Bill of Materials in Excel, Planning, ERP and PLM/BMMS Software

Companies may be affected adversely by the common approaches to BOM management in ways such as those listed below: 

• Longer product development lead times 
• Lower quality final product 
• Higher management and coordination costs 
• Maintainability issues 
• Less efficient internal manufacturing planning 
• Reduced ability to leverage or maintain contract manufacturing relationships 

The above issues can be greatly mitigated by following the approaches to designing the bill of material management solution laid out in this book. Those who specialize in BOM management system implementation have known these approaches for some time; however, for whatever reason the information has not caught on with the vast majority of companies.