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The Bill of Material (BOM) market is a subset of the Supply Chain Management (SCM) industry. It is a system used to track the components and materials used in the production of a product. BOMs are used to ensure that the right parts are available when needed, and that the production process is efficient and cost-effective. BOMs also provide visibility into the supply chain, allowing companies to identify potential risks and opportunities.
BOMs are used by a variety of industries, including automotive, aerospace, electronics, and medical device manufacturing. Companies in the BOM market include Oracle, SAP, Infor, Epicor, and IFS. These companies provide software solutions that enable companies to manage their BOMs and optimize their supply chain operations. Show Less Read more