Avoid the perils of obsolescence and excess inventories with Cyclops

06 February 2017 Last year, a study conducted for the Germany Environment Agency founded that consumer behaviour was becoming increasingly responsible for the obsolescence of certain electronic products. Using televisions as an example, the paper pointed out that 60% of purchases were made because of a desire to upgrade, rather than a need to replace. A similar report, undertaken earlier this year, found similar results and surmised that far too many appliances were being replaced despite being in good working order. This buying behaviour is becoming increasingly prevalent in certain areas, with the smartphone and tablet sector perhaps the best example of how users are continuously on the lookout to purchase newer models. A result of this behaviour is that production lines now have a small lifespan and a potentially volatile operating window, something that without pro-active management, can causes manufacturers all types of problems. What is in demand and relevant today might be superseded by a competitor tomorrow and suddenly, purchasing models become redundant overnight. The result is that devices and components, whilst still operational, can quickly become obsolete.

For more information on Avoid the perils of obsolescence and excess inventories with Cyclops talk to Cyclops Electronics Limited