Boost your productivity with a free bill of materials template
Download a free bill of materials (BOM) template and start managing your stock. A proper bill of materials sample will help you plan, schedule and manage your inventory and production.
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A BOM is essential for accurate inventory planning and management
As a manufacturer, you probably know everything there is to know about inventory management and are possibly familiar with a bill of materials (BOM) too. Using a bill of materials Excel template will help you optimize your inventory and plan your production in as much detail as possible.
What is a bill of materials?
A BOM is a report that describes the requirements of inventory and product assembly.
It includes data like:
Components used in production
Materials needed in manufacturing
Quantities of materials and components per product or batch
Source and supplier for each inventory item
Additional requirements for assembling or constructing the product
Benefits of BOM
Manufacturers use BOMs mainly to optimize all their processes and to avoid inefficiencies.
More specifically, a BOM has benefits like:
Streamline the ordering process
Minimize waste and cost by increasing accuracy in material tracking
Identify components used in the assembly processes
Prevent overstocking or understocking parts
Simplify meeting regulatory requirements
If BOM spreadsheets and documents freak you out or seem like too much trouble, it’s time to find software to ease the process even more.
Why not try out Katana and see how it can help you?
Real-time tracking of your inventory in all locations
Batch tracking from production to retail
Reorder points to prevent understocking
Generate and use barcodes for better inventory management
Using a bill of materials software has several advantages, but here are the main ones to look out for:
With BOM software, you can track processes and time spent on them, thereby optimizing production and preventing idle time
Tracking inventory in real time gives an accurate overview of how much materials are and should be used in the future
Using the Shop Floor App gives access to shop-level workers and streamlines the manufacturing process
Supervise all your raw materials, suppliers, operators, and assignments in one place
Once you have a better overview of your materials, you can plan your supplies better and cut down on leftovers
Following your own guidelines and processes ensures your product passes every quality check and makes your customers happy
How Raw Coffee Company increased efficiency by 40%
Katana’s bill of materials (BOM) is a tremendous help in our manufacturing and production management. Integrations with Shopify and Xero also play a big role in business management, helping us streamline our operations from sales orders to ready-made goods. We can now manage both B2B and B2C orders with greater ease.