable solutions to meet our project needs. Our company will be a leader in the industry, known for our unique product designs and cutting-edge technology that sets new standards for performance, efficiency and environmental responsibility.

    Our goal is to have complete control over the entire lifecycle of our products, from conception to disposal. We will have implemented a closed-loop system where our products are designed to be easily disassembled and all components are either reused or recycled. This will drastically reduce waste and minimize our impact on the environment.

    Additionally, our company will have developed strategic partnerships with leading researchers and institutions to continuously discover and develop new materials and technologies that can be incorporated into our products. This will ensure that we stay ahead of the curve and maintain our competitive edge in the market.

    Our team will also prioritize continuous improvement and innovation, constantly pushing the boundaries and challenging ourselves to think outside the box. We will not settle for anything less than excellence in all aspects of our products and processes.

    Overall, our big hairy audacious goal for 10 years from now is to revolutionize the way companies approach the use of phased out products. We will lead by example and set a new standard for sustainability and innovation in the industry. Our dream is to create a world where all products are designed with the future in mind, leaving a positive impact on both our planet and our customers.

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    Phased Out Products Case Study/Use Case example - How to use:



    Case Study: Evaluating Supplier Technical Competence for Phased Out Products

    Synopsis:

    Our client is a multinational electronics company that specializes in manufacturing and selling consumer electronics products such as smartphones, laptops, and tablets. The company has been facing stiff competition in the market due to the rising popularity of new technological advancements and changing consumer preferences. As a result, the company is planning to phase out some of its existing products and introduce new ones to stay relevant in the market.

    To carry out this project successfully, the company needs to find a reliable supplier who can provide the necessary components and materials for the new products. However, the company′s management is concerned about the technical competence of potential suppliers and whether they will be able to meet the project′s outcome. This case study aims to address this question by evaluating the technical competence of potential suppliers and providing recommendations for selecting the most suitable one.

    Methodology:

    To assess the technical competence of potential suppliers, our consulting team followed a rigorous methodology, which involved three phases: research, evaluation, and recommendation.

    1. Research:

    The initial step was to conduct comprehensive research to understand the market trends, competitors, and best practices in supplier selection. We analyzed consulting whitepapers from reputable consulting firms such as McKinsey, Bain, and BCG to gain insights into effective supplier selection strategies. Additionally, we studied academic business journals and market research reports to understand the current trends and challenges in the consumer electronics industry.

    2. Evaluation:

    Based on our research findings, we developed an evaluation framework to assess the technical competence of potential suppliers. The framework consisted of the following criteria:

    • Supplier experience and track record: This included evaluating the supplier′s past projects, capabilities, and reputation in the industry.
    • Technological expertise: This involved assessing the supplier′s technical knowledge and skills related to the components and materials required for the project.
    • Quality control processes: We evaluated the supplier′s quality control processes to ensure that they can provide high-quality components and materials consistently.
    • Innovation capabilities: We assessed the supplier′s ability to innovate and introduce new technologies, which could potentially benefit the project.
    • Financial stability: We evaluated the financial stability of potential suppliers to ensure their long-term viability.
    • Sustainability practices: We evaluated the supplier′s sustainability practices, such as using environmentally-friendly materials and promoting ethical labor practices.

    Our team then reached out to potential suppliers and conducted in-depth interviews to gather relevant information and insights on the above criteria. We also requested references from the suppliers′ existing clients to gain a better understanding of their capabilities.

    3. Recommendation:

    After evaluating potential suppliers based on the established criteria, our team presented our findings to the company′s management. We provided a detailed report highlighting the strengths and weaknesses of each supplier, along with our recommendations for the most suitable one.

    Deliverables:

    • Detailed evaluation report: This report provided a comprehensive analysis of potential suppliers′ technical competence, along with our recommendations.
    • Supplier scorecards: We developed scorecards to rank potential suppliers based on the evaluation framework.
    • Presentation to management: Our team presented our findings and recommendations to the company′s management, addressing their concerns and queries.

    Implementation Challenges:

    The primary challenge of this project was to assess suppliers′ technical competence accurately. This was mainly due to the lack of standardized metrics for evaluating suppliers′ technical capabilities. To overcome this, our team used a rigorous evaluation framework that took into account various key factors, providing a holistic picture of potential suppliers′ technical competence.

    KPIs:

    To ensure the success of this project, we set the following key performance indicators (KPIs):

    • Time to evaluate suppliers: Our team aimed to complete the supplier evaluation process within a designated timeline to ensure minimal disruption to the company′s current operations.
    • Accuracy of assessment: We aimed to provide a comprehensive and accurate evaluation of potential suppliers′ technical competence to facilitate an informed decision by the company′s management.
    • Supplier satisfaction: We aimed to achieve a high level of satisfaction from potential suppliers through clear communication, transparency, and fairness in our evaluation process.

    Management Considerations:

    The company′s management should consider the following factors when selecting a supplier:

    • Track record and experience: The supplier should have a proven track record and extensive experience in producing components and materials for consumer electronics products.
    • Technological expertise: The supplier should have in-depth technical knowledge and skills to provide components and materials that meet the project′s technological requirements.
    • Quality control processes: The supplier should have robust quality control processes in place to ensure consistent delivery of high-quality components and materials.
    • Innovation capabilities: The supplier should have the ability to innovate and introduce new technologies to stay ahead of competitors and support the company′s future product development plans.
    • Financial stability: The supplier should have strong financial stability to ensure long-term partnership.
    • Sustainability practices: The supplier should have sustainable practices aligned with the company′s values and ethical standards.

    Conclusion:

    In conclusion, our consulting team′s evaluation process helped our client assess potential suppliers′ technical competencies accurately. This has allowed them to make an informed decision and select the most suitable supplier for their project. By following a rigorous methodology, utilizing various resources, and considering key factors, our team was able to provide valuable insights and recommendations to the company′s management. This will ultimately support the successful implementation of the project and help the company remain competitive in the market.

    References:

    1. Effective supplier selection, McKinsey & Company.
    2. Seven principles for selecting suppliers: From a low-cost country sourcing perspective, Journal of Supply Chain Management, Vol. 51, No. 4.
    3. Global consumer electronics market report, MarketResearch.com.
    4. Consumer electronics industry: Future outlook, Bain & Company.
    5. Sustainable electronics: Challenges and opportunities for sustainability in the industry, Journal of Industrial Ecology, Vol. 23, No. 1.

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