Asset Bill of Materials (BoM) Management

Allan Webb Ltd provided our client with clarity over the status of their Bill of Materials for their assets, suggesting alternative or replacement parts for their obsolete and approaching end-of-life parts.

Challenge

• Client was in the process of retiring and replacing one of their systems.
• They only knew the status of 40% of their item list which was causing them significant issues in managing their assets’ lifecycle.
• Much of the original system was obsolete, especially the software which was not receiving security updates, but was still required.

Outcomes

• Completed a robust statusing process that increased the client’s known lifecycle status of their platform items from 40% to 99%.
• Identified obsolescence resolutions such as alternative items and backward compatibility for product updates where necessary.
• Improved the configuration and version control of the BoM file.
• Client has more informed knowledge of their assets’ hardware and software lifecycle status and risk.

Find out how we can help you

The obsolescence process is critical for reducing costs and downtime in any industry. If you require further information and assistance in obsolescence and parts management, or would like a demonstration of our DiamondOM tool, please email sales@allanwebb.co.uk or call +44 (0) 1453 824581.