Bill of Materials

White Paper - The Top 5 Challenges of BOM Management

White paper focuses on top challenges of Bill of Materials (BOM) management and provides feature recommendations for BOM software solutions.

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Seeing is Knowing

For management professionals "seeing is knowing" and BOM (or bill of materials) data allow professionals to clearly see and review the information that in great measure determines some of the most in-depth and far-reaching decisions made within regulated manufacturing environments.

The Top 5 Challenges of Managing a Bill of Materials

The top 5 challenges of managing a bill of materials are listed below. These challenges, along with solution recommendations, are the focus of the Top 5 Challenges white paper:

• Product Accuracy Control
• Purchasing Dilemmas
• Configuration Management / Service and Maintenance
• Configuration Management / Product Recalls
• Maintaining Updated BOM Information

Other Issues Pertaining to the Bill of Materials

Throughout The Top 5 Challenges of BOM Management white paper, additional issues pertaining to a bill of materials issues are discussed. These issues include BOM revision control between departments, difficulties with ERP/MRP systems, data transfer issues, human error, solution workflow, change control, etc.

What can BOM Software Solutions do?

BOM software solutions won't manage an entire business but they can automate the iterative procedures associated with BOM management and other processes. An online article implicitly emphasizes the importance of standardized processes:

"Companies that are best in class at configuration management hit each of the product development and lifecycle targets that drive product profitability, on average, 89% or more of the time."

For More Information

For more information about the bill of materials or BOM software, please feel free to contact a MasterControl representative.