Maintaining BOMs by Revisions or Effectivity Dates
You can maintain item BOMs by:
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Revisions
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Effectivity dates
When you define your assembly items, use the BOM Usage group box to determine whether you manage your BOMs by using revisions.
You can indicate that you automatically generate revisions for the item. While you can define at the business unit level that all items in your business unit use automatic revisions by default, you can at the item level change that setting for specific items. Prior to using automatic revisions, you must set up a revision scheme with the Manufacturing Options component.