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
InventorySales Inventory Turnover Ratio – Formula, Examples, and Tips The inventory turnover ratio is a good indicator of your sales and inventory management performance. Find a balance between sales and stock by using these formulas and tips. By Madis Kuuse 12 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