This guide explains that BOM management is the disciplined process of controlling and maintaining bills of materials across a product’s lifecycle to reduce cost, risk, and supply-chain disruption. For electronics teams, effective BOM management links design, procurement, and manufacturing with real-time data on part availability, pricing, compliance, and lifecycle status. The article shows how poor BOM practices lead to re-spins, delays, and higher costs, while modern cloud-based tools automate analysis to flag obsolescence, shortages, and compliance issues early. Best practices include consistent part libraries, strong version control, formal change management, early procurement involvement, and software that integrates directly with EDA systems and supplier databases. The result is faste

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