I don't think SWM does, or at least anywhere the extent F360 does. Which is a known drawback to CNC guys. But I think the devil is in the details & admittedly outside my wheelhouse. If it can export to a file format which can be read by a separate (non-SW) G-Code generator app to feed your CNC, then you could say its 'stepping in the direction' of CAM? But maybe that is not the preferred mode. I know that plug-in CAM modules are big boy expense on SW regular. I'll have to dig into this some more because I think regular SW has some capability in this regard (but likely turned off in SWM).I buy fusion annually ($700ish) and it goes up every year. It’s the cheapest CAM solution I’m aware of. The free version does do cam with some restrictions. No rapid moves and no tool changer support. That separates the hobbyist from the professional. I’m a hobbyist playing in pro space. So does SWmaker have CAM?
I think most people who use F360 CAM rely (or prefer?) its integrated CAM module, but I thought I've also heard of others who use other CAM apps for whatever reason & therefore only using F360 for it for CAD? Sorry, wish I could be more useful. I'm sure someone on forum knows the ins & outs of this. I'm not into CNC at this point.