The Bill of Materials (BOM) is a comprehensive directory that lists all raw materials, components and assembly instructions required for the production of a product. In the manufacturing industry, the BOM serves as a critical source of information that supports the entire production process from planning to manufacturing.
An accurate and well-organized BOM goes a long way in increasing efficiency by optimizing material procurement, shortening production times and reducing costs. In addition, effective BOM management helps companies to improve product traceability and ensure compliance requirements are met. By using modern BOM management tools, companies can seamlessly coordinate their product development and manufacturing, increasing their marketability and competitiveness.
