"Components" are individual components or parts used in a larger system. They can be physical products, components, assemblies, or other elements that can be identified, managed, and used separately.
Typical functions of software in the area of "components" include:
Parts Management: Capturing and managing information about individual parts, including descriptions, dimensions, materials, manufacturer data, and other attributive data.
Inventory Management: Monitoring and tracking the availability and stock levels of parts to ensure efficient use and timely procurement.
Bill of Materials Management: Creating and managing bills of materials or kits that define the structure and composition of parts in assemblies or products.
Relationship Management: Linking parts to other elements such as assemblies, products, suppliers, or projects to manage interactions and dependencies.
Documentation: Storing and managing technical drawings, documentation, certificates, or other relevant records for each individual part.
Change Tracking: Logging changes to parts, including revisions, modifications, or updates, to ensure traceability and documentation.