Growing Product Complexity in SMBs: A Guide to BOM Management

Aberdeen report

Published in August of 2012, research conducted of more than 200 companies reveals how they improved performance and reduced time-to-market by as much as 17%.

Aberdeen discusses the role of BOM (Bill of Materials) as the critical foundation for collaboration between departments in manufacturing, and how it impacts product development targets, specifically for small and medium size businesses (SMBs).

For SMB organizations, reading Growing Product Complexity in SMBs is critical for learning about:

Why SMBs are more challenged by growing product complexity than all companies combined

  • And how their challenges get compounded so SMBs meet only 64% of product launch dates vs. 86% by Best-in-Class companies

Best Practices in BOM Management

  • Aberdeen’s isolates best-in-class behaviors that SMBs can use to improve their product development targets
  • PLM for BOM management – the key differentiator between Best-in-Class company performance and that of SMBs

The Role and Value of Product Lifecycle Management (PLM)

  • The capabilities that Best-in-Class companies look for in their PLM solution