Your Digital Transformation Starts with BOM Management
Quicker to market, faster iterations, lower costs—these are goals of most product
development organizations. Product lifecycle management (PLM) is a key enabler of
meeting these goals, but most manufacturers already have PLM. So, what’s the problem?
While PLM is pervasive, many manufacturers find themselves with multiple disconnected
legacy systems that simply can’t keep up with their business processes. Many organizations
don’t have an accurate, up to date, part-centric bill of materials (BOM)—an authoritative
source of truth upon which to depend.
Here’s how it looks when systems are disconnected. Engineering teams, working from
drawings, are faced with non-value-add work, such as quadruple data entry because they
have to reenter information from drawings or continuously pull data from drawings and CAD
for manufacturing, supply chain, service, and customers. Finding the right information when
there is a change becomes almost impossible as data can be scattered across many
locations. Purchasing managers order wrong parts because they have no way to determine
preferred suppliers and components to negotiate volume discounts. Supply chain managers
make wrong inventory decisions, which lead to low part reuse and high inventory levels.
Factory planners don’t adjust their machines in time to satisfy product release dates. They
get started on process updates—such as setting up the assembly line and developing work
instructions—and are soon behind schedule, missing customer delivery dates. Technical
publication writers produce user manuals with incorrect instructions, resulting in an
overabundance of service calls.