AccountingERPManufacturing Tips Product Costing in 7 Easy Steps Product costing is a necessity not only for accountants but also for managers. Understanding the costs related to manufacturing your products gives you the chance to determine optimal selling prices and take steps toward cost reduction. Here is a simple guide to performing product costing. By Madis Kuuse 8 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
Case Studies Success Story: B&A Quilting Reinvigorates Business with MRPeasy Mattress maker B&A Quilting successfully adopted MRPeasy as their first manufacturing software after a fire ravaged the firm’s premises and presented an opportunity for a fresh start. The company uses MRPeasy for procurement, stock management, and quoting, with Production Director Javed Bashir describing the software as an invaluable help in growing the business. By Karl Heinrich Lauri 5 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
Supply Chain Incoterms – A Simple Guide Incoterms or International Commercial Terms are used to facilitate and standardize trade processes, especially logistics and shipping. As of today, there are 11 different Incoterms that all allocate different responsibilities to both parties of a transaction. By Madis Kuuse 9 min read
InventoryManufacturing Tips Inventory Optimization Methods and Techniques Inventory optimization is the act of balancing inventory costs, service levels, and the complexity of inventory management. While there is no single magical solution for keeping your stock optimized, different methods and techniques are brought together in ERP/MRP systems. By Madis Kuuse 7 min read
Choosing a SoftwareInventoryManufacturing Tips WooCommerce Inventory Management Basics for SMEs While e-commerce is growing at a break-neck pace, companies are looking for better inventory management solutions than what e-commerce platforms are offering in their basic packages. WooCommerce is one platform that is continuously expanding its selection of third-party extensions. By Madis Kuuse 8 min read
Choosing a SoftwareInventoryManufacturing TipsNews QuickBooks Commerce (TradeGecko) Sunset and What You Can Do Intuit has announced that they will be retiring their inventory management system QuickBooks Commerce (previously known as TradeGecko) in June 2022. Here is what will happen and what the options are for their current user base. By Madis Kuuse 5 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
Choosing a SoftwareManufacturing Tips What Is Lot Tracking and How to Use It? Lot tracking, also known as batch tracking, is an important process for ensuring quality, most commonly for traceability and recall purposes. It is a crucial part of doing business in highly regulated industries, but it has its advantages regardless of the product. By Madis Kuuse 8 min read
Manufacturing TipsSupply Chain Vendor Management – An Essential Guide for SMEs Vendor management is a set of tools that companies use to ensure profitable and efficient relationships with their suppliers. Coming a long way from traditional phone calls, faxes, and emails, today even small businesses have started to utilize software to manage their communication with vendors. By Karl Heinrich Lauri 8 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 Heinrich Lauri 7 min read
