Before examining these five key requirements, it’s worth understanding how BOM management has evolved and what outdated options you might see in your search for a solution.
Over the past few decades, we have seen BOM management evolve from manual or unintelligent records to more structured and intelligent ones. As technological advances were introduced with software applications and relational databases, the ability to manage complex BOMs improved to yield these key benefits:
While each advancement introduced more effective ways to create, change, and release BOMs, most failed to deliver benefits to the entire product team from early design through production. Here are some key benefits and weaknesses to consider.
Impact of Complex Products and Supply Chains
The Evolution of BOM Management
Early BOM Management Solutions
Addressing Broader Product Development Processes
Extending Traditional PLM Boundaries
Contrasting BOM Management Solutions
The 5 Key Factors to Drive Intelligent BOM Management
Proven BOM Management for Product Innovators & Zero Wrong BOMs