Manufacturing TipsProduction planning What is a Multi-Level BOM (Indented BOM)? A multi-level BOM is a bill of materials that represents the composition of various subassemblies in addition to the final product. This type of BOM becomes indispensable when a certain level of product complexity is reached but there are also situations where the use of a multi-level BOM is unwarranted. By Madis Kuuse 7 min read
InventoryProduction planning Serial Number Tracking in Manufacturing Knowing the location and details of materials, components, and products as they move through inventory and the shop floor is important for any manufacturing company. Serial number tracking is one of the essential tools for ensuring traceability in manufacturing. By Mattias Turovski 7 min read
Manufacturing TipsProduction planning Make-to-Stock Manufacturing Workflow and Best Practices Make-to-stock (MTS) is a manufacturing workflow that uses the push system. This means that goods are produced to stock by “pushing” them through the supply chain according to anticipated demand. In this post, we will look at the pros and cons as well as best practices for utilizing MTS. By Mattias Turovski 8 min read
Manufacturing TipsProduction planning Make to Order and Assemble to Order Manufacturing Workflows Make-to-order (MTO) and assemble-to-order (ATO) are manufacturing workflows that use the pull system, meaning that production starts when an order comes in. As such, they are mostly used by companies that manufacture customizable products. In this post, we go over their differences, pros and cons, and production management considerations. By Mattias Turovski 7 min read
Production planning Capacity Utilization – A Simple Guide Capacity utilization is an important KPI for manufacturing companies. It represents the percentage of production capacity (or productivity) that a factory, enterprise, or economy is operating at compared to its maximum potential capacity. By Mattias Turovski 5 min read
Production planningSupply Chain Push System vs. Pull System in Manufacturing Management Push and pull systems are supply chain management strategies that are used depending on the uncertainty of the demand for a product. While push and pull are very different approaches, many companies also adopt a hybrid push-pull strategy. By Madis Kuuse 8 min read
AccountingManufacturing TipsProduction planning Capacity Planning – An Essential Guide for Manufacturers Capacity planning is a strategic process aimed at determining the production capacity required to meet forecasted demand. It is a prerequisite for efficient production scheduling, supply chain planning, and inventory management. By Karl H Lauri 16 min read
Production planning Types of Manufacturing Processes – A Comprehensive Guide Manufacturing processes can be categorized and subcategorized in many different ways. Here is a comprehensive guide into the various definitions, from processes grouped according to the scale of production up until those classified by their level of automation. By Karl H Lauri 11 min read
InventoryProduction planningSupply Chain What Is Demand Forecasting and What Can MRP Software Do With It? Demand forecasting could be the key to a business’s future. But how does it work and how could it be leveraged in a way that would be most beneficial? By Karl H Lauri 7 min read