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obsolescence |
Also found in: Medical, Financial, Wikipedia, Hutchinson | 0.02 sec. |
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obsolescence [‚äb·sə′les·əns] (engineering) Decreasing value of functional and physical assets or value of a product or facility from technological changes rather than deterioration. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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As part of a PBL program, there are incentives to industry to reduce demand for these parts through reliability growth and obsolescence management by using multi-year, fixed-price contracts that include specific material availability and delivery performance requirements. PartMiner's CAPS[TM] solution empowers companies by enhancing their enterprise obsolescence management, RoHS compliance, and supply chain management. The V-22 Obsolescence Management Team officially stood up in June 2004. |
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