Describing and documenting the procedures involved in a product’s test and assembly process are often referred to as manufacturing process management (MPM)/bill of material (BOM) routing.
The Bill of Materials (BOM) is just a subset of the Cost of Goods Sold (COGS), and if you aren’t selling your product for more than your COGS, you will lose money and go out of business.
JSW Steel Ltd (BOM:500228) achieves record steel production and sales, while navigating lower steel prices and regulatory uncertainties.