To BOM or Not to BOM: A BOMversation of the Future of PLM

The conversation revolves around the topic of BOM (Bill of Materials) and its various aspects, including industry experience, favorite BOM types, and the challenges and religious debates surrounding BOM management. The use of Excel as a BOM tool and the emergence of new software solutions are also discussed. The conversation delved into the complexities of managing BOM (Bill of Materials) and the challenges associated with data models, AI, and the impact on business processes. The speakers emphasized the importance of starting with the business needs and the endeavor, as well as the significance of a well-defined data model. They also discussed the potential role of AI and automation in handling traditional BOM processes.TakeawaysBOM (Bill of Materials) is a complex and multi-level structure that represents the materials, components, and relationships within a product.The use of Excel as a BOM tool is prevalent due to its simplicity and widespread availability, but it may not be the most effective solution for managing complex BOM structures.New software solutions and startups are emerging to address the challenges of BOM management, offering more advanced and user-friendly tools for BOM representation and management. Data model is crucial for BOM managementAI and automation can impact traditional BOM processesStart with the business needs and endeavor before building the data modelChapters00:00 Use of Excel and Emergence of New Software Solutions47:00 Role of AI and Automation in BOM Processes#AI #EngineeringAI #CAD #PLM #DigitalThread #Manufacturing #SupplyChain #IndustrialAI #EngineeringSoftware #AgenticAI #AIAcrossTheProductLifecycle #BetterCallFino