As we approach Quarter 4, many companies are busy planning and budgeting for the New Year. It is also often the time manufacturers announce product life cycles ends as well as issuing end-of-line updates. As an example, Schneider Electric recently reminded users the “End of Service and Repair Period” for PacDrive M is December 31st 2024, effectively concluding OEM support after this date.
Whilst long-term planning can mitigate disruption, real-world conditions sometimes force last-minute decisions, even after deadlines. Whether planning in advance or reacting to obsolescence news, here are some factors to consider.
Machinery Upgrades & Maintenance: assess current machinery to identify any which needs upgrading or replacing. Regular maintenance scheduling is crucial for optimal performance and longevity. This is especially important for PacDrive M equipment due to the End of Service and Repair this December 31st. Also, regularly assess when to upgrade or maintain equipment as it is often not a question of “if”, but “when” a failure or breakdown will occur. Holistic reviews, risk assessments and clear insights into your operations will guide well-timed, informed decisions.
Service Contracts: review existing contracts to ensure they provide adequate cover. For PacDrive M obsolescence concerns, we can provide comprehensive support from breakdown cover through to training. Additionally, condition monitoring with our Machine Analyser® can also be included to provide transparency on your motors, drives and controllers. Like insurance, breakdown coverage should be secured before issues arise, so ensure your service contracts provide sufficient support – especially for PacDrive M concerns. In-house engineers can be further trained up on specialist equipment so they can deal with issues as they arise. Contracts can then be used as a safety net when additional expertise may need to be called upon.
Data Analyst Recruitment: with the increasing amount of data being gathered from sensors and condition monitoring equipment, its analysis is becoming ever more important. Correct interpretation of real-time data for predictive maintenance can optimise maintenance schedules and enhance asset performance. Data analysts will help you focus on relevant data ensuring the appropriate decisions and actions are taken.
There are always many variables and unknowns which cannot be predicted. However, addressing the above will help prepare for many of the challenges and opportunities of the coming year. And for those with PacDrive M equipment, we can help you assess your risk and exposure to obsolescence and take steps to minimise unplanned downtime.