Manufacturing Tips: Boosting Efficiency and Productivity

Materials Management – Process, Examples, and Best Practices for SMEs

Keeping the right materials on hand without overstocking is a constant challenge for small manufacturers and distributors. Materials management coordinates the flow of materials, connecting purchasing, inventory, and production to keep operations supplied and costs under control.

By Mattias Turovski 25 min read

AccountingInventoryManufacturing Tips

How to Calculate Cost of Goods Manufactured (COGM)?

Cost of goods manufactured (COGM) tells you what it actually costs to produce the finished goods that come off your shop floor in a given period. It feeds your cost of goods sold (COGS), gross margin, and pricing decisions.

By Shane Dubbelman 17 min read

InventoryManufacturing TipsSupply Chain

Inventory Planning – A Quick Guide for Manufacturers and Distributors

Inventory planning is a decision-making process: what stock to carry, how much to keep on hand, and when to trigger a reorder. Get it right and you keep stock available without tying up working capital in inventory you don’t need. That’s important whether you make, assemble, or resell products.

By Steve Maurer, IME 18 min read

Manufacturing TipsSupply Chain

Batch Tracking – A Simple Guide

Batch tracking is a functionality that no batch production setup should go without. In this guide, we look at the fundamentals of batch tracking and see how MRP software can help achieve traceability.

By Mattias Turovski 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

Manufacturing Tips

12 Manufacturing KPIs With Formulas, Examples, and How to Choose

You can measure nearly anything in a manufacturing plant. That’s the problem. Dozens of KPIs to choose from, and a shop tracking all of them is really tracking none of them. What’s worth your attention depends on how you produce and where your output is actually getting stuck.

By Steve Maurer, IME 28 min read

Manufacturing TipsProduction planning

Bill of Materials (BOM) – A Complete Guide with Examples

Regardless of the size of the manufacturing operation, a bill of materials (BOM) is vital for production. Manufacturers utilize them as the guide and recipe for creating a final product, and as such, they are tied into production, quoting, purchasing, and many other areas of manufacturing.

By Madis Kuuse 19 min read

Manufacturing Tips

Manufacturing Safety – What it’s Really Worth for SMEs

Efficient operation management and traceability are central to maintaining and improving your company’s profitability. An effective manufacturing safety program is just as important. Here’s what I learned from 36 years in the manufacturing industry.

By Steve Maurer, IME 21 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

Manufacturing Tips

Materials Management – Process, Examples, and Best Practices for SMEs

How to Calculate Cost of Goods Manufactured (COGM)?

Inventory Planning – A Quick Guide for Manufacturers and Distributors

Batch Tracking – A Simple Guide

Inventory Valuation Methods – Finding the Right Approach for Small Manufacturers

12 Manufacturing KPIs With Formulas, Examples, and How to Choose

Bill of Materials (BOM) – A Complete Guide with Examples

Manufacturing Safety – What it’s Really Worth for SMEs

Batch Records in Manufacturing: What to Track and How ERP Helps

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Manufacturing Tips

Materials Management – Process, Examples, and Best Practices for SMEs

How to Calculate Cost of Goods Manufactured (COGM)?

Inventory Planning – A Quick Guide for Manufacturers and Distributors

Batch Tracking – A Simple Guide

Inventory Valuation Methods – Finding the Right Approach for Small Manufacturers

12 Manufacturing KPIs With Formulas, Examples, and How to Choose

Bill of Materials (BOM) – A Complete Guide with Examples

Manufacturing Safety – What it’s Really Worth for SMEs

Batch Records in Manufacturing: What to Track and How ERP Helps

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