Aberdeen’s Group study of top performing companies that were almost 40% more likely to be using a Product Lifecycle Management (PLM) system to enable BOM business processes and operate them efficiently. Based on the experiences of over 200 companies, this Sector Insight shows the opportunities small and medium businesses (SMBs) have to improve their performance by adopting the Bill of Materials (BOM) management processes used by the top performing companies to address the challenge of increasing product complexity.