Manufacturing Tips: Boosting Efficiency and Productivity

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

Manufacturing TipsSupply Chain

Vendor Management – An Essential Guide for SMEs

Vendor management is a set of tools that companies use to ensure profitable and efficient relationships with their suppliers. Coming a long way from traditional phone calls, faxes, and emails, today even small businesses have started to utilize software to manage their communication with vendors.

By Karl H Lauri 8 min read

InventoryManufacturing TipsSupply Chain

Inventory Tracking – An Essential Guide For SMEs

Inventory tracking means monitoring stock movements to increase visibility in the company’s supply chain. This added transparency helps businesses improve their ordering and overall inventory management practices, ensure traceability, and make sure that goods reach the production floor and the customer at the right time.

By Karl H Lauri 9 min read

InventoryManufacturing Tips

What Is Dead Stock and How to Avoid It?

Dead stock consists of inventory items that your business cannot use according to their original purpose. There are many different types of dead stock and various ways to either eliminate it or avoid it in the first place.

By Madis Kuuse 10 min read

Choosing a SoftwareManufacturing Tips

Easy Manufacturing & Inventory with MRPeasy

Tim Grant, ERP consultant at Business Solution Providers Inc., writes about why his experience helping small to mid-sized manufacturers choose and implement software has made him prefer “a true manufacturing program like MRPeasy”.

By Karl H Lauri 7 min read

Manufacturing TipsSupply Chain

How to Manage Supply Chain Disruptions?

The world has experienced historic supply chain disruptions during the last years. From trade wars and COVID-19 to semiconductor shortages and the Suez canal blockage – there are few industries that have not been affected. The lesson learned is to be better prepared and to remain flexible.

By Karl H Lauri 9 min read

Choosing a SoftwareImplementationManufacturing Tips

What Is the ROI of an MRP System and How to Calculate It?

Many small manufacturers think implementing MRP software would be too expensive for them. To put their minds at ease, we have compiled a small guide to calculating the Return on Investment of an MRP system.

By Karl H Lauri 11 min read