OpenBOM is a digital network-based platform that manages Product data and connects manufacturers and their supply networks from the company of the same name in Boston. OpenBOM enables users to share and collaborate data using online Bill of Materials from initial design through all stages of engineering, manufacturing, and supply chain.
OpenBOM is mainly BOM-centric, whilst PLM solutions have much wider functionality, suitable for cross-department activities. We are in constant search and evaluation of a one-fits-all solution and, I must say, after a price spike, OpenBOM doesn't look as attractive as it used to.
-We selected for ease of use and ease of implementation -We wanted to keep our overhead low -We wanted to track some inventory and this was helpful for that in a lightweight manner
OpenBOM is well suited for users who require the ability to have a "structured sandbox" when it comes to part, BOM, and vendor management. By having this structure, it allows for consistent capturing of key information, in a structured way, while also being dynamic where approved users can modify the information without too much overhead. We're using it for a medical device.
OpenBOM is mainly BOM-centric, whilst PLM solutions have much wider functionality, suitable for cross-department activities. We are in constant search and evaluation of a one-fits-all solution and, I must say, after a price spike, OpenBOM doesn't look as attractive as it used to.
My company has avoided (literally) hundreds of misconfigurations, saving us months of development cycle time.
We have been able to streamline vendor management/ approval (or disqualification), reducing the overall time from ~8 hours to <2 hours per vendor. And our maintenance of the vendors (e.g. requalification) has similar savings.