Podcast: A Better Approach to BOM Data Management and Purchasing

Modern manufacturing companies are facing increased challenges such as cost competition, product complexity, supply chain risks, and many others. Engineering and manufacturing companies are facing increased product complexity, aggressive timelines, and budget constraints. To compete in a modern manufacturing marketplace, companies need to maximize their resources and find non-traditional cost-saving opportunities outside of historically known paradigms.

Yet, companies are keeping old fashion ways to do business using siloed old systems and Excel files to manage product information. It is practically impossible to see companies using drafting boards in the 21st century. At the same time, to print an Excel file report from a 3D CAD system and circulate it among people in the company, engineering, procurement, and sending it to contractors is customary for many companies. The same comes as a way of managing product information. Excel files on shared drives with no way to manage revisions and knowing what is actually required to make their products and how much does it cost is a very typical way for many companies. 

You can ask why is it happening. There are two main reasons – habits and the absence of good tools. OpenBOM brings a modern, simple, and powerful tool to solve the problems of helping manufacturing companies to manage product data and connect them with suppliers and contractors. 

I had an opportunity to speak about how companies can start using OpenBOM and move to a better way to organize the information about products and processes. Check Digital Engineering (DE247) Podcast. 

Oleg Shilovitsky Podcast 

Conclusion 

How to move from Excel to SaaS PLM tools? Adding the magic SaaS buzzword to the name of the software won’t make the trick. We developed a unique software platform that helps companies to move from Excels to OpenBOM, to integrate the information coming from CAD systems, and make purchasing decisions. 

Check what OpenBOM can do for you by registering to OpenBOM. It has a FREE subscription tier and you can get a 14-days FREE TRIAL to test all OpenBOM professional, team, and company subscription levels. 

Best, Oleg @ openbom.com

Want to learn more about PLM? Check out my Beyond PLM blog and PLM Book website. Read OpenBOM customer reviews on G2 Crowd to learn what customers are saying about OpenBOM.