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title: Radical Automation | Radwell International GmbH
description: Radwell International Blog, your source for MRO and Automation news and information from The Global Leader in Industrial Automation Services.
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<https://blog.radwell.de/en/obsolescence-management-how-well-are-you-prepared>

## Obsolescence Management: How Well Are You Prepared?

14-May-2018 09:49:17

By [Robert Paulus](https://blog.radwell.de/en/author/robert-paulus)

The product life cycle of a technical system is often longer in practice than the availability of spare parts. Every day, manufacturers worldwide are discontinuing products, so their end of life is announced. This affects not only the systems manufacturer but largely the operator of the plant. The machine down risk for a defective component within the system increases. While it was common practice a few years ago to [stock critical components](https://blog.radwell.de/en/spare-parts-management-maintenance-production), it was soon removed in respect of warehouse costs and the tied-up capital and replaced by just-in-time [inventory availability](https://blog.radwell.com/making-the-move-to-material-handling-automation-five-lessons-0) by the manufactures or distributors.

[Read More](https://blog.radwell.de/en/obsolescence-management-how-well-are-you-prepared)

<https://blog.radwell.de/en/spare-parts-management-maintenance-production>

## Spare Parts Management in Maintenance & Production

30-Apr-2018 11:22:41

By [Robert Paulus](https://blog.radwell.de/en/author/robert-paulus)

 I would like to take you on an excursion into the world of numbers and statistics. Statistically, German companies spend 6 -10% of their gross fixed assets on annual maintenance. This currently amounts to about 250 billion in the Federal Republic of Germany \[1\] Euro annually. If we take the indirect costs of machine failures, delivery shortfalls, quality problems and short-term replacement investments into account, we talk about a value of 750 billion euros per year.

[Read More](https://blog.radwell.de/en/spare-parts-management-maintenance-production)

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### POPULAR POSTS

[Obsolescence Management: How Well Are You Prepared?](https://blog.radwell.de/en/obsolescence-management-how-well-are-you-prepared)

[Spare Parts Management in Maintenance & Production](https://blog.radwell.de/en/spare-parts-management-maintenance-production)

### Topics

- [annual maintenance (1)](https://blog.radwell.de/en/tag/annual-maintenance)
- [industrial automation technology (1)](https://blog.radwell.de/en/tag/industrial-automation-technology)
- [obsolescence management (1)](https://blog.radwell.de/en/tag/obsolescence-management)
- [obsolete (1)](https://blog.radwell.de/en/tag/obsolete)
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- [reactive (1)](https://blog.radwell.de/en/tag/reactive)
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- [strategic (1)](https://blog.radwell.de/en/tag/strategic)

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