BOMs inside ERP systems are not designed to track specification data. If you have several variables associated with your BOMs, then you might need to track specifications separately. Even if you have PIM or PLM, you might still need the specification software as that can not only help in creating the product model faster, but it can centralize your specification data, especially if you might be using multiple systems in your architecture. The centralized specifications could also provide insights into data and analytics you might need to optimize your procurement or to pursue sustainability initiatives.
In today's episode, our guest, Matthew Wright, shares his insights into specification management for manufacturers. He also discusses what specification is and how it differs across industries. Finally, he discusses concepts such as the difference between specification management software vs. PLM vs. PIM vs. BOMs vs. CAD add-ons that remove duplicate part data, user journies for specification management software, and how the analytics software differs from the operational software.
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