" NJMET, Inc. VP Joseph Federico has officially announced their participation and exhibition at the Diminishing Manufacturing Sources and Material Shortages (DMSMS) at the Westin Diplomat Hotel in Hollywood, Florida on August 29th through September 1st, 2011.
DMSMS is the loss, or impending loss, of manufacturers or suppliers of items or raw material. The military loses a manufacturer when that manufacturer discontinues (or plans to discontinue)
Obsolescence and DMSMS are often used interchangeably. DMSMS is the lack of sources or materials; obsolescence is lack of availability due to statutory, process and design changes. An obsolete product refers to the product in question not being needed anymore, and DMSMS is driven by financial needs pushing the technological requirement of a product out of production but not necessarily out of use.
For the complete press release, see the NJMET press room: http://pressroom.prlog.org/NJMET-Testing/.
See you there!
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