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Bill of Materials (BOM) Software


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Fishbowl is a business automation and inventory management platform for small to midsize companies. It integrates with QuickBooks accounting and offers inventory control, material requirements planning (MRP) and job shop floor control/manufacturing... Read More
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Fishbowl is a business automation and inventory management platform for small to midsize companies. It integrates with QuickBooks accounting and offers inventory control, material requirements planning (MRP) and job shop floor control/manufacturing... Read More
 
 
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
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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
 
 
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
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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
 
 
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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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
 
 
Priority is an on-premise and cloud-based enterprise resource planning (ERP) solution suitable for midsize to large businesses in many industry segments including manufacturing, apparel, electronics, food and beverage, industrial machinery... Read More
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Priority is an on-premise and cloud-based enterprise resource planning (ERP) solution suitable for midsize to large businesses in many industry segments including manufacturing, apparel, electronics, food and beverage, industrial machinery... 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
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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
 
 
OptiProERP is a cloud and on-premise Enterprise Resource Planning (ERP) solution for small and midsize discrete manufacturers and distributors. Key features include supply chain management (SCM), purchasing, work orders, scheduling... Read More
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OptiProERP is a cloud and on-premise Enterprise Resource Planning (ERP) solution for small and midsize discrete manufacturers and distributors. Key features include supply chain management (SCM), purchasing, work orders, scheduling... Read More
 
 
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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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
 
 
Global Shop Solutions offers a One-System ERP software to serve clients across manufacturing industries of all sizes. The multi-modular application comprises of independent modules for customer relationship management, inventory management,... Read More
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Global Shop Solutions offers a One-System ERP software to serve clients across manufacturing industries of all sizes. The multi-modular application comprises of independent modules for customer relationship management, inventory management,... Read More
 
 
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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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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Deskera ERP is a cloud-based enterprise business management suite that automates sales, billing, fulfillment, distribution (including pick, pack and ship process), sales commission calculations, purchasing, payment processing, product... Read More
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Deskera ERP is a cloud-based enterprise business management suite that automates sales, billing, fulfillment, distribution (including pick, pack and ship process), sales commission calculations, purchasing, payment processing, product... Read More
 
 
Royal 4 Enterprise is an integrated enterprise resource planning (ERP) solution with built-in modules for distribution, manufacturing, planning, inventory management, reporting and company financials. It serves midsize to large enterprises... Read More
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Royal 4 Enterprise is an integrated enterprise resource planning (ERP) solution with built-in modules for distribution, manufacturing, planning, inventory management, reporting and company financials. It serves midsize to large enterprises... Read More
 
 
Visual EstiTrack ERP is an on-premise solution for small to midsize shops that offers manufacturing execution management, light material requirements planning, product lifecycle management, supply chain management, customer management,... Read More
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Visual EstiTrack ERP is an on-premise solution for small to midsize shops that offers manufacturing execution management, light material requirements planning, product lifecycle management, supply chain management, customer management,... Read More
 
 
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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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
 
 
EVO~ERP is an enterprise resource management (ERP) solution that helps small and mid-size businesses to manage inventory, accounting, warehouses and manufacturing. The solution supports multiple languages, currencies, exchange rates... Read More
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EVO~ERP is an enterprise resource management (ERP) solution that helps small and mid-size businesses to manage inventory, accounting, warehouses and manufacturing. The solution supports multiple languages, currencies, exchange rates... Read More

Call us for a free FastStart Consultation: (844) 680-2046


 
 
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
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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
 
 
Sage Business Cloud Enterprise Management, formerly known as Sage X3, is an ERP software suite that includes integrated functionality for financial management, sales, customer service, distribution, inventory, and manufacturing, and... Read More
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Sage Business Cloud Enterprise Management, formerly known as Sage X3, is an ERP software suite that includes integrated functionality for financial management, sales, customer service, distribution, inventory, and manufacturing, and... Read More
 
 
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
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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
 
 
MIE Trak Pro is an enterprise resource planning (ERP) offering that is best suited for manufacturing businesses. It includes modules designed to accommodate most production cycles and optimize the capabilities of repetitive, custom,... Read More
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MIE Trak Pro is an enterprise resource planning (ERP) offering that is best suited for manufacturing businesses. It includes modules designed to accommodate most production cycles and optimize the capabilities of repetitive, custom,... Read More
 
 
LillyWorks from LW Performance is a cloud-based manufacturing enterprise resource planning (ERP) solution that provides companies functionalities to make to real-time changes, predict outcomes and ensure on-time deliveries. The key... Read More
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LillyWorks from LW Performance is a cloud-based manufacturing enterprise resource planning (ERP) solution that provides companies functionalities to make to real-time changes, predict outcomes and ensure on-time deliveries. The key... Read More
 

Buyer's Guide

by Lisa Hedges,
Content Analyst
Last Updated: November 7, 2018


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
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.

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.
 

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