BOM

A listing of the materials included in a product. A bill of material could be thought of as a bakery's recipe for producing one of its products

BOM is a common abbreviation for Bill of Materials—used in manufacturing and costing to define the structure and required inputs of a product.

- Used to explain the concept in accounting and business contexts.
- Used when training staff or documenting procedures and policies.

- Example: Teams reference **BOM** when defining terms in manuals, policies, or training materials.

- Why it matters: Improves clarity and consistency across documentation and decision-making.