Any successful attempt to operate across multiple enterprises and through n-tiers of external stakeholders necessitates a clear understanding of the critical material and process inputs to your supply chain. The key to achieving this is held in the Extended Bill of Resources. By definition, the Extended Bill of Resource captures the materials, parts, and operations required throughout the manufacturing process to deliver a finished product. It provides the manufacturing company (or ‘Network Sponsor’) with the relevant data needed to:
- Translate finished goods production schedules into raw material forecasts and/or capacity requirements
- Leverage aggregate material requirements across the entire supply network for cost savings or simply to improve network predictability and efficiency
- Identify and engineer solutions to address common problems associated with outsourcing, including but not limited to the proliferation of parts, materials, specifications and the sizes of materials that are purchased by the Network Sponsor and its Tier-N suppliers.
Our value driven approach, processes and solutions are powered by the Extended Bill of Resources.