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

EazyStock

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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Lean Manufacturing: Is it Really Worth It? 16 Big Benefits Say, “Yes.”

GlobalTranz

Inventory records, product specs, shipping documents contain errors. The now outmoded MRP scheduling approach too often moves inventory into stock that doesn’t reflect customer needs and cannot efficiently make frequent adjustments to accommodate variations in those needs. Overhead costs are excessive (due to systemic disorder).