M2M ERP simplifies the process of updating your bill of materials. Since bills of material (BOM) are used to generate quotations and sales orders, up-to-date information on the components and sub-contractors used to produce your product are essential. M2M ERP helps you to:
- Balance your lead times for different parts in your production process so resources can be allocated "just in time" when a component is needed.
- Trim inventory and avoid placing resources into components that are further out in the fulfillment process.
- Improve cash flow by maintaining less inventory and spending money in a timely manner.
- Build and maintain your BOM.
- Change BOM quickly and easily to replace or delete items.
- Capture and display all components with sub-assemblies at any level.
- Maintain reports that detail your product structures and enable you to find parts where they are being used.
- Ease the process of determining product costs.