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Production Bill of Materials
A Bill of Materials (BOM) is a list that includes the raw materials, components, and components needed to build, manufacture, or repair a product or service. A product BOM often serves as the basis for a production order. It lists the assembled components that make up a finished product, as well as the prices, descriptions, quantities, and associated units of measurement. Reporting helps businesses at the same time:
- Monitor the production plan by day;
- Monitor the raw material norms for production aforementioned
Goals | Questions to ask | Dashboard views |
Monitor the production plan by day | What is the required output of each SKU per day? How much does 1 unit of product cost? How much do all goods estimated cost after production? | Plan FG_Qty, FG Cost, Plan $ |
Monitor raw material norms for production | What materials are needed to make a product? How many of each type? What is the unit cost and total material cost? | RM_Qty, RM Cost, RM $ |
Production Bill of Materials Report
- The production plan table and the BOM table in the report can interact with each other: when selecting a finished product, the total amount of materials
needed to produce that product will be displayed, while when selecting a material, it will be displayed. get all the products that need that material to make. - Production planning and material norms need to be monitored simultaneously and regularly to keep the production process running smoothly, avoiding downtime due to lack of materials.
*Key Terms
Plan FG_Qty:
Number of finished products to be produced according to the plan
FG Cost:
Original cost of finished products after production
Plan $:
Total value of finished products produced according to the plan
RM_Qty:
Quantity of materials needed to produce the finished product as planned
RM Cost:
Cost of materials
RM$:
Total value of materials needed to produce the finished product as planned