Determination of the individual assembly risk
Life Cycle Check
Risk analysis as part of the EICHLER Life Cycle Check
There are countless forms and methodologies of risk analysis available on the market that can provide insights into the condition of your machines and systems. However, they all share one common challenge: The need to painstakingly gather, collect, and store all relevant data over time before any meaningful results can be drawn from the complete configuration of your machinery and equipment.
Understanding the current condition, historical development, and future outlook of individual units is crucial for effective Life Cycle Management - especially when it comes to developing a strategy to sustainably secure system availability in the face of obsolescence. Current standards and guidelines for obsolescence management already recommend conducting a risk analysis.
However, when having a closer look at the various forms of risk analysis, numerous obstacles become apparent. For example, in this area, time, resources, and the necessary expertise are often lacking - even for answering fundamental question such as: “Who is qualified to conduct a risk analysis?”, “When should a risk analysis be carried out?” and “What data is actually required to perform a meaningful risk assessment?”
For this reason, we offer you our expertise and experience in obsolescence management, either building on the inventory assessment we have already conducted together or based on the data you currently have available. Our continuous market analysis and monitoring enable us to provide valuable insights. Understanding how the market behaves, how it is evolving, and how it may develop in the future is critical for shaping a reliable supply strategy and planning ahead with confidence.
How the Life Cycle Check works
Using these components, we determine both the current and the expected future overall risk of each assembly in your sytem.
Product status/ Obsolescence analysis
Within the product status and obsolescence analysis, usable results can already be achieved through available core data, such as the manufacturer's part number. At this stage, live data from your machine or system are not yet involved. This type of analysis determines the availability status of your individual units, both in relation to the original manufacturer and to EICHLER. The product status and obsolescence analysis always go hand in hand with the economic risk analysis.
Economic risk analysis (Obsolescence risk)
Building on the product status and obsolescence analysis, the economic risk analysis is applied. This is based on several factors, with the product status of the original manufacturer and EICHLER being the most important foundation. Live data from your machine or system can also be used for more meaningful analyses at this stage. In this way, much information can be gathered based on your inventory or planned usage duration.
Technical risk analysis
The technical risk analysis refers to the measure used to assess the probability and impact of a system breakdown. Classic maintenance metrics include MTBF (Mean Time Between Failures) and MTTR (Mean Time to Repair), but more general data, such as failure frequency, can also play a significant role in the technical assessment. The particular challenge, however, lies in the long-term recording of live data from your system or machine.
Specific overall risk for every unit
To ultimately bring all evaluations to a common denominator, the results of all previous analyses are consolidated, resulting in an overall risk composed of obsolescence and technical factors. Such analysis results can provide fundamental support for a variety of objectives. For example, inventory can be optimised, capital costs reduced, and system availability improved.
The 3 steps of EICHLER Life Cycle Management
Configuration Management
We analyze your asset and warehouse inventories and provide a meaningful, structured database.
Life Cycle Check
We determine the current and expected future overall risk of each unit or assembly in your system.
Supply Strategy
We implement a tailor-made mix of supply strategies to ensure long-term system availability.
