InventorySupply Chain What Are Lot Numbers and How to Use Them? Lot numbers are unique identifiers assigned to specific batches of products, allowing for traceability and quality control throughout the supply chain. Understanding lot numbers is essential for businesses to ensure product safety, regulatory compliance, efficient inventory management, and effective recall processes. By Madis Kuuse 11 min read
AccountingInventoryManufacturing Tips Inventory Valuation Methods – Finding the Right Approach for Small Manufacturers Inventory is an asset, but knowing its worth is not always as simple as multiplying the number of units in stock by their purchase price. Especially in manufacturing, where materials are bought at different prices and combined with labor and overhead. Proper inventory valuation addresses this. By Mattias Turovski 26 min read
InventoryProduction planningSupply Chain Demand Forecasting in Manufacturing – Process, Methods, and Tools for SMEs Demand forecasting done right makes the difference between reactive and structured decision-making. It gives purchasing, inventory management, and production planning teams more time to prepare and takes a lot of guesswork out of replenishment decisions. By Mattias Turovski 35 min read
InventoryProduction planning Serial Number Tracking in Manufacturing: A Practical Guide for SMEs Serial number tracking is usually described as a way to identify individual inventory items. But that considerably undersells it. The real payoff is a searchable history for one unit across purchasing, production, inventory, sales, and after-sales. This guide covers how to build one. By Steve Maurer, IME 18 min read
Choosing a SoftwareInventory Why Inventory Software Isn’t Enough for Manufacturers Inventory management software seems like the obvious solution for improving stock control and visibility. But in manufacturing, an accurate stock count doesn’t necessarily mean you can actually make and deliver an order on time. By Shane Dubbelman 12 min read
InventoryManufacturing TipsSupply Chain Batch Records in Manufacturing: What to Track and How ERP Helps A batch record is the documented history of one batch of goods. Most manufacturers run into the term through compliance and never move it out of that box. That’s a mistake. The record pays off whether or not an auditor ever comes asking. By Steve Maurer, IME 16 min read
Choosing a SoftwareInventory The Biggest Mistakes Manufacturers Make When Choosing Inventory Software Choosing inventory software sounds simple enough: find a system that handles inventory tracking, prevents shortages, and helps the team move away from spreadsheets. But for manufacturers, true inventory control is tied to almost every part of the business, from purchasing and production planning to costing and delivery dates. By Mattias Turovski 16 min read
Choosing a SoftwareERPInventory Inventory Software vs. ERP: Which Is Better for Manufacturers? At one point, every serious manufacturing business needs dedicated software to manage its operations. While inventory management is often the first pain point for manufacturers, narrow inventory management software might not be the best option for them. By Madis Kuuse 14 min read
Inventory 8 Signs Your Inventory System Is Holding Back Production Manufacturers often turn to software to resolve issues revolving around inaccurate inventory. But inventory management software is often just a band-aid that cannot fix broader manufacturing-related problems. By Madis Kuuse 11 min read