We combine both of these aspects into a Purchasing Risk Rank score in order to focus in on risk elements that would be most pertinent for purchasers to be aware of. Other factors like environmentalĬertifications (RoHS) feed into this as well, as non-certified parts are more likely to become obsolete in the future. It is supremely disruptive to mature products, because there may not even be replacement parts available. If a chip manufacturer decides to stop making a particular chip, This means part risk goes up with the likelihood of obsolescence. Whereas military and industrial electronics could be produced from anywhere from 30-50 years. Some automobile electronics are made consistently for 5-10 years,
The amount of time that a product is manufactured often depends on the industry. Therefore, if a part is available in the online marketplace and has available FFF components, it will be listed as lower risk. It is possible to utilize alternative parts if things go wrong during this phase, but they need to be FFF (form, fit, function) compatible.
If something goes awry – the design is the locked-in and a primary risk factor is the component availability in the marketplace.
During the production phase, there is no time to test new components
Sourcing parts reliably is the essential task during this phase,Īs it determines whether the product can continue production. The production phase is when the product is being assembled. The risk is characterized across three product phases:įor Purchasing Risk Rank, we focus on the Production and the Long Term Phases on Findchips in our evaluation of Risk. Such as datasheets and reference designs, have an impact on determining the overall riskiness of a part. Even the availability of manufacturer specifications and part documentation, Risk Rank is determined by a combination of factors such as product lifecycle status, price & inventory votality,Ĭurrent inventory availability, and much more.
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