An Essential PLM/ERP Basic: Bill of Material Management

Achieving many benefits of Product Lifecycle Management (PLM) and Enterprise Resource Planning (ERP) systems will depend on effective BOM management.  Two best practices include 1) product structuring that meets the needs of the entire organization and 2) the highest level of accuracy so users fully trust the BOM system.  Proper structuring of the product is necessary to ensure that the organization's diverse BOM needs are met. For ERP systems, the diverse needs include costing, material issuing, and modular/pseudo BOMs for planning and forecasting purposes.  However, Design Engineering's viewing needs are different, for example, displaying BOMs by balloon (or find) number on the drawing ...

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