Throughout the
industry there seems to be a slight misconception that Data Cleansing servicesare only implemented for the MRO Item Master, however, these services are
equally useful for standardizing and enhancing BOMs.
The commonly
used industry term “BOM” stands
for Bill of Materials, which plays a key role in the overall efficiency of
equipment maintenance. A Bill of Materials
is a list of the raw materials, sub-assemblies, intermediate assemblies,
sub-components, and parts required to build a piece of equipment. A typical
Bill of Materials should include the following:
- BOM Level
- Part Number
- Part Name
- Phase
- Description
- Quantity
- Unit of Measure
- Procurement Type
- Reference Designators
- BOM Notes
The purpose of
the Bill of Materials is to identify which components are required to build or
repair a piece of equipment, ensuring that the right parts are available, in
the right quantity, at the right time. When every minute of equipment downtime
can cost a company thousands of dollars, it is absolutely critical that the
maintenance department have the necessary data to identify, stock and replenish
the specific parts that make up each of their valuable assets.
Just like the
MRO Item Master, the Bill of Materials requires cleansing, standardization and
enhancement to ensure accurate and efficient search ability, identification of
duplication, and reduction of excess inventory. With quality data at their
fingertips, maintenance and purchasing professionals can now set accurate order
points and order quantities, while quickly identifying and locating parts when
needed.
Benefits of quality BOMs
There are
many benefits to having a clean Bill of Materials, including:
Cost Savings
- Reduction of inventory – disposition of excess-active items
- Efficient asset utilization – identification of part duplication across equipment
- Reduction of expedited part orders
Improved Efficiency
- Efficient part identification, search ability and location
- Improved reporting capabilities
Maintenance Reliability
- Elimination of incorrect material purchases
- Elimination of material shortages and false stock-outs
For more
information on Data Cleansing and related services offered by I.M.A. Ltd.,
please visit www.imaltd.com or contact info@imaltd.com.