Jump Start Your Efforts With OpenBOM’s Cost Roll Ups Quick Start

Oleg Shilovitsky
Oleg Shilovitsky
10 August, 2021 | 2 min for reading
Jump Start Your Efforts With OpenBOM’s Cost Roll Ups Quick Start

I’ve never in my life have had a manufacturing company tell me that cost management is not important to them. One of the most important elemental solutions OpenBOM provides that almost all users and customers are implementing is the way to manage and calculate the cost of the product, organize the list of parts to be purchased, and validate that the right price is used for the purchase orders. 

The Problem 

Trying to calculate the rollup cost in a spreadsheet is next to impossible. I can see two major headaches when you try to do so. The first is having a single place to store and manage cost information for parts and components. The usual approach is to create a BOM in Excel (or google sheet) and pull all the information there. But then a new product (and Excel came) and you need to do it all over again. The cost information is duplicated and you’re lost in many Excel files. 

The second headache is the rollup. While BOM is structured as parts, sub-assemblies, and assemblies, the excel file is flat. To calculate cost per level and roll it bottom up is nearly impossible in spreadsheets. 

OpenBOM solves both problems using a very simple and elegant solution. To make it happen, you need to get familiar with the basic OpenBOM data management capabilities. 

Underlining OpenBOM Data Model 

OpenBOM catalog is a database of all items that manage a single source of information about the parts (including cost) and is automatically used in all BOMs. No more duplications… OpenBOM formulas provide an out-of-the-box solution to rollup values (e.g. cost) calculated between multiple BOM levels.

In the following picture, you can see how the OpenBOM data mechanism works between Catalog (Item Properties – Cost, Description, etc.), BOM (instance properties – Quantity, Calculated Cost), and connected Part numbers. 
Rollups Calculations

The following image explains the anatomy of calculations and rollup in OpenBOM. The formula mechanism calculates the totals on each level, propagates it up, multiply with the quantity and do repeats on the upper level. 

In the end you will be getting a total rollup of the cost at all levels.

Video Demo 

The following video gives you a quick five-minute demonstration on how to set up a basic roll-up formula and get the total cost of your product assembly.

Conclusion 

Rollup is a super powerful calculation feature that can be used flexibly in OpenBOM to help you calculate many properties (e.g. cost, mass, volume, etc). OpenBOM’s flexibility can be easily adapted to many different applications to make a total summary of the product characteristics. I hope this video helped you to understand OpenBOM’s underlying power. 

If you’re looking to get some hands-on experience Register for FREE to create an OpenBOM account and start your FREE 14-DAY TRIAL today. You’ll be amazed at how easily OpenBOM helps you with calculation and rollups. I bet you’ll never go back to Excel again. 

Best, Oleg 

Related Posts

Also on OpenBOM

4 6
26 December, 2025

For a long time, APIs in PLM systems lived in an awkward place. They existed, protected by software vendors to...

26 December, 2025

Welcome to the final OpenBOM release of 2025! This December update reflects many of the patterns we consistently see when...

23 December, 2025

“Can you just send me the files?” This is one of those questions that sounds almost trivial, yet it keeps...

22 December, 2025

In the previous article, I introduced OpenBOM Review as a way to bring comments and discussions from emails to the...

19 December, 2025

PLM, as an industry, has never suffered from a lack of awards, quadrants, or analyst graphics. What it has struggled...

19 December, 2025

NEWTON, Mass., December, 19th, 2025 OpenBOM, a provider of cloud-native Product Data Management (PDM) and Product Lifecycle Management (PLM) software,...

18 December, 2025

When I look back at 2025, what stands out most is not a list of features or releases, but the...

17 December, 2025

For years, I have been watching the same pattern repeat itself across engineering and manufacturing teams. The BOM lives in...

16 December, 2025

In the last few posts, I started with the limits of PDM and file-based workflows, then gradually moved toward collaborative...

To the top