Obsolescence Management is about preparing for the point when spare parts, components, or systems are no longer supported or available. Instead of reacting when problems occur, companies need a proactive strategy to identify potential risks early and secure alternatives.
When parts or data become obsolete without a plan in place, organizations face:
By managing obsolescence, companies safeguard reliability, optimize lifecycle costs, and strengthen supply chain resilience.
At Sharecat Data Services, we help organizations detect obsolescence risks early by improving the quality and structure of their data. Through processes like Data Quality Management and Inventory Optimization, we ensure that spare parts data is accurate, up to date, and actionable.
This makes it easier to replace parts before they impact operations and to ensure long-term business continuity.