A bill of materials (BOM) serves as a complete list of all the materials and parts—virtually every item—that a manufacturer needs to create a certain product. To be effective, the BOM needs to include not only the raw materials but also any subassemblies, subcomponents, and parts—and the precise quantities of each. The exact format for…

Inventory accuracy is the goal of every company.  By having optimized and one hundred percent inventory accuracy, scheduling and available to promise processes will work without errors. However, there are always issues with inventory accuracy and companies have to work with the situation that they have to run their business. What is Accuracy? Different departments…

Master scheduling is the detailed planning process that tracks manufacturing output and matches this against customer orders that have been placed. The master schedule is the next step in planning after the  sales and operations planning (S&OP). The figures from a sales and operations planning exercise, i.e. at a higher level, will flow through to…