The GM-X Product subsystem provides data management capabilities for both products and services.
Product data management and service data management
- Any number of products can be defined as either goods or services
- Optional revision control
- Product numbers up to 40 characters long
- Products can be linked to rich content such as photographs, drawings, manuals or videos
- Supports both serialized and non-serialized products
- Supports effective and discontinue dates
- Allows linkage of products to specific manufacturers, distributors or service providers
- Maintains preferences and priorities that may be linked to replenishment details
- Rates the overall performance of a product or service obtained from a specific supplier
- Allows entry of user-defined fields and values for products
- Supports product compatibility, interchangeability and substitution rules
- Supports multi-level bills of material or services with effective and discontinue dates
Product identification
- Supports standard GS1 (GTIN, EAN/UCC), manufacturer, SKU and other identity types
- Allows alternate identities to be provided for each product and identity type
Product and service categories
- Allows any number of product or service categories and sub-categories to be defined
- Allows entry of user-defined fields and values for product and service categories
- Supports grouping of categories into sections and sub-sections
- Supports multi-level category hierarchies
- Allows each product or service to have any number of categories or sub-categories
Product features
- Allows any number of feature categories to be defined
- Supports any number of standard features, options and variations within each category
- Allows multi-level feature collections ("bills of features") to be defined
- Supports feature compatibility and dependency rules
- Features can be applied to each product either individually or by entire category
- For each product a default feature can be defined for each category
Product, service and feature pricing and discounts
- Maintains default base prices for products and services with effective dates
- Option to maintain base prices by specific customer, or by customer group, with effective dates
- Maintains default standard feature prices with effective dates
- Maintains feature prices by product or service with effective dates
- Supports flat discounts and allowances by product or service, with effecctive dates
- Supports volume discounts, allowances and free goods with effective dates
- Supports flat or percentage discounts by total order value, with effective dates
Surcharges, shipping and handling, sales taxes and value-added taxes
- Automatically calculates shipping and handling surcharges based on the recipient’s postal address
- Supports flat surcharges by product or service, with effective dates
- Supports volume surcharges with effective dates
- Supports flat or percentage surcharges by total order value, with effective dates
- Supports sales and value-added tax surcharges with effective dates
- Supports different sales and value-added tax surcharges for different geographic areas
- Allows exemption of customer groups from specific surcharges or taxes
Bills of Material (BOM)
- User-defined BOM types (such as engineering, assortment, kit, configuration, costing)
- Allows standard product yields to be maintained by BOM type
- Each product (or product revision) can have multiple BOMs, one for each BOM type
- Maintains BOM components with effective and discontinue dates
- BOM components may be goods or value-added services
- Component quantities may have up to 9 decimal digits of precision
- Allows standard scrap factors to be maintained for BOM components
- User-defined configuration types and subtypes for configuration BOMs
- Allows Boolean rules to be specified for configuration BOM components
- Displays single- or multi-level BOMs by product
- Single- or multi-level BOM where-used display by product
Product Costing
- Maintains current standard, budgetary (frozen) standard and actual valuation types for products and services
- Allows rollover of current standard into budgetary (frozen) standard costs by authorized users, globally or by product
- Defines and captures any number of cost elements representing activity cost pools (for activity-based costing) or cost buckets for material, labor, overhead and yield losses
- Allows manual entry of unit costs by product or value-added service (or product revision), valuation type and cost element at current BOM level
- Provides multi-level rollup and reporting of prior level costs by product (or product revision), BOM type, valuation type and cost element for semi-finished and finished goods
- Maintains actual costs per product unit at the lot and/or serial number level, for lot-controlled and/or serial-controlled products
- Automatically determines actual issuance costs per product unit based on first-in-first-out (FIFO) allocation of inventory by lot and receipt date
- Purchase price variance (PPV) report showing actual cost variances from budgetary (frozen) standard
- Actual material yield loss report including variance from budgetary (frozen) standard
- Automatically calculates actual yield per unit of semi-finished or finished product at receiving time using the actual quantities received and consumed
- Gross margin report showing sales price, cost of goods sole at budgetary (frozen) standard and resulting gross margin
- Cost revaluation report which multiplies the current month-end inventory quantity for each product by the difference between budgetary (frozen) and current standard cost
- Month-end costed on-hand inventory report at frozen (budgetary) or current standard cost
- Costed inventory activity report by location at frozen (budgetary) standard cost
- Costed slow-moving inventory report at frozen (budgetary) standard cost, based on products exceeding maximum acceptable turnover days
Units of measure
- Supports unlimited units of measurement
- Supports categories of measurement such as weight, length and volume
- Maintains unit of measure conversions and converts units automatically
Multi-currency
- Supports all ISO 4217 currency codes
- Each client organization can operate in its own functional currency
- Multi-currency product prices
- Multi-currency feature prices
- Multi-currency discounts, allowances and surcharges
- Amounts in quote, purchase order, sales order or invoicing currency
- Automatic conversion to functional currency
- Currency-specific rounding rules