BOM
About BOM
BOM
expands to the bill of materials which is a detailed list of materials
(consisting of raw materials, sub-assemblies, and parts) required to
manufacture an end product.
BOM is a helpful tool that is a
commonly shared list amongst various departments of an organization for
inventory status and requirements. Various departments usually include
purchase or procurement, stress or inventory, and accounts. BOM is
helpful in integrating the different requirements and product data
across departments in an organization.
Why is BOM important?
• Material to order on an urgent basis
• Schedule of materials to be procured
• Design changes done in the product line
• Present and future inventory levels to maintain
BOM provides various benefits as
• Timely availability of materials
• Procurement optimization with required quantity and quality
• Better material procurement and inventory levels
• Increased efficiency in procurement and production processes
• Consistent product data shared within the company and with external stakeholders
• Better planning for resource requirement
• Consistent product standards
Who should take the BOM Exam?
• Material management, stores, or inventory professionals
• Business owners
• Anyone who wants to assess their BOM-related skills
• Students
• Entrepreneurs
• Material management, stores or inventory managers, and senior executives
BOM Certification Course Outline
1. Overview of Materials Management
2. Purchasing Procedures
3. Stores Management
4. Inventory Control
5. Bill of Materials