The Add+On VELOCITY Software Bill of Materials application is a flexible, easy-to-use system designed for companies that assemble finished goods and manufacture most of the components. It provides unlimited levels of material usage and has features that easily calculate material, direct, and overhead labor costs.
You’ll have accuracy and complete flexibility.
Define and improve your manufacturing requirements through an efficient and easy-to-use Bill of Materials process. Built-in flexibility allows you to define your materials in any unit of measure, and adjusting factors for scrap and yield make materials requirements simple yet accurate.
You can control engineering change orders with ease. Enter them in advance of the change and let the effective date determine when to place them into effect. Full change order history is available through the use of an obsolete date, and you’ll be able to generate complete reports showing only the current requirements or a full history of all change orders.
Accurately calculate the actual manufacturing cost for an item by including operations and subcontracts in your definitions. Track overhead for all operations. Roll up costs on demand, or use average costing methods. You can quickly backflush components after manufacturing for easy, just-in-time operations.
Bill of Materials is a flexible, easy-to-use system with time-saving features
- Create bills easily by using the copy bill feature. It lets you use an existing bill as a template for a new one. Item lookups assist you in bill creation. You can flag phantom bills that are common assemblies used in several products, and when you open a job, these bills are exploded.
- Each bill of materials contains a detailed list of requirements. By entering a divisor and alternate for each item, you can define unit-of-measure conversions. A scrap factor will increase the calculated quantity required to allow for anticipated scrap, and yield percentages adjust the quantity required to allow for expected increase. Material costs are based on unit cost, quantity required, and the divisor and alternate factors.
- Define your own operation codes to describe labor processes used in manufacturing a particular item. They can be as general as labor or as specific as the names of each machine used in the routing. Each operation code can have its own labor and overhead rates. You can define setup, run, queue, and move times.
- You’ll be able to describe each operation in detail on convenient message lines. Messages for materials are printed on pick lists, and subcontract messages can be used for either internal or external communications.
- Identify changes easily by using effective and obsolete dates for each line type (materials, operations, subcontracts). Effective dates allow phased implementation of ECOs; obsolete dates allow historical tracking of past change orders.
- Quickly determine the impact of changes to your bill of materials files with where-used listings for both materials and operations.
- You can globally search and replace components with Add+On VELOCITY’s powerful Global Component Replacement program. You simply enter a date once; new components become effective and replaced components will be obsolete.
- Items you produce or assemble can be entered and exploded against the bill of materials to receive the completed assembly and to issue or backflush the component parts. Phantom assemblies will also be backflushed.
- Selectively update standard costs with the Inventory Costing program. You’ll have the ability to preview the impact of cost roll-ups with the print-only version; then update with the cost-only version. All levels of the bill will be printed in detail, reflecting labor, overhead, and materials.
- You can enter the quantity desired to build, and a list of available components is instantly displayed.
- The Bill of Materials windowed lookup displays a wealth of information regarding each bill. There are many lookup methods.
- You can take advantage of optional batched entry and processing of inventory production entries and order production entries.
Bill of Materials Reports include
- Inventory Production Register
- Order Production Register
- Materials Where Used Listing
- Operations Where Used Listing
- Indented Bill of Materials Report
- Bill of Materials Packing List
- Bill of Materials Detail Listing
- Inventory Costing Report