InventoryManufacturing TipsSupply Chain Materials Management – Definition, Benefits, Best Practices Implementing proper materials management practices allows businesses to make sure the correct materials with the best price and quality reach the shop floor at the right time and in the correct quantity. Follow these best practices to get more control over this essential segment of the supply chain. By Madis Kuuse 12 min read
InventoryManufacturing TipsSupply Chain What is Traceability and How to Achieve It? Traceability is the ability to track a product or item throughout its entire supply chain, from its origin to the end consumer. Traceability enhances product safety and consumer trust by enabling companies to identify contamination or defect sources, perform targeted interventions and efficient product recalls, and increase transparency regarding the origins and handling of products. By Madis Kuuse 12 min read
ERPManufacturing Tips Paperless Manufacturing – How to Build a Paperless Factory? Paperless manufacturing means managing, coordinating, and reporting production activities purely with digital solutions. A paperless factory typically sees benefits such as the elimination of non-value-added tasks, better traceability, optimized production scheduling, shorter lead times, etc. By Madis Kuuse 9 min read
Manufacturing TipsProduction planningSales Mass Customization – A Viable Option for Small Manufacturers Mass customization is a mixed manufacturing mode with characteristics from both mass production and make-to-order production modes. Modern software solutions such as product configurators make mass customization available even to small manufacturers. By Madis Kuuse 9 min read
Manufacturing TipsProduction planning What Is Cellular Manufacturing? Cellular manufacturing is a production organization method that consists of arranging the shop floor in a way that would accommodate the greatest efficiency. Here are its basic premises, benefits, and disadvantages. By Madis Kuuse 14 min read
Choosing a SoftwareImplementationManufacturing Tips Advantages and Disadvantages of Using an MRP System Even though MRP systems are quickly becoming the norm even among SMEs, manufacturers need to be aware of their advantages and disadvantages before deciding to implement new software. Apart from the general benefits and downsides that can be applied to most MRP systems, there are also aspects that can drastically vary from provider to provider. By Madis Kuuse 12 min read
Manufacturing Tips Batch Production – Benefits, Examples, and Tips Batch production is a manufacturing process in which a group or “batch” of identical products go through production steps together. This reduces cycle times per product and enables goods to be manufactured flexibly in large quantities. By Madis Kuuse 12 min read
Manufacturing Tips Manufacturing Analytics – A Simple Guide for SMEs Manufacturing analytics is the process of collecting and analyzing data to get insights for improving efficiency in a manufacturing organization. While MA used to be the playing field of only large enterprises, nowadays even the smallest manufacturer can benefit from it. By Madis Kuuse 12 min read
AccountingInventoryManufacturing Tips How to Calculate the Cost of Goods Manufactured (COGM)? Knowing the cost of goods manufactured is vital for a good overview of production costs and how they relate to the bottom line. COGM also allows management to identify cash drains, adjust prices, and track the development of the business. You can also listen to this article: By Mattias Turovski 11 min read