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A Guide to the Benefits of a Bill of Materials (BOM)

EazyStock

JULY 2, 2021

This involves ordering the right amount of stock to meet production or servicing schedules, or to fulfill forecasted sales. These accurate and timely BOM forecasts can then feed into the ERP or MRP systems for purchase orders to be created. Less wastage. With an accurate bill of materials, stock levels can be optimized.

Optimal Sourcing

Optimal Sourcing Manufacturing Procurement Material Savings Procurement Solutions

Bill of Materials Inventory management: How to improve BOM forecasting and planning

EazyStock

JUNE 23, 2021

By connecting EazyStock to your ERP or MRP, it can calculate the demand forecasts for every item in a BOM, exploding them down from the finished item to the smallest nut and bolt. With an accurate bill of materials, stock levels can be optimized, so stock is carried to meet forecasted demand with a deliberate level of safety stock as back-up.

Supply Chain Planning Software

Supply Chain Planning Software Material Savings Inventory Reduction Inventory

A Guide to the Benefits of a Bill of Materials (BOM)

Bill of Materials Inventory management: How to improve BOM forecasting and planning

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