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.

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.

A bill of materials (BOM) is a document that lists all the components, materials, and quantities needed to manufacture a product. BOM reporting is the process of generating and analyzing BOM data ...

With BOM integration software, you can ensure that everyone involved in the product lifecycle has access to the same and latest information, reducing the risk of mistakes and misunderstandings.