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
InventoryManufacturing TipsSupply Chain Decoupling Inventory: Protecting Orders With Strategic Supplies Every manufacturer knows how quickly things can go sideways. A delayed shipment here, equipment trouble there, and suddenly your whole operation falls behind. Decoupling inventory takes a different approach. By placing buffer stock at key production points, manufacturers can absorb these shocks without losing their delivery commitments to meet demand. By Steve Maurer, IME 15 min read
AccountingInventoryManufacturing Tips How to Calculate the Cost of Goods Manufactured (COGM)? Knowing the cost of goods manufactured is vital for a good overview of production costs and how they relate to the bottom line. COGM also allows management to identify cash drains, adjust prices, and track the development of the business. You can also listen to this article: By Mattias Turovski 11 min read
Manufacturing Tips Key Manufacturing Business Metrics We have updated this article, you can find it here – Top Manufacturing KPIs. Key Performance Indicator or KPI is a quantifiable measure used to evaluate the success of an organization. Here are key manufacturing KPIs to track. By Karl Heinrich Lauri 7 min read
