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bb254 replied to the topic Product Obsolescence in the forum Product Life Cycle and Product Management 7 years ago
My first project as a Biomedical Engineer was to obsolete a product line that was sold to Japan. Based off marketing’s decision the cost to produce the product did not match the profit compared to other product lines that the company was manufacturing. Due to the obsoletion of the product from the market, I was responsible for transitioning all associated quality system documentation from an issued to closed obsolete state within our database. Any existing product within the warehouse and vendor had to be scrapped and accounted for. In the long run, this decision increased our profit because instead of spending money to produce this product we developed advances to another product line which increased our sales