Global BOM Software Market 2016-2020
Description- About the Bill of Materials (BOM) Software Market The BOM is a list of raw materials, parts, and components and the quantity of them required to manufacture a product. There are three types of BOM: Manufacturing BOM: It is a list of parts required to manufacture a complete product. Engineering BOM: It is a list of parts required as per the engineering drawing notes, which are made prior to manufacturing a product. It also includes substitute parts and alternative parts that are required during the design stage. Service BOM: It is a list of parts required during the maintenance and service stage. BOM software helps to visualize and share BOM information across various units of an organization on a real-time basis. BOM software is widely used to track the changes made to a product during different stages of its life cycle. It is used to maintain consistency and have a record of the raw materials consumed during the life cycle of a particular model.