Equipment Bill of Material Criticality
“Bill of Materials” is the foundation of a successful materials management strategy. Due to the migration of multiple ERP systems, mergers and acquisition, underutilization of systems, most companies fail to have a good bill of materials. Companies in an average have ~20-30% of materials tied to a bill of materials, where the best in class companies operate as high as 95% materials tied to an equipment bill of materials.
Through simple process change, we can achieve maximum utilization of bill of materials. We will work with our clients to make measurable improvements to BOM utilization through routine KPI’s and joint accountability.