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. These accurate and timely BOM forecasts can then feed into the ERP or MRP systems for purchase orders to be created. Procurement type.
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