Finding software can be overwhelming. Software Advice has helped thousands of manufacturers find the right bill of materials software so they can improve production accuracy and compliance.
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Fishbowl Manufacturing is a business automation and inventory management platform for small to midsize manufacturing companies. The app offers QuickBooks integration for accounting management, as well as tools for inventory control,... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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NetSuite Manufacturing Edition offers an integrated inventory, warehouse management, accounting and financial management, order management, customer relationship management (CRM), and e-commerce platform. Offered as a cloud-based solution... Read more
Platforms: MacWinLinux
Deployments: Cloud
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E2 by Shoptech Corporation is a manufacturing solution that offers scheduling, purchasing, shipping, customer management and accounting. It’s designed specifically for job shops, contract and a variety of make-to-order manufacturers. E2... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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Global Shop Solutions offers ERP software to serve clients across manufacturing industries of all sizes. The multi-modular application is comprised of independent modules for customer relationship management, inventory management,... Read more
Platforms: MacWinLinux
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JobBOSS Shop Management Solutions, an ECi Software Solutions company, is an enterprise resource planning (ERP) solution built for small and midsize manufacturers in North America. It allows key office and production staff to manage... Read more
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Henning Software has helped small to midsize manufacturers and job shops for 30 years. Visual EstiTrack ERP has complete material requirements planning, product lifecycle, supply chain, customer relationship, human resource and manufacturing... Read more
Platforms: Win
Deployments: On premise
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Genius Solutions delivers a complete enterprise resource planning (ERP) solution, including software, implementation services, and field expertise for small to mid-sized custom manufacturers across the US and Canada. Genius ERP is... Read more
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Deployments: CloudOn premise
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IQMS’ flagship product, EnterpriseIQ ERP, is developed specifically for SMB and large discrete, and batch process manufacturers in the aerospace, medical device, automotive, food and beverage, consumer products, plastics, packaging... Read more
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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 sourcing,... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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Katana is a leading modern manufacturing and inventory software for scaling businesses. Users can automate workflows with Katana's visual interface and smart auto-booking engine, which allows businesses to prioritize orders and see... Read more
Platforms: MacWinLinux
Deployments: Cloud
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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
Platforms: Win
Deployments: CloudOn premise
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Shoptech’s E2 MFG System is a fully integrated Enterprise Resource Planning (ERP) solution designed for discrete manufacturers of all sizes utilizing make-to-order, make-to-stock, engineer-to-order, assemble-to-order and mixed-mode... Read more
Platforms: Win
Deployments: On premise
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Prodsmart is a cloud-based real-time production tracking and management solution designed for businesses in the manufacturing and fabrication industries. Features include shop floor real-time data collection, production analysis,... Read more
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Deployments: Cloud
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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
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Deployments: CloudOn premise
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aACE offers on-premise and cloud-based business management software for small and midsize businesses. Modules include accounting, customer relationship management (CRM), enterprise resource planning (ERP), inventory management, order... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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Vicinity Software is a cloud-based or on-premise solution designed for process manufacturers with a specific focus on food & beverage (VicinityFood), chemical (VicinityChem) and breweries (VicinityBrew). Features include MRP, centralized... Read more
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Deployments: CloudOn premise
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Aptean Made2Manage ERP is designed for manufacturers in job shops and dynamic “to-order” and mixed-mode environments. It's suitable for SMB manufacturers in industries like industrial equipment, electronics and fabricated metal,... Read more
Platforms: Win
Deployments: CloudOn premise
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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 balance... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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Realtrac is an on-premise job management solution designed for job shop manufacturers and modular machine shops. It helps small and midsize manufacturers to schedule workflows, manage shop operations, track inventories, manage purchases... Read more
Platforms: MacWinLinux
Deployments: CloudOn premise
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Aquilon Software offers a combined supply chain, manufacturing, distribution, and financial management system that is deployable either on the cloud or on-premise. All modules integrate with each other, allowing users to gain full... Read more
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Deployments: CloudOn premise
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Popular Comparisons
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.
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.
- 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.
- 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
- Fishbowl Manufacturing vs NetSuite
- E2 Shop System vs NetSuite
- Odoo vs Global Shop Solutions
- Odoo vs E2 Shop System
- Priority vs Prodsmart
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.
- 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.
- 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.
- 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.