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Coda your inventory, part I
Turning Bills of Materials into actionable insights
In the dynamic world of product development, especially in industries like fashion with its diverse components, staying on top of your inventory is paramount. Imagine selling a fantastic pair of jeans or a cozy sweater. Each sale isn’t just about the final product leaving your virtual shelves; it has a ripple effect on the raw materials that went into creating it — the denim, the buttons, the zippers, the thread.
How do you effectively translate those sales into tangible impacts on your stock levels of individual components? The answer lies in a well-structured Bill of Materials (BOM) and a logical system to process it. Today, we’ll delve into a common and robust pattern for achieving this, using a clothing manufacturing example.
Understanding the Bill of Materials
As you can see in the table below (a simplified representation of our clothing BOM), it meticulously lists every component required to create a single unit of a finished good:
For every “Classic Trousers” we sell, we know we’ve used one “Classic Buttons” and…
