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

Discuss the importance of having ilo standards on safety, QUESTION 1 De...

QUESTION 1 Describe the various methods that can be used at a place of work to ensure that the storage and handling of materials are carried out in an effective and efficient m

Acquisition through exchange , Acquisition Through Exchange: Acquisiti...

Acquisition Through Exchange: Acquisition through exchange is another mechanism by which Collection Development can take place. Of course, it goes without saying that the libr

Public procurement management, A Public Body has conducted a bidding exe...

A Public Body has conducted a bidding exercise through the Restricted Bidding Method for the procurement of five PCs, five laser printers, two UPS and one scanner. Bidders were

Define learning organization, Question 1 What is change management? Explai...

Question 1 What is change management? Explain the importance of change management Question 2 Define Organisational Life Cycle. List and explain the stages in organizational L

Physiological measurement, Physiological measurement: Physiological M...

Physiological measurement: Physiological Measurement can be  classified as In Vivo  and In Vitro. In -Vivo includes measurements of those which are performed  directly withi

Aacr 2- l c descriptive rules, AACR 2: Anglo-American cataloging rules...

AACR 2: Anglo-American cataloging rules/ Prepared by the American Library Association, the British Library, the Canadian Committee on Cataloguing, the Library Association, the

Online database services, Online Database Services: We shall be referr...

Online Database Services: We shall be referring to online databases. Most of the well-known indexing and abstracting services are now available both in the print form and in t

Important qualities of a professional screenwriter, Question 1 Explain ...

Question 1 Explain the ten most important qualities of a professional screenwriter and describe why you consider these skills to be important. Question 2 (a) Name and

Selection and packaging - value-added information services, Selection and P...

Selection and Packaging: Added value is often claimed for information services on the grounds that they bring together, in a convenient form, items of information which would

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