A BOM (Bill of Materials) is crucial in manufacturing and product development. It provides a comprehensive list of components, materials, and sub-assemblies required to build a final product. BOM: 543297 refers to a specific Bill of Materials that helps streamline production, optimize inventory management, and ensure cost efficiency.
Every BOM comprises part numbers, descriptions, quantities, and sourcing information. For manufacturers, having an accurate and well-structured BOM is essential to avoid production delays and cost overruns. BOM: 543297 plays a key role in ensuring that all necessary components are available at the right time, reducing the risk of supply chain disruptions.
In addition, it is involved in the generation and sale of wind energy. The company was incorporated in 2020 and is based in Noida, India.
| Inox Wind Energy Limited | ||
| Country | India | |
| Founded | 2020 | |
| Industry | Engines And Turbines | |
| Employees | 2 | |
| CEO | Kallol Chakraborty | |
Contact Details
- Address: INOXGFL Towers
- Noida, Gujarat 201301
- India
- Phone: 91 12 0614 9600
- Website:co.in
Stock Details
- Ticker Symbol: 543297
- Exchange: Bombay Stock Exchange
- Fiscal Year: April – March
- Reporting Currency: INR
- SIC Code: 3510
Financial Performance
In 2023, Inox Wind Energy’s revenue was 17.46 billion, an increase of 139.25% compared to the previous year’s 7.30 billion. Losses were -675.12 million, -81.79% less than in 2022.
Why is BOM: 543297 Important for Manufacturing?
A well-organized Bill of Materials provides numerous advantages in the production process. It helps manufacturers keep track of components, ensuring they have the correct materials for assembly. BOM: 543297 can also improve collaboration between teams, including engineering, procurement, and production.
Cost control is another significant benefit of having a structured BOM. Companies can optimize purchasing strategies, minimize waste, and reduce expenses by knowing strictly what materials are required. Additionally, an accurate BOM ensures that any design changes or updates are correctly documented, preventing errors during manufacturing.
How to Optimize Production Using BOM: 543297
Manufacturers must follow best practices when utilizing a Bill of Materials to maximize efficiency. First, ensuring data accuracy is critical. Any errors in the BOM can lead to production delays, incorrect material orders, and increased costs. BOM: 543297 should be regularly updated to reflect design modifications or supply chain changes.
Another key factor is using structured BOM formats, such as hierarchical or single-level BOMs. These formats help teams better understand the relationships between different components, making the assembly process more efficient. Integrating BOMs with enterprise resource planning (ERP) or product lifecycle management (PLM) systems can also enhance efficiency and reduce manual errors.
Conclusion
In manufacturing, having a well-documented Bill of Materials is essential for seamless production and cost optimization. BOM: 543297 is vital for managing components, ensuring quality, and improving efficiency. Companies can reduce risks by following best practices, keeping BOMs updated, and maintaining a smooth production workflow.