BS EN IEC 62402:2019 Obsolescence Management

In the fast-paced world of technology and engineering, managing obsolescence is crucial to maintaining the efficiency and reliability of systems and products. The BS EN IEC 62402:2019 Obsolescence Management standard is your comprehensive guide to understanding and implementing effective obsolescence management strategies. Released on July 15, 2019, this standard is an essential resource for professionals seeking to mitigate the risks associated with obsolescence in their operations.

Key Features of BS EN IEC 62402:2019

• Standard Number: BS EN IEC 62402:2019
• Pages: 52
• Release Date: July 15, 2019
• ISBN: 978 0 580 96776 4
• Status: Standard

Why Obsolescence Management Matters

Obsolescence management is a critical aspect of lifecycle management for any organization that relies on technology and engineering systems. As components and technologies evolve, older systems can become obsolete, leading to increased costs, reduced efficiency, and potential operational risks. The BS EN IEC 62402:2019 standard provides a structured approach to managing these challenges, ensuring that your organization can adapt to changes and maintain operational continuity.

Benefits of Implementing Obsolescence Management

By adopting the guidelines set forth in the BS EN IEC 62402:2019 standard, organizations can enjoy a range of benefits, including:

• Cost Savings: Proactively managing obsolescence can help reduce the costs associated with last-minute replacements and emergency repairs.
• Risk Mitigation: Identifying potential obsolescence issues early allows organizations to plan and implement solutions before they impact operations.
• Improved Efficiency: By ensuring that systems and components are up-to-date, organizations can maintain optimal performance and efficiency.
• Strategic Planning: The standard provides a framework for long-term planning, helping organizations align their obsolescence management strategies with their overall business goals.

Comprehensive Coverage

The BS EN IEC 62402:2019 standard covers a wide range of topics related to obsolescence management, including:

• Identification of Obsolescence: Techniques for identifying components and systems at risk of becoming obsolete.
• Assessment and Analysis: Methods for assessing the impact of obsolescence and analyzing potential solutions.
• Planning and Implementation: Strategies for developing and implementing effective obsolescence management plans.
• Monitoring and Review: Guidelines for ongoing monitoring and review of obsolescence management activities.

Who Should Use This Standard?

The BS EN IEC 62402:2019 standard is designed for a wide range of professionals involved in the management of technology and engineering systems, including:

• Product Managers
• Supply Chain Managers
• Maintenance Engineers
• Procurement Specialists
• Risk Management Professionals

Conclusion

In an ever-evolving technological landscape, the ability to effectively manage obsolescence is a key factor in maintaining the competitiveness and reliability of your organization. The BS EN IEC 62402:2019 Obsolescence Management standard provides the tools and guidance you need to navigate these challenges with confidence. With its comprehensive coverage and practical insights, this standard is an invaluable resource for any organization committed to proactive obsolescence management.

Invest in the future of your organization by embracing the principles of obsolescence management outlined in the BS EN IEC 62402:2019 standard. Ensure that your systems remain efficient, reliable, and ready to meet the demands of tomorrow.

BS EN IEC 62402:2019

• 29.020 Electrical engineering in general
• 21.020 Characteristics and design of machines, apparatus, equipment
• 03.100.01 Company organization and management in general

This document provides requirements and guidance for obsolescence management applicable to any organization that is dependent on another organization to obtain value from the usefulness of the items that it provides. A cost-effective obsolescence management process and the activities used to implement the process are applicable throughout all phases of an item’s life cycle.

This document covers the following areas:

• establishing an obsolescence management policy;

• establishing an infrastructure and an organization;

• developing an obsolescence management plan (OMP);

• developing strategies to minimize obsolescence during design;

• determining an obsolescence management approach;

• selecting obsolescence resolution and implementation;

• measuring and improving the performance of the outcomes of the obsolescence management activities.

Guidance on obsolescence management is included as notes, in the informative annexes and references in the Bibliography.