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The Bill of Materials system controls the structure and costs of the various elements that make up a finished product.
Raw materials, bought-in items, subassemblies, overheads and labour costs are monitored to ensure uninterrupted manufacture, at the most advantageous cost.
The Bill of Materials design is modular. It can be used either as a stand alone system, or combined within a fully integrated accounting system.
Advantages of the system are;
- True cost of production is identified.
- Adequate inventory of required materials are kept at all times.
- Simplification of the most complex materials flow.
- Accurate definition of the components which make up a product, keeping records current.
The following profile of features shows the scope and flexibility of the Bill of Materials system;
- Multiple companies and branches
Every company or branch can have its own unique Bill of Materials.
The top level contains all those parts, labour and subassemblies which directly make up the finished product. This allows an unlimited number of levels of subassembly, bill of materials to be constructed.
- End item
The system accounts for any item that may be sold whether it is a completed item or a subassembly, which in itself is a component of a larger assembly.
- Exploded Bill of Materials
All subassemblies can be expanded so that the relevant components are detailed at all levels.
- Imploded Bill of Materials
Helps to trace the structure of an end item from the component, through subassemblies at all levels.
- Activity code
Every item on the bill of materials is allocated a status code to aid the planning and control function.
- Overhead component
A number of user-defined classifications of overhead components are catered for in the system.
- Inventory interface
Interface to the Inventory system enables components which are inventory items to be validated. A comparison of actual costs with the product master standard costs may be performed.
- "Where used" facility
This facility determines in which subassemblies certain components are used.
- Password protection
Access to the system is fully password protected, to ensure complete security over confidential information.
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