Bill of materials , Other Management

Assignment Help:

Bill of Materials 

Bill of Materials (BOM) is an important document for any project, production before launching or material requirement planning process. 

The American Production and Inventory Control Society (APICS) defines a BOM as "a listing of all sub assemblies, intermediates, parts and raw materials that go into making the parent assembly showing the quantities of each, required to make an assembly". 

BOM serves the following purposes: 

?  It specifies the components required for a project. 

?  It provides a platform for recording the engineering changes in parts consequent to change in design. 

?  It is a ready beckoner for purchase parts and manufactured parts for the end product. 

?  It provides a list of parts required to make a subassembly, assembly and final product. 

?  It can participate as costing a tool. 

Identification of parts is an important requirement in preparation of BOM. Each part that goes into a product is identified by unique part number, which is not assigned to any other part. A part with the same material, shape, but with different finish, like painting  instead of plating, is assigned a different number. In conclusion, BOM can be described as a summarised parts list for making one set of complete assembly. 

BOM is further exploded to arrive at the total quantitative requirement of a part/component for batch quantity. If the part under reference has multiple uses in different products, that is, in manufacture of variants of the same product, then the requirement is assessed across the variants to arrive at a quantity. The quantity thus arrived is termed as  gross requirement. In a project running continuously over a period, the situation is highly dynamic as a few numbers of this part may be available in stock within the plant and few pieces ordered earlier may be in pipeline (that is in transit). Hence, all these quantities are taken into consideration before arriving at net requirement for either manufacture or supply.  


Related Discussions:- Bill of materials

Explain the philosophy behind quality management system, Question 1: (a...

Question 1: (a) Explain the basic philosophy behind quality management systems such as those specified in ISO 9000:2000 series. (b) Discuss how an effective quality manageme

Explain scope and goals of iso/ts 16949, Question 1 Explain the various pr...

Question 1 Explain the various principles of Quality Management Systems Question 2 Explain scope and goals of ISO/TS 16949 Question 3 Explain the procedures and benefits

The implications of the efficient markets hypothesis, QUESTION (a) Expl...

QUESTION (a) Explain and discuss the implications of the Efficient Markets Hypothesis for the financial management of quoted companies (b) "One of the characteristics of an

Discuss the major strategies for the planned change efforts, Question: ...

Question: (a) Managers and other change agents use various means for mobilising power, exerting influence over other people, and getting them to support planned change effort

Describe carefully the forms of organizational culture, QUESTION 1 (a) ...

QUESTION 1 (a) What is an organization? (b) What is management? (c) Describe carefully the functions of managers in organizations QUESTION 2 Organisations are com

Introduction to quality, Definition of Quality Quality  can  be  simply...

Definition of Quality Quality  can  be  simply  defined  as  the  measure  of  excellence.  When  a product is manufactured, the customer always looks for its quality, features

Economy-industry-company (e-i-c) framework analysis, QUESTION (a) Expla...

QUESTION (a) Explain the differences between warrants and convertible debentures (b) The fundamentalist insists that no one should purchase or sell a share on the basis of t

Explain business travel market and the leisure travel market, Question 1: ...

Question 1: National and International economic trends tend to have an influence on the demand for the hospitality industry. Discuss six (6) main measures that the hotel sector

Definition of resource sharing, Definition   Allen Kent provides a desc...

Definition   Allen Kent provides a description of some of the concepts associated with the resource sharing activity in the following terms:   Resource sharing in libraries is

Ppp needs to satisfy suitable parameters to be acceptable, QUESTION 2 a...

QUESTION 2 a) Due to severe budgetary constraints that is facing the central government, public sector projects are being resorted to on a public-private basis. Explain what is

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd