What is BOM Management Software?

BOM Management Software Definition

A bill of materials (BOM) is an integral part of any manufacturing or engineering procedure. It is an exhaustive list of all the parts, assemblies, and subassemblies necessary to produce a product. BOM management software is a specialized application designed to manage and organize all BOM-related data.

BOM management software enables manufacturers to create, modify, and store BOMs in a central location, making it simple for all team members to access the most recent product revisions. This software also enables manufacturers to monitor the availability and cost of each component, allowing them to make informed sourcing and inventory management decisions.

In addition to streamlining the production process, BOM management software automates the generation of purchase orders and work orders based on the BOM. This reduces errors and ensures the correct parts and components are ordered and assembled in the proper order.

The Cost

Delivering new products to market is challenging. And it is difficult to see the cost impact of one or more mistakes.

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