Supply Chain Glossary

Glossary  >  O  >  Obsolescence  


 

Obsolescence


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Obsolete goods are goods that are no longer wanted.  In inventory control, obsolescent goods are those that are not yet obsolete, but are becoming obsolete in the future.  For example, an organisation has a ‘brand refresh’ scheduled for three months time, and stocks of the current uniform are being run down.  These uniforms are obsolescent; currently still in use, but soon to become obsolete.

The cause of some slow moving or non-moving stock in warehouses is that they have become obsolete or obsolescent goods.  Demand levels have changed due to technical change or user preference.  Good practice is to give end-users advance warning of potential changes in usage so that inventory levels can be adjusted accordingly.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Warehouse & Logistics Trainer - Nottingham
     
     United Kingdom  -  Nottingham  -  PERM  -  Page Personnel

Category Manager (x4)
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Senior Supplier Relationship Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Category Manager - Photovoltaics & E-mobility
     
     United Kingdom  -  Europe (non-UK)  -  PERM  -  Beaumont Select

Category Manager - Indirects
     
     United Kingdom  -  Europe (non-UK)  -  PERM  -  Beaumont Select

IT Supplier Relationship Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Buyer - MRO - Kettering - 26,000 to 28,000
     
     United Kingdom  -  Kettering  -  PERM  -  Supply Chain People

Procurement Business Partner - Indirects
     
     United Kingdom  -  Manchester  -  PERM  -  Michael Page

Logistics Customer Co-ordinator - Logistics Distributor
     
     United Kingdom  -  Derby  -  PERM  -  Michael Page

Material Planner - FMCG
     
     United Kingdom  -  Spalding  -  PERM  -  Michael Page

Logistics Planner & Expeditor - FMCG Distributor
     
     United Kingdom  -  Mansfield  -  PERM  -  Michael Page

Logistics Planner & Expeditor - FMCG Distributor
     
     United Kingdom  -  Mansfield  -  PERM  -  Page Personnel

Senior Category Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Procurement Analyst
     
     United Kingdom  -  London  -  PERM  -  Beaumont Select

Procurement Manager - M&A
     
     United Kingdom  -  London  -  PERM  -  Beaumont Select

 

Supply chain E-learning



Explore available supply chain e-learning modules by language and academy



News & Trends
 

Last update 10 Mar 2023
Global manufacturing output returns to growth as supply chain constraints ease and mainland China reopens
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



Chemicals & Pharmaceuticals

Maximum safety and reliability and reducing the costs for our customers at the same time: we are able to offer the chemical industry an extensive range of chemical logistics services that hardly any other logistics specialist can match. It is our goal to harmonise our services with your specifications in s...


Education
 

Local & Regional Agenda
 


Resources
 
Erema: Gaining a competitive edge through preferential exports

Erema, an Austrian manufacturer of recycling systems, uses AEB software to accelerate the proper classification of its components, manage supplier’s declarations, and ensure compliance in its exports. Erema ship...

Reshaping The Interface Between Marketing And Operations In Globalizing Furniture Supply Chains

Over the past few decades, international fragmentation of production and offshore outsourcing have remarkably altered the organization of Western supply chains. Particularly in low-tech, manufacturing sectors, the fast s...


International Agenda