Inventory

With the right tactics, inventory management can help reduce waste and greatly improve the overall efficiency of your operation. In this week’s post, we look at 12 tips to improve your inventory management efficiency.

MRO (Maintenance, Repair, and Operations) inventory is comprised of items that support the manufacturing process but are not directly tracked as part of any bill of materials. Nevertheless, MRO inventory should be managed diligently in order to avoid work stoppages and late deliveries.

If you’re looking for a way to reduce inventory costs while streamlining your operations, you need to know just-in-time inventory. In this post, we’ll explain what JIT is, how it works, how it compares to traditional inventory methods, and how you can successfully implement it in your business. 

Managing finished goods inventory is a critical process for any manufacturing business. It involves tracking and storing products that are ready for sale with the goal of meeting customer demand without holding too much stock.

Effective inventory counting is an essential practice for any business, but traditional methods can be disruptive. Inventory cycle counting offers a more flexible approach that keeps your operations running smoothly without needing a full-scale shutdown. Let’s look at what cycle counting is and why it’s important.