OpenBOM vs Vault PLM

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Our analysts compared OpenBOM vs Vault PLM based on data from our 400+ point analysis of PLM Software, user reviews and our own crowdsourced data from our free software selection platform.

OpenBOM Software Tool

Product Basics

OpenBOM is a cloud product lifecycle management tool that governs product data, purchases and supply chains for manufacturing and engineering organizations. It helps bridge the gap between communication and data management, and optimize production operations. It offers effective collaboration tools for individuals, groups and businesses around the world along with production and procurement planning.

Real-time bill of material (BOM) updates, data sharing, instant calculations and purchase planning are some of its primary functions.
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Vault PLM offers enterprise-level collaboration and product monitoring. It supervises operations, shares relevant object information across companies and offers swift product designing. It's cloud-based.

Its top modules are bill of material (BOM) management, quality management and supplier collaboration. It can allocate, track and confirm change requests and orders. It can also structure product templates and regulate duties based on a product's line, team or role.
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$40/User, Monthly
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$450/User, Monthly
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Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • All-in-One Databank: Pair part numbers, descriptions, modifications, costs, suppliers and more with an item for thorough data records. 
  • Monitor BOM Changes: Govern and track BOM changes as well as make updates to a BOM. 
  • One-Click BOMs: Develop BOMs with the push of a button instead of manually counting material, saving time and effort. 
  • Swift Data Sharing: Activate instant data sharing in just one click of a button or with automatic role-based content sharing with various team views. 
  • Improved Collaboration: OpenBOM streamlines communication and data sharing among teams, enabling seamless collaboration across departments and locations.
  • Enhanced Productivity: Its intuitive interface and automated workflows streamline processes, reducing manual tasks and increasing efficiency.
  • Reduced Costs: By eliminating data silos and automating tasks, OpenBOM helps businesses minimize waste and optimize resource allocation.
  • Increased Agility: Its cloud-based platform provides real-time data access and enables rapid response to market changes.
  • Improved Decision-Making: OpenBOM provides comprehensive data analysis and reporting, empowering users to make informed decisions based on accurate insights.
  • Enhanced Compliance: Its robust security measures and audit trails ensure compliance with industry regulations and standards.
  • Scalability: OpenBOM's flexible architecture accommodates the growing needs of businesses, enabling seamless expansion as operations scale.
  • Increased Innovation: By freeing up resources and improving collaboration, OpenBOM fosters a culture of innovation and encourages out-of-the-box thinking.
  • Improved Supplier Management: Its integrated supplier portal simplifies communication and collaboration with suppliers, streamlining procurement processes.
  • Reduced Risk: OpenBOM's centralized data repository and version control minimize the risk of data loss and errors.
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  • Enhanced Collaboration: Vault PLM facilitates seamless collaboration among cross-functional teams, allowing engineers, designers, and manufacturers to work concurrently on product development projects, streamlining communication and reducing errors.
  • Centralized Data Management: Vault PLM serves as a central repository for all product-related data, ensuring that all stakeholders have access to the most up-to-date information, eliminating data silos and inconsistencies.
  • Improved Product Quality: By providing a structured and controlled environment for product development, Vault PLM helps teams identify and resolve potential issues early in the design process, resulting in higher-quality products.
  • Reduced Time-to-Market: Vault PLM's streamlined processes and automated workflows accelerate product development cycles, enabling companies to bring products to market faster, gaining a competitive edge.
  • Increased Productivity: Vault PLM's intuitive interface and powerful tools enhance productivity by automating repetitive tasks, freeing up engineers to focus on more strategic and value-added activities.
  • Enhanced Traceability: Vault PLM provides comprehensive traceability throughout the product lifecycle, enabling teams to track changes, identify dependencies, and ensure regulatory compliance.
  • Improved Decision-Making: Vault PLM's reporting and analytics capabilities provide valuable insights into product development processes, empowering teams to make data-driven decisions.
  • Scalability and Flexibility: Vault PLM's modular architecture allows companies to customize and scale the solution to meet their specific needs, adapting to changing business requirements.
  • Reduced Costs: Vault PLM's centralized data management, automated workflows, and improved efficiency lead to significant cost savings throughout the product development process.
  • Improved Customer Satisfaction: By enabling teams to deliver high-quality products faster, Vault PLM ultimately contributes to increased customer satisfaction and loyalty.
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  • Effortless Integrations: Merge with computer-aided design (CAD) systems as well as other PLM and ERP solutions. 
  • Automatic BOM Updates: Generate and update BOMs from any CAD application with this apparatus. 
  • Instant Calculations: Fuse numerous assemblies into one multi-faceted BOM and immediately cipher all data required for product planning and purchasing. 
  • Data Sharing: Initiate instant sharing with real-time collaboration and concurrent editing tools that ensure information is current and distributed to the right people. 
  • Purchase Planning: Adjust the amount of products, track inventory levels on hand and execute automatic purchase order generation procedures. 
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  • Product Data Management: Consolidate design information and engineering operations in one place. Find and recycle files, document revisions, collaborate and share information to strengthen production. 
  • New Product Development: Make new product concepts a reality with realistic budgets and deadlines. Leverage Gantt chart formats with highlighted status indicators to review a product's progress. Detect potential delays and impede them rapidly. 
  • BOM Management: Supervise every BOM aspect, including part descriptions, item numbers, assemblies and more. Input and include product files and records to specific items or BOMs for detailed product requirements, practices and sketches. Compare multiple edits to know which items were modified and if new versions meet compliances. 
  • Change Management: Record change orders to apply and administer regulation, distribution and file revisions. Catch bugs and failed tests and track root problems. Utilize to-do list formats to outline required actions and send detailed reminders. 
  • Quality Management: Conduct nonconformance incident reports and analyses. Determine if products meet CAPA compliance regulations and perform RMA return requests, verifications and repairs. Utilize one complete data source to ensure it meets auditing and compliance rules. 
  • Supplier Collaboration: Boost product results by aligning internal and external stakeholders' realistic estimations. Allocate drawings and 3D models to suppliers to showcase design details and receive precise cost quotes. Share specified product information, regulatory compliance conditions and files with suppliers via a centralized system of BOM data and in-depth protocols. 
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Product Ranking

#29

among all
PLM Software

#57

among all
PLM Software

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Analyst Rating Summary

72
77
84
85
100
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78
100
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Change Management
Project Management
Part Management
Document Management
Design Management
Change Management
Compliance Management
Document Management
Part Management
Requirements Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

OpenBOM
Vault PLM
+ Add Product + Add Product
Bill Of Materials Management Change Management Compliance Management Design Management Document Management Packaging And Label Management Part Management Platform Capabilities Project Management Quality Management Recipe And Formula Management Reporting And Dashboard Requirements Management Supplier Management 84 100 78 88 95 27 99 83 100 48 57 72 75 75 85 100 100 87 100 18 100 83 94 86 14 89 100 100 0 25 50 75 100
83%
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17%
83%
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17%
100%
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100%
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78%
0%
22%
100%
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83%
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17%
67%
33%
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100%
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27%
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73%
18%
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82%
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83%
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17%
83%
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86%
14%
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10%
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90%
80%
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20%
57%
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43%
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86%
67%
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33%
89%
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11%
58%
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42%
100%
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71%
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29%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

67%
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33%
67%
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33%
58%
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42%
67%
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33%
80%
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40%

User Sentiment Summary

Great User Sentiment 40 reviews
Great User Sentiment 54 reviews
84%
of users recommend this product

OpenBOM has a 'great' User Satisfaction Rating of 84% when considering 40 user reviews from 1 recognized software review sites.

84%
of users recommend this product

Vault PLM has a 'great' User Satisfaction Rating of 84% when considering 54 user reviews from 2 recognized software review sites.

n/a
5.0 (6)
4.2 (40)
4.1 (48)

Awards

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SelectHub research analysts have evaluated Vault PLM and concluded it earns best-in-class honors for Requirements Management.

Requirements Management Award

Synopsis of User Ratings and Reviews

Low Learning Curve: OpenBOM is praised for its user-friendly interface and straightforward functionality, making it easy for users to navigate and quickly become proficient in the system.
Flexibility and Customization: Users appreciate OpenBOM's adaptability, allowing them to tailor the platform to meet their specific PLM requirements and workflows, reducing the need for extensive customization or third-party integrations.
Cloud-Based Collaboration: OpenBOM's cloud-based architecture facilitates real-time collaboration among team members, regardless of their location or device, fostering seamless communication and project coordination.
Integration with CAD and ERP Systems: OpenBOM's seamless integration with popular CAD and ERP systems enables users to streamline their PLM processes, eliminating data silos and enhancing data integrity across the enterprise.
Affordability and Scalability: Users often cite OpenBOM's cost-effectiveness and flexible pricing options as key advantages, making it accessible to businesses of various sizes and budgets. Its scalability allows companies to grow their PLM capabilities as their needs evolve.
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Version Control: Centralized platform for storing, tracking, and managing multiple versions of product data, ensuring easy access and collaboration.
Bill of Materials Management: Comprehensive BOM management capabilities that allow for the creation, editing, and sharing of BOMs, streamlining product structure definition and change management.
Change Management: Robust change management system that tracks and controls changes to product data, ensuring traceability and minimizing the risk of errors.
Document Management: Centralized repository for storing and managing product-related documents, providing easy access and version control for engineering drawings, specifications, and other documentation.
Collaboration and Communication: Facilitates collaboration and communication among team members, enabling seamless sharing of information, ideas, and feedback.
Customization and Flexibility: Customizable platform that allows for tailoring to specific business needs, enabling integration with existing systems and processes.
Scalability and Performance: Scalable solution that can handle large volumes of data and users, ensuring efficient performance even for complex product development environments.
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Confusing User Interface: Many users have found the OpenBOM user interface to be unintuitive and difficult to navigate, with many features and functions buried in menus and submenus.
Limited Customization: OpenBOM offers limited customization options, making it difficult for users to tailor the software to their specific needs and workflows.
Lack of Integration: OpenBOM has limited integration with other software tools, making it difficult to exchange data and collaborate with other systems.
Inconsistent Support: Users have reported inconsistent levels of support from OpenBOM, with some experiencing long wait times and unhelpful responses.
Frequent Bugs and Errors: OpenBOM has been plagued by frequent bugs and errors, which can disrupt workflows and cause data loss.
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Licensing Model: Vault PLM's licensing model can be complex and expensive, especially for large organizations with multiple users and locations.
Limited Customization: Vault PLM offers limited customization options, which can make it difficult to tailor the software to specific business processes.
Steep Learning Curve: Vault PLM has a steep learning curve, which can be a challenge for users to master the software quickly and efficiently.
Limited Integration: Vault PLM's integration capabilities with other software systems can be limited, which can hinder data sharing and collaboration.
Slow Performance: Vault PLM can experience performance issues, especially when working with large datasets or complex models.
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Over the past year, OpenBOM has carved out a niche for itself in the PLM software market, distinguishing itself through its user-friendly interface and robust feature set. Users have lauded its real-time collaboration tools, which streamline the product development process by allowing team members to work simultaneously on projects, reducing the time to market. This feature, in particular, has been highlighted as a game-changer, setting OpenBOM apart from competitors like Autodesk Fusion Lifecycle and Arena PLM, which, while powerful, can sometimes lag in real-time data synchronization. However, some users have pointed out weaknesses, such as the initial learning curve and occasional glitches in the system, which can disrupt workflow. Despite these hiccups, the consensus is that OpenBOM offers comprehensive integration capabilities, particularly with CAD software, which enhances its utility for engineering teams. This seamless integration facilitates a smoother transition from design to manufacturing, a critical factor in product lifecycle management that some users felt was less efficiently handled by alternatives like PTC Windchill. What makes OpenBOM stand out is its scalability and affordability, making it an attractive option for small to medium-sized businesses. The platform's ability to adapt to various business sizes without significant performance degradation is a testament to its robust architecture. This scalability, coupled with a transparent pricing model, underscores its appeal to startups and growing companies that require a flexible, cost-effective PLM solution. In conclusion, OpenBOM is most suited for small to medium-sized enterprises seeking a user-friendly, scalable PLM solution that excels in real-time collaboration and CAD integration. Its unique blend of features, affordability, and performance makes it a compelling choice for businesses aiming to streamline their product development processes without breaking the bank.

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Vault PLM is a comprehensive PLM software solution that has received positive feedback from users in the last year. One of its strengths is its user-friendly interface, which makes it easy for users to navigate and find the information they need. Another strength is its powerful search functionality, which allows users to quickly and easily find the data they are looking for. Additionally, Vault PLM offers a wide range of features and functionality, making it a versatile solution for businesses of all sizes. Compared to similar products, Vault PLM is said to be more user-friendly and easier to use. It is also said to be more affordable than some of its competitors. However, some users have reported that Vault PLM can be more complex to implement than other PLM solutions. Additionally, some users have reported that Vault PLM can be slower than some of its competitors. Overall, Vault PLM is a solid PLM solution that is well-suited for businesses of all sizes. It is easy to use, affordable, and offers a wide range of features and functionality. However, it is important to note that Vault PLM can be more complex to implement than other PLM solutions and can be slower than some of its competitors.

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