What is BoM and how to create one?

Watch this video as our ERP subject matter expert, Mark Hughes explains all about bill of materials (BoMs) and answers questions such as “What's a BoM?”, “What’s on a BoM”, “Who owns the BoM”, and more. In addition, this video covers topics including: • What's on a BoM (Scrap Factor, Routing Operation, Phantom Flag, By-product) • Evolution of a BoM (MRP, JIT, Lean, Kanban, TQM, PDM, PLM and more) • Who Uses a BoM Within the Business (Product development, production, finance, purchasing, sales, logistics, after sales/ service and more) • Who Owns the BoM? • Why Does Accuracy on a BoM Matter? • Creation / Management of BoMs (using CAD and PDM) This video also explores the differences between engineering BoM and manufacturing BoM and the different production types: • Make to Stock (MTS) • Make to Order (MTO) • Engineer to Order • Configure to Order (CTO) • And more If you would like to view the rest of the video and many others, please join our Customer Resource Site at https://www.vision33.com/log-in-to-me.... Check out our channel for more manufacturing, accounting and small business resources and best practices:    / vision33inc   Get connected with Vision33: Facebook:   / vision33   Twitter:   / vision33_sap   LinkedIn:   / vision33   SAP Business One for manufacturing is an enterprise resource planning (ERP) solution for small and mid-sized discrete and process manufacturing companies. This all-in-one manufacturing solution provides the accurate, real-time information that growing manufacturing companies need to effectively run their day-to-day operations. For more information on how SAP Business One ERP can help streamline your business operations and accelerate profitable growth, visit: https://www.vision33.com/sap-industry... If you’re in the UK, visit: https://www.vision33.co.uk/sap-indust... Vision33 is the leading global provider of SAP Business One. Visit us at https://www.vision33.com to learn how we can help fast-growth companies achieve your business vision.