The most important technical terms related to Obsolescence and Life Cycle Management
Learn more about the most important technical terms!
08.01.2025
Updated on 10.07.2025
2 Min.
Every maintenance technician and plant operator should address the topics of obsolescence and life cycle management. We explain the most important technical terms.
Learn more about the most important technical terms!
Discontinuation date of production by the manufacturer
Alternative, possibly incompatible spare part
Bill of materials (BOM) of a unit/ product
Bridge buy
End of production by the manufacturer
Discontinuation of sales by the manufacturer
Discontinuation of service and repair by the manufacturer
Smallest replaceable unit; multiple units make up a product
Retrofit with a new version featuring additional capabilities
Reuse of inventory products to support other products
Designation of performance indicators
Final stocking throughout the entire lifecycle
Last time delivery
Cumulative costs of a product over its lifecycle
Mean time between failures
Mean time to repair
Not recommended for new design
Transition to discontinuation of production by the manufacturer according to the original specification
Coordinated activities to direct and control an organization concerning operational management
Description of strategies for identifying and migrating impacts in cases of obsolescence
Original equipment manufacturer
Original component manufacturer
Proactive approach in obsolescence management prior to product discontinuation notice (PDN)
Product discontinuation notice
Product change notice
Reactive approach in obsolescence management after product discontinuation notice (PDN)
Comparison of the likelihood and impact of an obsolescence event
Concept in which reliability, availability, maintainability, and safety are considered during new development
Regulation of substances and mixtures in articles with or without intended release
Restriction of hazardous substances in electrical and electronic equipment
Start of production by the manufacturer
Strategic approach to obsolescence management prior to the commissioning of a new machine or system
Equivalent — functionally, parametrically, and technically interchangeable (FFF)
Would you like to learn more about obsolescence and life cycle management in the industry? In our nationwide specialist seminars, experienced experts share practical knowledge.
There are currently no items in your shopping basket.