The BOM: The little-known secret of industrial efficiency

Did you know that effectively managing your Bill of Materials (BOM) can be the key to your competitiveness?

Let's dive into an example.

Context: The automotive industry is undergoing rapid change

Faced with the challenges of electrification and mass customization, automakers must rethink their approach to product management to remain competitive.

Example: Tesla revolutionizes BOM management

Tesla has integrated a BOM-centric approach into their PLM tool, allowing:

- Remote updates

- Advanced customization

- Increased responsiveness to market demands

The result? Tesla can modify its production vehicles 35 times faster than its traditional competitors.

Deduction: The future belongs to agile BOMs

This revolutionary approach shows us that:

1. The BOM is no longer a simple document, but a strategic tool

2. BOM-PLM integration is crucial for innovation

3. BOM flexibility directly impacts competitiveness

Question to the community:

How does your company manage its BOM? Are you ready for this revolution?

At LOCKDATA, we support manufacturers in optimizing their BOM for a successful digital transformation. Interested? Let's talk!