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Bill of Materials (BOM)
A Bill of Materials (BOM) is a comprehensive list of raw materials, components, sub-assemblies, and parts needed to manufacture a product, along with the quantities of each required. It serves as a master document for production planning, procurement, and inventory management.
A well-structured BOM is critical for:
- Accurate cost estimation
- Efficient procurement processes
- Streamlined production planning
- Effective inventory control
Modern procurement systems like AuraVMS integrate BOM management to automate RFQ generation based on production requirements, ensuring timely material sourcing.
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