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Glossary

Bill of Materials (BOM)

Bill of Materials (BOM) is the comprehensive, structured list detailing every component, sub-assembly, and raw material required to manufacture a finished product.

The  BOM is the foundational document for discrete manufacturing and the core input for material requirements planning (MRP) within any ERP system. Its primary functions are crucial for modern industrial logistics, to ensure accurate cost calculation, managing inventory levels, and establishing full product traceability across the supply chain. The accuracy of BOM directly determines pro

The Toyota Production System as Taught by Toyota - Episode 01 (Source: Toyota Motor Corporation)