AS IEC 62402:2014 provides guidelines for establishing an obsolescence management framework and for developing a cost-effective process that is applicable throughout the entire product life cycle. The term “product” encompasses:
• Capital equipment;
• Infrastructure;
• Consumer durables;
• Consumables;
• Software products.
Obsolescence management covers several areas:
a) Designing new products;
b) Integrating new technology into existing products;
c) Support and maintenance of legacy products.
