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.

Ten ways you can gain immediate benefits from moving toward a comprehensive, part-centric BOM.

1. Provide early visibility to stakeholders.
2. Support a range of BOM structures.
3. Comprehensively manage configurations.
4. Enable pervasive visualization.
5. Improve component and supplier management.
6. Ensure complete change management and traceability.
7. Optimize downstream utilization.
8. Enable effective collaboration and IP protection.
9. Create BOM-based reports.
10. Make BOM transformation a reality.

Download this white paper to help transform your BOM for organizational improvement.