Get to Know Bill of Materials (BOM) for Inventory Management

You may have heard the term "bill of materials" before. However, creating and managing a bill of materials can be difficult. A bill of materials is a list of all the components that make a product. It is also known as a "parts list." Knowing your bill of materials is essential for inventory management. Watch this video to explore What is a bill of materials, the advantages of bill of materials, how to create a bill of materials for your product, parts of a bill of materials, and when to update your bill of materials.