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 H Lauri 9 min read
AccountingERPManufacturing Tips What Is Job Costing and How to Do It? Job costing means tracking the costs related to individual orders. This allows accounting to measure the profitability of each project separately and to use it as a basis for customer quotes and financial planning. By Madis Kuuse 9 min read
InventoryManufacturing Tips What Is Dead Stock and How to Avoid It? Dead stock consists of inventory items that your business cannot use according to their original purpose. There are many different types of dead stock and various ways to either eliminate it or avoid it in the first place. By Madis Kuuse 10 min read
Choosing a SoftwareManufacturing Tips Easy Manufacturing & Inventory with MRPeasy Tim Grant, ERP consultant at Business Solution Providers Inc., writes about why his experience helping small to mid-sized manufacturers choose and implement software has made him prefer “a true manufacturing program like MRPeasy”. By Karl H Lauri 7 min read
Manufacturing TipsSupply Chain How to Manage Supply Chain Disruptions? The world has experienced historic supply chain disruptions during the last years. From trade wars and COVID-19 to semiconductor shortages and the Suez canal blockage – there are few industries that have not been affected. The lesson learned is to be better prepared and to remain flexible. By Karl H Lauri 9 min read
Choosing a SoftwareImplementationManufacturing Tips What Is the ROI of an MRP System and How to Calculate It? Many small manufacturers think implementing MRP software would be too expensive for them. To put their minds at ease, we have compiled a small guide to calculating the Return on Investment of an MRP system. By Karl H Lauri 11 min read
AccountingManufacturing TipsProduction planning Capacity Planning – An Essential Guide for Manufacturers Capacity planning is a strategic process aimed at determining the production capacity required to meet forecasted demand. It is a prerequisite for efficient production scheduling, supply chain planning, and inventory management. By Karl H Lauri 17 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
ERPManufacturing TipsSales Order Management With Manufacturing Software When a manufacturing company reaches a certain point, order management becomes too complex to be done manually. This is again where digital solutions come to the aid of the manufacturer. By Karl H Lauri 9 min read