Keeping a competitive edge with precise multi-level BOM planning
If you’re a manufacturer, you’ll know first-hand how inventory forecasting can consume your time and nag away at you. You’ll know all about variable lead times and how much of a headache they can become if not managed correctly; you’ve likely encountered the frustration of when your product’s ready to go, but it’s missing a vital component, or you can recall several times when your service reps got an ear-bashing because your product hasn’t been shipped on time. What you need is intuitive software that takes care of all of this for you, so you can get back to manufacturing, staying ahead of the competition and delighting your customers with your impeccable service. Multi-level BOM To stay competitive and in control, you need visibility of your entire manufacturing process. A multi-level bill of materials (BOM), also known as a nested or indented BOM, reveals all the raw ingredients, components, assemblies and sub-assemblies that goes into making one finished product. If a single level BOM is like one branch on a tree – one parent product and the parts that go into making it below – then a multi-level BOM considers the whole tree –the oversight of all the intertwined and interdependent processes and parts that contribute to the whole. Variable lead times from your supplier for each individual ingredient? Not sure how much of each raw material to order and when? Having difficulty communicating timeframes and details accurately with your manufacturing partners? StockTrim’s multi-level BOM feature allows you to manage these challenges with ease. Here’s how: If you’re already using StockTrim, or you’re keen to know more, here’s how you can regain control of your manufacturing: Import: Take advantage of all that precious historical data from your existing inventory management system, like Unleashed or Cin7. Predict: Working from the finished product backwards, StockTrim […]