Kits, Assemblies, Bundles, and Bill of Materials in an Inventory Management App
Among the many things you want your inventory management application to simplify are kits, assemblies, bundles, and bill of materials. They are vital to any business that creates and sells products made from multiple parts and materials. Your inventory management app should make it easy to manage and keep track of them.
An assembly or bundle is a product that is made from other products, parts, or materials. There are two main types.
- A kit is a product that is actually made up of your other products. For example, a beauty store might sell a kit that contains various hair and body products. They sell all the products individually, but they also offer a kit that contains them all together.
- A bill of materials is a list of all the materials that go into a product that you create. These are raw materials, that you wouldn’t sell in your store.
If you make chairs you would want a bill of materials of all the parts that you use to make a chair. While you don’t sell the parts in your stores, you still want to know how many parts you have.
It might seem like a pain to handle all these parts, but it doesn’t have to be. Here’s how your inventory management app should help you to manage kits, assemblies, bundles, and bill of materials.
Your inventory management app should let you keep track of all your assemblies and bundles. For products you create from raw materials, you should be able to create a bill of materials, and it should keep track of how many parts you have. You should be able to select a bill of materials when you make a product, and have each materials stock adjusted accordingly. You should also be able to create kits, but from products you already carry in your store. When a kit is ordered, it should be linked to all the products it contains so their stock is changed accordingly. You should be able to create both types of assemblies; bill of materials and kits, and they should be managed accordingly.
One app that is sure to do everything above plus much more is our Bizelo eRetail Inventory Management App. Our app can give you all you need to make managing your assemblies, bundles, kits, and bill of materials easy!