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Bill of Materials (BOM): Definition
The BOM (Bill of Materials), is a structured list of items required for the production of a specific product in our catalog
By definition, the bill of materials encompasses all the information describing the components and the production process of a finished product. The list can include physical parts, which are other products listed in the inventory, as well as the operational phases (such as machining, cleaning, painting, etc.) necessary for production.
While each component has its details described in the item master, the phases must be appropriately configured when defining the bill of materials itself.
A phase includes the time and costs associated with machinery and operators. This set of information forms the core of iProd, and proper management allows for production optimization and effective market strategy implementation, resulting in a clear economic return on the company's financial statements.