Inventory What Is Safety Stock and How to Calculate It? Safety stock is the buffer inventory that helps companies keep serving their customers when disruptions occur. Striking a balance between stockouts and overstocking needs to rely on reliable data and mathematical equations, however. By Madis Kuuse 13 min read
InventoryManufacturing TipsSupply Chain Purchase Order Management – Achieving Consistent Deliveries For any manufacturing company that relies on components and raw materials from suppliers, purchase order management constitutes an important set of practices that can significantly simplify the procurement process. In this article, we look at how to achieve consistent success with your procurements using the best purchase order management practices and solutions. By Mattias Turovski 9 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
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 Procurement Management – A Quick Guide for Small Manufacturers Procurement management is more than making phone calls and arranging the purchase of materials. It is a vital part of any manufacturing company and having a strategic approach to it could bring about immense benefits. By Madis Kuuse 11 min read
