November 03, 2017
Blog >
Each manufacturer has its own unique production process, and production is reliant on your Bill of Materials (BOM). An accurate and well-managed BOM can increase sales revenue through faster product releases and lower product costs.
However, a poorly managed BOM can lead to a higher Cost of Goods Sold or loss of revenue due to:
As such, manufacturers looking to run lean must be able to change quickly in order to remain competitive.
Watch this video clip to see a sneak peek of our BOMs Best Practices: Tips for Manufacturers webinar.
So how does BOM and ERP work together? An ERP solution can help you to configure your BOMs so that you can track any process, even a one-time customized order. An ERP sysyem will enable you to create BOM plans to strategize and forecast your material needs. All in all, BOM management in an ERP solution like SAP Business One can enhance inventory flow, improve material planning, and provide a strategic advantage to your company.
Watch the full webinar as we address common bill of materials questions and concerns such as:
Whether you are setting up bill of materials for the first time or you’d like to further improve your production process, this webinar will explain how you can use SAP Business One to manage all your BOMs so you can focus more on the time to market for your end products.
SEARCH
SHARE
POPULAR POSTS
LIKE WHAT YOU SEE?
[Updated] Business software is failing if it’s holding you back and wasting time. A powerful SAP...
The company enjoys an intelligent cloud ERP solution with improved reporting, greater visibility,...
SXP provides secure, role-based access to ERP data through an intuitive interface accessible from...
What do you like best about Vision33?
They are a great partner and they are always ready and willing to help us navigate business opportunities and challenges.
