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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

AUGUST 1, 2022

A BOM may be a relatively simple document or a complex, multi-levelled product description made from multiple sub-assemblies. The combination of MPS, BOM and MRP information determines the items to be manufactured, in what quantities and by when, and what must be procured. However, BOM offers more value.

Optimal Sourcing

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction

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

GlobalTranz

JUNE 1, 2015

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).

Manufacturing Procurement

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction

The role of a Bill of Materials in optimizing your inventory management

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

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