WEBINAR: Single Source of Truth and Digital Oil

Questions about data are one of the most important in the modern business world. For all businesses, the data quickly becomes a new “digital oil”. Data is one of the most burning questions. In the pre-digital age, data management platforms served one single function – to control data access and ensure the right data is used by people. Although these systems not always succeeded and some of the deliveries were questionable, the goal was clear – to put bring the right data to people at the right time. In simple words – give me the right version of Part and Assembly and the job is almost done. These systems used as electronic vaults of data and some workflow systems around.

The main difference between past systems focusing on placing data under control and modern digital systems is the way how the focus of data management is shifting from collecting of all information in a single database towards connecting systems, people, and companies in the digital network. 

The old PLM paradigm to lock the data in a single database (often called a single source of truth). As much as the idea is appealing, the reality of modern manufacturing companies with a large number of contractors, suppliers, and locations is not a good match to a single SQL database system architecture born in the 1990s. While having a sold data modeling foundation is imperative for any manufacturing data management system, to share data and link information from other companies, sources of information will make a difference. 

In this webinar, we talk about the foundation of OpenBOM, the reference-instance model, and how it can be used to build a foundation of a single source of truth. 

You will learn how OpenBOM can host any item definition to be (re)used in many different BOMs, even for very dissimilar products.  Example:  You have a set of standard hardware for all your products.  OpenBOM will master that hardware, images, definitions, material types, finish, etc in a single location then re-use each single item definition in many BOMs.  See how updating the cost of a fastener in the master location will update all BOMs using that item.  Or how to make a revision of a BOM to keep it from updating in the future. No more searching for Excels and making the same change in many places.

REGISTRATION LINK

September 9th, 2020 2:00 PM EDT

We will cover simple BOMs, Multi-Level BOMs, items management, the specific Autodesk Inventor settings which govern BOM creation, rolling up costs and mass, and finally how to create PO’s using the OpenBOM single click “Create POs” command.

Conclusion 

OpenBOM multi-tenant data management platform is a great foundation to build a single source of truth for the product, to connect it to the information in other systems, and to share instantly with team members, contractors, suppliers, and customers. In this webinar, you will learn about the core digital foundation of OpenBOM – how to manage items and BOMs.

Best, Oleg @ openbom dot com.