Discover BOM Management Template for Streamlined Production

The Importance of BOM Management

Creating a product is not just about assembling parts. It involves various stages, from planning, design, material procurement, production, and quality control to distribution. All these stages must be interconnected efficiently. What is the key link in this process? It's BOM (Bill of Materials) management.

BOM is a critical tool that systematically organizes the material requirements for a product, plans the production process, and prevents confusion during manufacturing and distribution.

For example, in the food industry, it is crucial to accurately manage the proportions of raw materials and packaging components. In the cosmetics industry, BOM helps to systematically organize various ingredients and specifications. Electronics manufacturers must clearly define the specifications of parts and assembly order.

Without a BOM, numerous problems like material shortages, excess inventory, cost overruns, and quality issues are likely to arise during production.

For companies dealing with products that have short life cycles and high volatility, BOM management is essential for improving productivity, reducing costs, and maintaining quality.

The more systematically BOM is managed, the less waste occurs, and the greater the production efficiency.

Waveon BOM Management Template

What Features Does the Template Offer?

Waveon template is designed to streamline and automate BOM management quickly and efficiently.

Unlike Excel-based material management that can only track quantities, the template calculates the production quantities automatically based on the material requirements according to the BOM version.

It allows unlimited additions of 3rd and 4th components, making it especially useful for products with many parts and complex manufacturing processes. It is also highly suitable for industries with rapidly changing product configurations, such as retail.

Who Can Benefit from This Template?

Manufacturing plants, producers, and e-commerce businesses handling various products can make good use of this template.

Key Features of the BOM Management Template

🔎Core Features of Waveon Template

• Automatic Calculation of Production Quantities – Automatically calculates based on the BOM and inventory quantities.

• Multi-Level BOM Management – Easily manages complex BOMs with 3rd level components or higher.

• Easy BOM Version Management – Easily register component changes and material requirements when the version changes.

• Mass Data Processing – Supports uploading and downloading Excel (.csv) files.

• Cloud-Based – Access anytime, anywhere without installation.

• Automation Features – Includes automated alerts, automatic ordering, and other features to improve operational efficiency.

Let’s take a closer look at how you can use these features.

BOM Version Management

Version management is crucial in BOM. Even with the same product, parts may need to be changed for performance improvement, or alternative materials may be used due to raw material supply issues.

If these changes are not reflected in the BOM (Bill of Materials), every order will require checking the parts manually, which may lead to incorrect orders and unnecessary inventory.

Managing these changes can be difficult with Excel, but Waveon template makes it easy to add and manage versions in the BOM Version Control page.

Since you don't need to manually check the changes every time, you can quickly move forward with the production process.

💡 Be sure to record the version to calculate production capacity.

Managing Production Items

You can manage all your production items in the ‘Item List’ page.

First, save the finished products and subcomponents in this page. Then, based on the data in the item list, you can set the BOM.

Once the BOM is set, the production quantity is automatically calculated based on the required items and available inventory. This eliminates the need to manually track each component and stock level.

Here are the key fields:

• Item Code/Item Name: These are the basic details needed when registering products or components. With these, you can easily search for items even as the list grows.

• Type: In general systems, items are categorized into finished products, semi-finished products, and components, but Waveon template can also manage 3rd level components or higher, which makes it easy to handle multi-level BOMs.

• Production Capacity: Automatically calculated based on the set BOM and current inventory levels, making it easy to check the required quantities without additional calculations.

• Stock Quantity: Accurate inventory records are essential for calculating production quantities. Make sure to update the stock levels whenever they change.

• BOM Version: The version can be easily selected in a dropdown menu, making it easy to set.

• BOM Setting: This is where you define the components, quantities, and version needed for creating specific products. To set the BOM, ensure all components are registered in the ‘item list’ first.

BOM List

In the BOM List page, you can view all BOMs at a glance.

You can quickly check which parts are included in each product, how much of each part is needed, and how much inventory you currently have.

If there are multiple versions of a product, you can also easily see which parts are included in each version, making version management simpler.

Start Managing BOM Efficiently with Waveon Template

BOM management plays a crucial role in ensuring efficiency across the entire product lifecycle, from planning to production and distribution.

Despite this, many companies still struggle with managing BOMs using Excel, dealing with data entry errors, formula mistakes, version management complexities, and limited data processing capacity as the number of items grows.

Now, with Waveon BOM management template, you can manage your BOMs more easily and systematically. Even complex multi-level BOMs can be organized with ease, and production quantities will be automatically calculated, eliminating the need to check stock levels manually.

Take the first step towards efficient production and operation by trying Waveon BOM Management Template today!

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