Sometimes, asset-intensive companies work with a third-party contractor to assist with a BoM building project. There are quite a few reasons for this. For one, building BoMs are expensive. Much time, resources, and expertise are required for successful completion, and not every asset-intensive company may possess the required expertise. In this case, it would make sense for these companies to outsource their BoM building rather than embarking on a project without adequate resources.
- Adanna Anyalachi
A well-designed and managed maintenance program is a major contributor to the performance and profitability of a business. The days of managing work orders, assets and maintenance using paper and spreadsheets are quickly vanishing..
- Jeff Roscher