Manufacturing Supply Chain Management: Best Practices

What is Reorder Point and Reorder Point Formula?

Keeping optimal stock levels in order to avoid stockouts is an integral task of inventory management. One of the most fundamental ways in which to ensure this is setting and maintaining the right reorder points.

By Mattias Turovski 12 min read

InventorySupply Chain

What is Consignment Inventory?

With eCommerce taking the world by storm and complex, continent-spanning supply chains the new normal in retail, selling goods on consignment is gaining popularity across diverse manufacturing sectors. In this post, we look at what is consignment inventory and weigh its pros and cons.

By Mattias Turovski 11 min read

NewsProduction planningSupply Chain

A Day in the Life of a Manufacturing Elf

Peasy the Elf is the Production Manager of Santa’s Workshop. Leaning on some software magic and his decades of experience in manufacturing, he makes sure the right presents reach the right people each holiday season.

By Madis Kuuse 4 min read

AccountingManufacturing TipsSalesSupply Chain

What Are Backorders? Meaning, Causes, and Tips

For manufacturers and distributors alike, backorders constitute a reliable means of keeping up sales even after goods have gone out of stock. In this article, we look at the meaning and causes of backorders and weigh their pros and cons.

By Mattias Turovski 11 min read

InventoryManufacturing TipsSupply Chain

Inventory Planning – A Quick Guide

Inventory represents the very foundation of any manufacturing or distribution operation. Keeping the raw materials, WIP, and finished goods inventories at optimal levels is crucial for short- and long-term business success.

By Mattias Turovski 10 min read

Manufacturing TipsSupply Chain

What Is Co-Packing or Contract Packing?

Co-packing means having a specialized packing company package your manufactured goods into their final selling form. Using a co-packer helps small manufacturers focus on their core competencies, save money on packaging equipment, labor, and logistics, and sell their products in higher-quality packaging.

By Madis Kuuse 6 min read

Manufacturing TipsSupply Chain

Procurement Planning – A Simple Guide

A thoroughly planned procurement process helps to ensure that a company’s purchases arrive in a timely manner and in the right quantities, from the best vendors and with good prices. A well thought out procurement plan helps businesses stay in control of the product manufacturing cycle and avoid last-minute surprises.

By Mattias Turovski 9 min read

Supply Chain

Distribution Management Basics for SMEs

Distribution management is an integral part of any well-functioning business that sells physical products. Although the actual shipping of goods takes a central role in the process, distribution management includes many other processes that support timely and cost-effective deliveries.

By Madis Kuuse 7 min read

InventoryManufacturing TipsSupply Chain

What Is Pipeline Inventory?

Pipeline inventory consists of goods that a company has ordered but which have not yet arrived in the facility. Managing this type of inventory can help schedule production or shipments in advance, reduce standing inventory levels, and avoid stock-outs.

By Mattias Turovski 8 min read