Bill of Material Process

Critical aspects of the bill of material “process” need to be understood and separately addressed. Need for design data to be defined and 100% accurate. A single data entry for design data is highly desirable for effective and efficient bills of material. What is and is not included in your bill of material (BOM). Product cost data must be included in the BOM. An engineering friendly parts list should be available for markup of changes. Minimum BOM structure levels to reduce inventory carrying costs and help bridge the gap between engineering and operations. All functions that input data should measure and report accuracy and timely completion. Assure that metrics are in place and that related standards are written. Evolve the BOM as the items are released in lead time.