What is bill of materials?
A bill of materials is the list of all the raw materials, resources, components, assemblies and parts - and the quantities of each of them - that are required to manufacture a product. In a simpler sense, a bill of materials is like an industrial recipe for creating an end product. From a procurement point of view, a bill of materials is a very useful document as it highlights the materials needed to be sourced as well as the ideal quantities of each of them. Explore more to learn more about the GEP’s bill of materials software for procurement.
World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.
