- Bill of Materials (BOM)
- Traditional BOM Challenges
- Automated BOM Management as a Solution
Bill of Materials
Bill of Materials (BOM) is a list of materials, assemblies, and components. BOM, in another term, is the associate list. It includes the quantities of each that a manufacturer of a company needs. Enhancing the management of a warehouse’s BOM can help increase fulfilment and empower manufacturing.
Streamlining operations is a composite task. It is complex because of the various processes of manufacturing firms involved. In today’s market scenario, delivering the products or equipment in the shortest possible time is one of the main goals. With this, it is important to determine the lead time. Lead time is the interval of time between the decision to place an order to delivery. Various risks can cause delays in product lead time. One of the major risks involves the mismanagement of BOM involved.
Traditional BOM Challenges
Automating BOM is a feature of an advanced warehouse management system software can offer. It is vital to a company’s data organization. This article will discuss the risks of relying on traditional BOM management.
No data organization Bill of Materials
The traditional way of working with BOM is through Excel and spreadsheets. Manual typing of products, quantity, stocks, and prices are norms for this. Each product’s availability, serial number, and product model needs checking, and this takes up a lot of labour for warehouse staff. A minor failure of stocks in an organization can lead to major delays.
Fatal in sending accurate data
Manual visual checks for the SSN, price and stocks are prone to human error. This can lead to giving wrong data to customers, a total red alert for the manufacturing side. These manual and tedious can affect warehouse efficiency.
Automated Bill of Materials Management as a Solution
You can improve an organization’s warehouse by enhancing its management system. This can result in decreasing grunt work and risks of human errors. For instance, if your WMS integrates a scanner, every time operators scan the barcodes of your products, this will automatically send the product information to your database storage.
Furthermore, a barcode printer can also be integrated into the system for printing labels. The assurance that these things works for hand in hand is high. Checking pricing and stock availability can be done by a quick search. Manual processes will be eliminated. As a result, important workflows will be optimized.
In addition, BOM in the warehouse management system can save time. Extraction and data reporting for the following items will no longer be tedious work:
- Complete and organized material/product list
- Cost Estimations
- Purchase Orders
- Stock, Shelf, or Purchased Inventory of the warehouse
- Serial Numbers
- Product Expiration
Warehouse management does not only limit its capabilities to BOM. Moreover, it has multiple features and functionalities. Automated Bill of Materials (BOM) is one of the features that the warehouse management system software offers. BOM is a central element in manufacturing. It is involved in the concept, maintenance, and support of a business.
Thinking of enhancing BOM management in your warehouse? Contact Qbasis to know more about optimizing your management workflows.