BOM Management

A focus on producing a comprehensive and detailed bill of materials for all products will help you reduce waste, streamline production, ensure the availability of required materials, and manage operational costs.

BOM management refers to the people, processes, and technologies utilised to effectively manage a company’s bills of materials. It includes the strategies for communicating BOM status updates to the necessary (internal and external) parties, production planning for future BOM builds, and any systems used to streamline the assembly process.

Effective BOM management brings several significant benefits like:
• Accurate production planning
• Better cost control
• Financial Analysis
• Efficient procurement
•Enhanced change management
• Quality assurance

BOM Management: We Manage

BOM
requirements

Identify the need for a new bill of
materials (or updates to an existing one
based on changes in product design,
materials, or production processes).
Determine whether you have the capacity
to complete the BOM using existing
resources.

Create a structured bill of materials

Start by creating a detailed and
structured BOM. Clearly define the
hierarchy of components and subassemblies, with accurate descriptions,
part numbers, quantities, and any other
relevant information for each item. This
provides a solid foundation for the entire
BOM management process.

Version control
system

It’s important to implement a version control system to track changes in the BOM over time. This helps to maintain a clear history of
modifications and ensures that everyone is working with the latest and approved version, reducing the risk of errors and inconsistencies.

Standardise naming
conventions

Establish, and adhere to, standardized
naming conventions for components.
Consistent and clear naming conventions
make it easier for different teams to
understand and work with the BOM,
reducing confusion and errors.

BOM structures review and
approval

Conduct thorough reviews of the
proposed BOM to identify errors,
inconsistencies, or potential
improvements. And obtain approvals
from relevant stakeholders to ensure
that all parties agree on the accuracy
and completeness of the BOM.

Collaborate across
teams

Foster collaboration between different teams involved in the manufacturing process, such as design, procurement, production management, and quality control. Regular communication helps ensure that everyone has a shared understanding of the BOM and its updates.