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

Define the term crystallized intelligence, QUESTION 1 a. Describe the 4...

QUESTION 1 a. Describe the 4 identity statuses put forward by James Marcia b. Adolescence is often described as a period of storm and stress [Hall. 1904]. Evaluate this clai

Strategy-implementing and strategy-making value, S t rategy-Implementing ...

S t rategy-Implementing and strategy-making value The CoP gives value through the ability to develop the new strategies as well as implement the existing ones. The CoP, on th

Discuss and analyze the set of inter-related factors, QUESTION 1 The mu...

QUESTION 1 The museums of today serve increasingly complex institutional missions and diverse audiences through their programs. Critically discuss and analyze the role of museu

Approach of readers for documents - library classification, Approach of Rea...

Approach of Readers for Documents: As stated earlier, documents can be arranged in libraries on the basis of the colour of the binding, the size, the language, the year of pub

Role of inspection in quality management, R ole of inspection Inspecti...

R ole of inspection Inspection plays an important role in quality management. The products should be inspected at the end of the process to make sure that they meet the specif

Ratio measurement - levels of measurement, Ratio Measurement: Ratio le...

Ratio Measurement: Ratio level is the highest level  of  measurement. They  are  distinguished from internal scales  by  virtue of having an absolute zero. Ratio scale provide

Incentives, I ncentives These are rewards given when vendor/contractor...

I ncentives These are rewards given when vendor/contractor exceeds your expectation. Incentives should increase contractor?s profit. Incentives can be categorised as:

Define performance management system, Question 1: List the several comp...

Question 1: List the several components of a performance management system. Define performance management system Components of performance management system

Search in secondary sources - literature search, Search in Secondary Source...

Search in Secondary Sources  When secondary periodicals are available on the subject as well as on the broader subject, the search must first begin with the secondary periodic

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