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

Education and research , Education and Research   i)  Students need inf...

Education and Research   i)  Students need information relating to their academic pursuits.  ii)  Teachers need information for imparting education students to their student

Connecting professional development and corporate strategy, C onnecting pr...

C onnecting professional development and corporate strategy The CoP builds value by connecting the personal development and also the professional identities of the practitione

Shopping, Shopping in terms of Contract Management  Shopping is a term ...

Shopping in terms of Contract Management  Shopping is a term often used in our daily life. In terms of contract management, this term is adapted for procurement of certain spec

Direct ordering with publishers and standing vendor method, Direct Ordering...

Direct Ordering with Publishers: Due to the inefficiency of local booksellers,  many a library has resorted to the practice of directly ordering with publishers or their local

Steps for direct contracting , Steps for direct contracting  Now that w...

Steps for direct contracting  Now that we are aware of the requirements for direct contracting, let us understand the steps involved in direct contracting:  1.  Invite short

Types of production, Types  of Production  to be Handled: The type of  pro...

Types  of Production  to be Handled: The type of  production being  handled  greatly affects material  handling  decisions. Powders liquids and  gases are well  suited for  transp

Cyclostyled form - conventional forms, Cyclostyled Form: Revised vers...

Cyclostyled Form: Revised version of bound register form came into existence due to the typewriter and cyclostyling machine. The entries are typed. Multiple copies (up to four

Explain project reviews and risk reassessment briefly, Question 1 Explain ...

Question 1 Explain the various inputs , tools and techniques of qualitative risk analysis process Question 2 The risk mitigation methodology describes the approach to contro

Introduction to resource sharing network, Introduction to Resource Sharing ...

Introduction to Resource Sharing Network The term 'network' always has a wide range of meanings in everyday life and this situation is further complicated because it has two v

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