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You can’t negotiate confidently with strategic suppliers when you don’t even know what’s in the product. For too many sourcing and category managers, incomplete or outdated Bills of Materials (BOMs) are a daily reality especially when dealing with legacy SKUs, fragmented data systems, or newly acquired product lines. And when unexpected price hikes hit, the lack of detail becomes a crisis. You’re left scrambling to decode cost drivers, justify price increases, or respond to executive-level pressure for savings without the visibility you need to act with certainty.
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The Limits of Traditional BOM Approaches
Legacy BOMs often come from siloed ERP systems, static spreadsheets, or partial supplier inputs. They’re riddled with gaps: outdated component specs, missing materials, unclear process steps. When the BOM is incomplete, cost modeling becomes guesswork. And when you rely on guesswork, you lose leverage both in supplier negotiations and strategic planning.
This opacity leads to weeks of manual analysis, pricing misalignments, and missed opportunities for cost savings. Worse, when commodity prices fluctuate or macroeconomic shocks hit (as they inevitably do), you’re left reacting instead of planning.
The Shift to Muir's Product Intelligence Platform
Muir's Product Intelligence Platform transforms how you understand and manage costs. It’s a data-driven, AI-powered approach that goes beyond traditional cost modeling to generate a dynamic, complete view of your products even when your existing BOMs are incomplete or unreliable.
Instead of waiting weeks for clean data or manual BOM reconciliation, platforms like Muir generate synthetic BOMs using minimal inputs like a simple product description or procurement file. From there, you can simulate trade flows, cost drivers, and scenarios across your entire product portfolio.
1. Synthetic BOM Generation. No Specs Required
Muir’s platform uses proprietary AI models to generate a full bill of materials from simple inputs. Whether you’re working with a SKU number, a basic product description, or partial procurement data, Muir reconstructs the underlying raw materials, manufacturing processes, and component structure automatically.
That means you get a complete, defensible BOM without waiting for engineering drawings or detailed specs.
2. Component-Level Cost Breakdown
Each synthetic BOM includes a granular cost breakdown: raw materials, labor, energy, transportation, and overhead. You don’t just get a total product cost you understand why it costs what it does, and what’s driving increases. This insight is crucial for pushing back against supplier pricing or planning for design changes.
3. Trade Flow Mapping
Muir predicts where each component and raw material is likely sourced and manufactured, based on the product’s geography. This adds contextual intelligence to your BOM: you see the full value chain, from origin to assembly, including potential tariff exposure and logistics costs.
4. Scenario Modeling and Cost Reduction
With Muir’s Reduction Engine, you can simulate changes like sourcing a different material or moving production to a new country and instantly see the cost impact. Each recommendation is scored by implementation difficulty and cost reduction potential, helping you prioritize actions that deliver real value fast.
5. Instant Portfolio-Wide Insights
Muir isn’t just for single products. You can apply the same logic across hundreds or thousands of SKUs enabling category-level strategies, supplier consolidation decisions, and margin optimization at scale.
Actionable Takeaway
If your BOMs are incomplete, unreliable, or nonexistent you don’t need to pause or guess. You can generate a synthetic BOM in minutes with Muir, and use it to reclaim negotiation power, reduce costs, and drive strategic decisions.
Don’t let outdated BOMs slow you down. Let Muir show you what your products should cost down to the raw material and manufacturing step. Whether you’re dealing with legacy parts, new categories, or opaque supplier quotes, Muir gives you the data to act with confidence.
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