Bill of Materials (BOM) Software

Bill of materials (BOM) software automates the process of listing the individual components that make up a product in the manufacturing setting. Users can create item profiles for every part that goes into a specific product, then use these to create multiple lists for a single product to show subassemblies.

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Showing 1 - 20 of 192 products
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Showing 1 - 20 of 192 products

Fishbowl

Fishbowl is a hybrid manufacturing and warehouse management solution designed for small and midsize companies. Key features include inventory control, material requirements planning (MRP), job shop floor control, work order manage...Read more

4.17 (731 reviews)

99 recommendations

NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more

4.10 (818 reviews)

80 recommendations

Striven

Striven is a cloud-based enterprise resource planning (ERP) solution suitable for many industries and organizations of all sizes. It offers features for accounting, inventory management, human resources, customer relationship mana...Read more

4.80 (49 reviews)

52 recommendations

24SevenOffice

24SevenOffice is a cloud-based Accounting and ERP system for small and mid-sized businesses. 24SevenOffice eliminates repetitive processes and greatly reduces the need to manually enter information. The system will also streamline...Read more

4.41 (29 reviews)

35 recommendations

PriceDemo

Prodsmart

Prodsmart is the SMB manufacturer’s gateway to digitization. It’s a complete, modular solution that gets any production environment ready for the future of manufacturing. Prodsmart empowers SMBs with data. By gathering insight o...Read more

4.71 (73 reviews)

33 recommendations

JobBOSS²

ECI Shoptech brings together industry-leading solutions E2 SHOP and JobBOSS to create the next evolution in job shop business management: JobBOSS². Designed specifically for job shops and make-to-order manufacturers, JobBOSS² is a...Read more

4.24 (856 reviews)

28 recommendations

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Katana Manufacturing ERP

Katana Manufacturing ERP is a manufacturing ERP that gives you a live look at all the moving parts of your business — sales, inventory, and beyond. Combining a visual interface and smart real-time master planner, Katana makes mana...Read more

4.77 (137 reviews)

25 recommendations

PriceDemo

Global Shop Solutions

One-System ERP Solution is a full-featured ERP that is a great fit for businesses of all sizes. The software features the proprietary Global Application Builder (GAB) that allows for extensive customization and scalability....Read more

4.17 (67 reviews)

25 recommendations

PriceDemo

DELMIAworks

EnterpriseIQ by IQMS is a comprehensive ERP solution designed to meet the needs of discrete and repetitive manufacturers. Because it's fully scalable, it can grow with any company. ...Read more

4.06 (286 reviews)

22 recommendations

M1 ERP

ECI M1 is a subscription-based enterprise resource planning (ERP) system, available on-premise or via the cloud, that automates financials, inventory, production, sales/quoting and production planning. The solution is suitable for...Read more

3.69 (67 reviews)

18 recommendations

Software pricing tips

Read our Bill of Materials (BOM) Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Infor VISUAL

Infor VISUAL is an Enterprise Resource Planning (ERP) System with end-to-end functionality built for manufacturing organizations looking for a complete solution that supports the entire operational lifecycle, from planning to sour...Read more

4.41 (32 reviews)

17 recommendations

REALTRAC

A great fit for job shop manufacturers, Realtrac is a fully integrated Enterprise Resource Planning (ERP) solution that offers complete real-time control of the shop floor. This powerful system is quick to deploy and easy to use....Read more

4.07 (68 reviews)

14 recommendations

MIE Trak Pro

One word sums up MIE Trak Pro: flexibility. You may be using tired old spreadsheets or an ERP system that can't scale with your manufacturing company. When your organization grows, MIE Trak Pro adapts to your needs, striking a bal...Read more

4.65 (117 reviews)

11 recommendations

PriceDemo

Mar-Kov Chemical Management System

Mar-Kov CMS (Chemical Management System) is a cloud-based process manufacturing solution for process, batch, and formulation based manufacturers. The solution can also be installed on-premise to automate daily routine processes of...Read more

5.00 (1 reviews)

10 recommendations

PriceDemo

ERPAG

ERPAG is a cloud-based enterprise resource planning (ERP) solution. It is suitable for small and midsize businesses in various industries, including automobile, retail, education, information technology and more. Primary features ...Read more

4.56 (266 reviews)

8 recommendations

PriceDemo

Fulcrum

Fulcrum is a cloud-based platform serving small/mid-sized manufacturers and job shops looking for a software platform that truly understands them and their unique, complicated processes. Humans weren’t meant to transcribe data fro...Read more

4.67 (3 reviews)

8 recommendations

Fiddle

Fiddle is a cloud-based solution that enables businesses to streamline the entire inventory lifecycle, from tracking stock levels across locations to creating shipping orders. It allows users to plan or allocate tasks among team m...Read more

5.00 (1 reviews)

8 recommendations

PriceDemo

OptiProERP with Sap Business One

OptiProERP with SAP Business One is a complete ERP solution for small and midsize manufacturers and distributors. SAP Business One is an ERP platform designed for small and midsize companies with over 70,000 customers. OptiProERP ...Read more

No reviews yet

8 recommendations

Sage X3

Sage X3 is a powerful ERP software solution designed for midsized national and global manufacturers, distributors, and after-sales providers and can establish a foundation for your digital transformation. Sage X3 comes with indust...Read more

4.29 (50 reviews)

6 recommendations

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LillyWorks

LillyWorks cloud-based Manufacturing ERP is designed specifically for small manufacturers. It increases visibility to the shop floor & helps manufacturers deliver on time by considering unplanned variability on the shop floor. Bui...Read more

4.33 (6 reviews)

6 recommendations

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Buyers Guide

Last Updated: May 24, 2022

Accuracy of production and consistency characterize strong manufacturing operations. Like a good recipe, each item on a bill of materials needs to be exactly right to produce high-quality end products while maintaining equipment effectiveness and production rates.

Bill of materials (BOM) management is a critical functionality for modern manufacturing operations, and is often included as part of a manufacturing resource planning (MRP) system or enterprise resource planning (ERP) system.

With hundreds of options for manufacturing systems, it can be challenging to identify the capabilities you need and find the vendors that best meet your requirements. This Buyer's Guide is designed to give you the information you need to make the best decision for your business quickly.

Here's what we'll cover:

What Is Bill of Materials Software?
Common Features of Bill of Materials Software
Benefits of Bill of Materials Software
Popular Bill of Materials (BOM) Softwaer
Market Trends to Know About

What Is Bill of Materials Software?

Bill of materials (BOM) software automates the process of listing the individual components that make up a product in the manufacturing setting. Users can create item profiles for every part that goes into a specific product, then use these to create multiple lists for a single product to show subassemblies.

For years, this process was performed manually on paper. Spreadsheets helped businesses track more information about each part than was possible on paper, but the manual entry of data is tedious and error-prone.

Many still rely on Excel, but manufacturing systems and ERPs with BOM functionality help companies manage and automate this important task. This becomes crucial when working with multiple teams, sites and service providers on the same project.

Fishbowl Manufacturing Bill of Materials

The BOM view in Fishbowl Manufacturing, with fields to create a new item profile

BOM software is also necessary for growth. Optimizing accuracy and quality from the beginning of the process allows manufacturers to increase production volume and scale the business.

 

Common Features of Bill of Materials Software

The features included in a BOM system support data entry, workflow management and data analysis functions. These may include:

Multilevel BOM Create profiles for items in the system that can then be combined to create a completed project. BOM software ensures that all subassemblies and component parts are listed in the system for accuracy.
Routing management Determine the best machines and equipment to use for a specific project. Takes into account the characteristics of each production asset to automatically distribute the work in the most efficient way possible.
Cost maintenance Calculate costs for each item in a bill of materials. This tool can multiply the cost by quantities needed and factor in any other costs, such as tooling or overhead operational costs.
Change history Track fluctuations in the availability and cost of materials and parts. By tracking all of these changes, software helps companies remain in compliance and maintain a paper trail for potential audits.
Document management Keep important documents accessible to every organization involved in the supply chain.
Reporting Generate reports to see how each item is utilized, which can be useful for identifying problems and streamlining production processes. Reports can also be exported to external systems, such as an ERP.

Benefits of Bill of Materials Software

Spreadsheets have been a popular tracking method for many years, but thousands of companies reached out to Software Advice in the past year alone to upgrade to dedicated manufacturing systems.

Any organization with plans to scale the business and take on a larger volume of orders needs true automation to manage the increased complexity of a modern manufacturing operation.

Here are the main benefits BOM offers over spreadsheets:

  • Easy-to-find items. BOM software assigns a code to each item and lets users create custom names, making it simple and quick to find specific items or subassemblies in the system.
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  • Share real-time data. When implemented, BOM software and other manufacturing systems are accessible by other stakeholders, including management, external service providers and other logistics teams in real time. This means any changes that occur at one site will be reflected immediately in the system for everyone else, preventing any production mistakes as a result of miscommunication.
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  • Maintain production history. Audits and compliance problems can cause big headaches for manufacturers. With a BOM system, every change to items or the production process is recorded and saved, so documents proving compliance are always on-hand.

Popular Bill of Materials (BOM) Software Comparisons

Market Trends to Know About

  • Mobile devices are changing manufacturing. Mobile devices are increasingly being implemented as work tools in various industries, including manufacturing. With these devices, workers can carry all the important production information wherever they are in your shop, and maintenance teams in your plant can receive repair requests immediately.
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  • ERP integration becomes more widespread. ERP systems offer a holistic view of operations, so many companies, including manufacturers, are adopting these platforms to manage the front and back end of the business. An MRP offers similar functionality with a focus on manufacturing, while most other manufacturing systems, such as a manufacturing execution system (MES), can integrate with an organization's existing ERP.
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  • 3D printing is extending asset lifespan. 3D printing is another trend seeping into the manufacturing world. Also known as "additive manufacturing," companies are using 3D printing technology to craft spare parts to maintain important machinery, saving money and time. It's also being used as a supplement to the typical production process.
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  • Contract manufacturing and outsourcing on the rise. More and more manufacturers are opting to outsource portions of their production process to save money and improve quality by working with external providers that can perform certain processes better. Modern manufacturing software is able to integrate each of these partners into one system.