Manufacturing Tips: Boosting Efficiency and Productivity

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

Manufacturing Tips

What Is Agile Manufacturing?

Agile manufacturing is an approach to manufacturing that aims to increase product quality and service while reducing cost by implementing feedback-based design, planning, and production practices. Digital technology is at the heart of this modern manufacturing methodology.

By Karl Heinrich Lauri 6 min read

InventoryManufacturing Tips

What Is Cycle Inventory and How to Manage It?

Cycle inventory is the stock that is used to respond to regular sales and demand forecasts, as opposed to the safety stock used when there are fluctuations in demand or supply. Properly managing cycle stock is therefore a crucial part of any well-functioning business.

By Madis Kuuse 6 min read

InventoryManufacturing TipsSupply Chain

The Bullwhip Effect and How to Manage It

The bullwhip effect is a supply chain phenomenon related to sudden changes in demand signals, when a slight movement in demand can cause large swings throughout the supply chain. To avoid a destructive “whip crack” at the end, companies need to be prepared to mitigate the effect.

By Madis Kuuse 9 min read

Choosing a SoftwareManufacturing Tips

What Is Lot Tracking and How to Use It?

Lot tracking, also known as batch tracking, is an important process for ensuring quality, most commonly for traceability and recall purposes. It is a crucial part of doing business in highly regulated industries, but it has its advantages regardless of the product.

By Madis Kuuse 8 min read