AccountingManufacturing Tips What Is the Cost of Quality and How to Calculate It? The cost of quality quantifies the total cost of quality-related efforts and issues. While an effective measure to identify cash drains, it can also be used to balance the price and quality relationship of your products. By Madis Kuuse 9 min read
InventoryManufacturing TipsSupply Chain Materials Management – Definition, Benefits, Best Practices Implementing proper materials management practices allows businesses to make sure the correct materials with the best price and quality reach the shop floor at the right time and in the correct quantity. Follow these best practices to get more control over this essential segment of the supply chain. By Madis Kuuse 12 min read
InventoryManufacturing TipsSupply Chain What is Traceability and How to Achieve It? Traceability is the ability to track a product or item throughout its entire supply chain, from its origin to the end consumer. Traceability enhances product safety and consumer trust by enabling companies to identify contamination or defect sources, perform targeted interventions and efficient product recalls, and increase transparency regarding the origins and handling of products. By Madis Kuuse 12 min read
Manufacturing Tips Root Cause Analysis in Manufacturing – A Simple Guide Root cause analysis is a process used to find the underlying causes of problems in manufacturing. By identifying the root cause of a problem, you can fix that problem once and for all—without having to deal with recurring issues or high costs again down the line. By Madis Kuuse 7 min read
Manufacturing Tips Quality Control in Manufacturing – An Introduction Quality control is the process of fulfilling and checking the conformance to quality standards. There are many different approaches to quality control, but an important part of every one of these is regular inspection of the goods. Besides dedicated QMS software, some ERP/MRP systems offer the required functionality to small businesses. By Madis Kuuse 7 min read
Manufacturing Tips Statistical Process Control – A Manufacturer’s Guide Statistical Process Control can be an invaluable method for preemptively discovering and finding solutions for production issues, ensuring product conformance, enhancing productivity, and reducing waste. You can also listen to this article: By Karl H Lauri 15 min read