A Guide to the Benefits of a Bill of Materials (BOM)
EazyStock
JULY 2, 2021
It is worthwhile to document how each component is procured e.g. the manufacturer, or supplier used, the lead time, whether it is made-to-order or off-the-shelf etc. This involves ordering the right amount of stock to meet production or servicing schedules, or to fulfill forecasted sales. Procurement type. Less wastage.
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