Co-products/By-products Best Practices | Manufacturing Bill of Materials (BOM) Costing Concepts

The bill of materials becomes complex when you might have multiple layers of costing and sub-assemblies.
But you need to be at a different level when you might have co-products and by-products involved as part of your manufacturing process.
The co-products can help you optimize your production process and allocate costs appropriately.
The by-products can help you measure the yield percentages accurately.
But unless your SKUs and BOMs replicate the physical production processes, your costs and yield percentages may be all over the place.
So what are the best practices for capturing by- and co-products appropriately as part of the production process?
Let's hear from experts David Dozer, Chris Gherardini, Mark Lilly, and Sam Gupta as they share their insights on Co-products/By-products.
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