A common need of plastics producers is real-time shop floor production monitoring. This serves many purposes, including tracking cycles on tools or machines, data collection, precision measurement, analysis and reporting, gage management, and material usage and labor tracking.
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of materials (BOM) is constructed, users desire the ability to immediately view the level costs for every layer of their BOM structure for each item, and even to be able to track lower-level costs for work-in-process (WIP), subcomponents, or parent-child items. Such capabilities aim at increasing the productivity and accuracy of estimators and engineers by giving them the ability to make quick and accurate price quotes or pricing revisions, since they can thus generate multiple quotes per customer,