Inventory Management in Manufacturing: Tips and Techniques

What Is Decoupling Inventory?

Decoupling inventory is the strategic buffer stock of subassemblies and WIP that could be used when suppliers are unavailable, when there are internal disruptions like machinery breakdown, or when demand is greater than expected. It allows companies to prevent all-around stoppages and mitigate the bullwhip effect.

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 TipsSupply Chain

How to Keep Perfect Batch Records?

Batch records are documents that detail the journey of raw materials becoming batches of finished goods. Even though the term is mostly associated with process manufacturing, especially the pharma industry, every company that manufactures its products in batches or series can benefit from keeping batch records. Here is how to do it.

By Madis Kuuse 7 min read

ERPInventoryManufacturing Tips

Low Stock Alerts and other Manufacturing and Inventory Notifications

Even with an ERP/MRP system in place, it might be difficult to keep tabs on inventory requirements, production plans, and other important areas of the business. This is where low stock alerts and other manufacturing and inventory notifications come to your aid.

By Madis Kuuse 6 min read

InventoryManufacturing TipsSales

What Is SKU Rationalization?

Determining which products to continue selling and which ones to discontinue is a challenge most businesses need to face at some point. Because there are many aspects to consider before cutting your product catalog, the process of SKU rationalization is here to help you find a balance between too many and too few SKUs.

By Madis Kuuse 8 min read

InventoryManufacturing Tips

Lean Warehouse Management Guide for SMEs

Lean warehouse management is a methodology that takes the lean principles widely used in manufacturing environments and applies them to warehousing. Putting an emphasis on removing waste, lean warehouse management helps companies optimize and continuously improve their inventory processes.

By Karl Heinrich Lauri 8 min read

InventoryManufacturing Tips

Stocktake – A Practical Guide to Inventory Counts

A stocktake is the act of counting and recording the quantities of goods in stock to compare the results with available inventory data and find discrepancies. It is a crucial part of any business that holds inventory and that is why the process of performing a stocktake needs to be rigorously organized.

By Madis Kuuse 10 min read

AccountingInventoryManufacturing Tips

Inventory Costs – A Quick Overview

Inventory costs make up a substantial part of any manufacturing or distributing company’s total expenses. To ensure the good financial health of your business, it is necessary to know how to make sense of these expenses and how to balance them.

By Madis Kuuse 9 min read

Inventory

What Is Decoupling Inventory?

WooCommerce Inventory Management Basics for SMEs

QuickBooks Commerce (TradeGecko) Sunset and What You Can Do

How to Keep Perfect Batch Records?

Low Stock Alerts and other Manufacturing and Inventory Notifications

What Is SKU Rationalization?

Lean Warehouse Management Guide for SMEs

Stocktake – A Practical Guide to Inventory Counts

Inventory Costs – A Quick Overview

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Inventory

What Is Decoupling Inventory?

WooCommerce Inventory Management Basics for SMEs

QuickBooks Commerce (TradeGecko) Sunset and What You Can Do

How to Keep Perfect Batch Records?

Low Stock Alerts and other Manufacturing and Inventory Notifications

What Is SKU Rationalization?

Lean Warehouse Management Guide for SMEs

Stocktake – A Practical Guide to Inventory Counts

Inventory Costs – A Quick Overview

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