Bills of Materials
What is Bills of Materials?
A Bill of Materials (BOM) is a comprehensive list of the raw materials, components, assemblies, subassemblies, parts, and the quantities of each needed to manufacture an end product. It essentially serves as a recipe or blueprint for production, outlining every item required and their hierarchical relationships. BOMs are crucial for manufacturing planning, purchasing, inventory control, cost estimation, and production scheduling. They are used to calculate material requirements, manage inventory levels, and ensure that all necessary components are available when needed for assembly. Modern BOMs are often managed using specialized software within ERP or PLM systems, allowing for version control, change management, and integration with other business processes.
Which job functions mention Bills of Materials?
Which organizations are mentioning Bills of Materials?
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