I have had experience with obsoleting product in my company that had been cumbersome to carry as a product. These were product that had not been making the amount of money that was worth the cost of production. The undertaking was a long process, as the product had many accompanying documentation and there was existing stock in the warehouse and on the market. The existing stock would be sold as is but after this was gone there would be no further production. Once all the records were closed out the product was officially obsoleted, and it was a wise decision in the long run.