oboloo Glossary

Bom Inventory Management

oboloo Glossary

Bom Inventory Management

BOM inventory management is the process of tracking components involved in assembly and production systems. It involves monitoring stock levels, purchasing parts as needed, and analyzing data to make informed decisions about inventory levels and procurement. This process ensures the right parts are in the right place when required, which is essential for efficient and effective product manufacturing. With BOM inventory management in place, manufacturers can be confident that their operations are running smoothly, allowing them to focus on their core business activities.