Can CM provide complete costing of our production cycle?
You can define the consumption of materials for each and every item and track the items consumed in each process. Again tracing of additional purchase can be done by MRS (Material Requisition Slip). Thus you get a complete track of material cost during any process. Again you get to know the material cost incurred after each and every machine through defining the preventive, maintenance and breakdown records for each and every machine. Thus what you get is a complete costing analysis of the entire production cycle of your organization.