Inventory Management in Manufacturing: Tips and Techniques

Low Stock Alerts and other Manufacturing and Inventory Notifications

Even with an ERP/MRP system in place, it might be difficult to keep tabs on inventory requirements, production plans, and other important areas of the business. This is where low stock alerts and other manufacturing and inventory notifications come to your aid.

By Madis Kuuse 6 min read

InventoryManufacturing TipsSales

What Is SKU Rationalization?

Determining which products to continue selling and which ones to discontinue is a challenge most businesses need to face at some point. Because there are many aspects to consider before cutting your product catalog, the process of SKU rationalization is here to help you find a balance between too many and too few SKUs.

By Madis Kuuse 8 min read

InventoryManufacturing Tips

Lean Warehouse Management Guide for SMEs

Lean warehouse management is a methodology that takes the lean principles widely used in manufacturing environments and applies them to warehousing. Putting an emphasis on removing waste, lean warehouse management helps companies optimize and continuously improve their inventory processes.

By Karl Heinrich Lauri 8 min read

InventoryManufacturing Tips

What Is Cycle Inventory and How to Manage It?

Cycle inventory is the stock that is used to respond to regular sales and demand forecasts, as opposed to the safety stock used when there are fluctuations in demand or supply. Properly managing cycle stock is therefore a crucial part of any well-functioning business.

By Madis Kuuse 6 min read

InventoryManufacturing TipsSupply Chain

The Bullwhip Effect and How to Manage It

The bullwhip effect is a supply chain phenomenon related to sudden changes in demand signals, when a slight movement in demand can cause large swings throughout the supply chain. To avoid a destructive “whip crack” at the end, companies need to be prepared to mitigate the effect.

By Madis Kuuse 9 min read

InventoryManufacturing TipsSupply Chain

Inventory Tracking – An Essential Guide For SMEs

Inventory tracking means monitoring stock movements to increase visibility in the company’s supply chain. This added transparency helps businesses improve their ordering and overall inventory management practices, ensure traceability, and make sure that goods reach the production floor and the customer at the right time.

By Karl Heinrich Lauri 9 min read

InventoryManufacturing Tips

QR Codes vs. Barcodes in Inventory Tracking

The simple, one-dimensional barcode has proven a reliable tool in helping to organize inventories for decades. Thanks to key advantages, however, QR codes are becoming the new industry standard in inventory tracking.

By Madis Kuuse 7 min read

InventoryManufacturing Tips

Barcode Inventory System – Why and How to Implement Barcodes?

Implementing a barcode inventory system is one of the best ways of increasing the efficiency of your stock management process. Affordable and easy to implement, barcodes can dramatically save time, reduce worker overhead, and eliminate data-entry errors for both manufacturing and distribution businesses. In this post, we take a look at barcode systems and how […]

By Madis Kuuse 8 min read

ERPInventoryManufacturing TipsSupply Chain

Return Merchandise Authorization (RMA) – Managing Product Returns

Return Merchandise Authorization or RMA is a systemic approach to handling product returns. It allows for better tracking, makes the processes quicker, and could thereby improve customer satisfaction.

By Madis Kuuse 7 min read