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Glossary Logistics / Term

Planning Bill of Material

An artificial grouping of items or events in bill-of- material format used to facilitate master scheduling and material planning. It may include the historical average of demand expressed as a percentage of total demand for all options within a feature or for a specific end item within a product family and is used as the quantity per in the planning bill of material. Synonym: Planning Bill. Also see: Hedge Inventory, Production Forecast, Pseudo Bill of Material.

Permanent link Planning Bill of Material - Creation date 2021-12-06


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