Choosing a SoftwareManufacturing TipsProduction planning Production Planning with Excel – Opportunities and Limitations Excel and other spreadsheet applications have been used in production planning for decades. Even though they are a viable first-step solution for micro-companies, a growing business should already look for something more scalable. By Madis Kuuse 9 min read
Manufacturing TipsProduction planning Production Optimization – A Simple Guide for SMEs The realm of production optimization is as diverse as there are different manufacturing workflows. Optimizations can range from changing inventory and warehouse layouts to adopting machine learning and advanced AI. In this post, we look at the basics of production optimization with a focus on how small manufacturers can optimize their processes. By Mattias Turovski 10 min read
AccountingManufacturing TipsProduction planning Total Manufacturing Cost – What is it and How to Calculate it? Total manufacturing cost is an essential metric for understanding the profitability of a business. It can be used to adjust the selling price of your products, identify and cut expenses, and calculate other key metrics like the Cost of Goods Manufactured. In this post, we explore total manufacturing cost and its utility to manufacturers. By Madis Kuuse 10 min read
Manufacturing Tips 6 Brutal Questions That Leave Small Manufacturers Exhausted The manufacturing sector is going through a deeply challenging period. Here are six questions arising in the day-to-day operations of modern small manufacturers that leave managers exhausted. By Mattias Turovski 4 min read
AccountingChoosing a SoftwareManufacturing Tips How to Use QuickBooks in Manufacturing? QuickBooks is one of the most popular accounting systems among growing businesses today. But when it comes to production management, the software needs a substantial amount of extra power. Here is how to make QuickBooks Online work in a manufacturing company. By Madis Kuuse 7 min read
AccountingInventoryManufacturing Tips Work in Process Inventory – What Is WIP and How To Calculate it? We have all seen manufacturing depicted in cartoons. Basic resources are rolled into a factory, followed by loud noises and a smoking chimney. Then, shiny finished products emerge on the other side. In reality, manufacturing is a bit more complex. On their journey toward becoming final products, raw materials go through work in process inventory. […] By Mattias Turovski 12 min read
Manufacturing Tips How to Eliminate Bottlenecks in Manufacturing? Manufacturing bottlenecks are points in the production process that are constrained by inefficiency. Finding and eliminating bottlenecks allows you to use more of your production capacity, minimize WIP inventory, reduce lead times, improve quality, and increase the overall efficiency of your manufacturing business. By Madis Kuuse 16 min read
Manufacturing TipsProduction planning What Is Production Capacity and How to Calculate It? Production capacity is an essential metric for any manufacturer planning their production. Knowing it helps to provide customers with more accurate lead times and can be a great aid in forecasting cash flow. In this post, we look at what production capacity is and explore different ways how to calculate it. By Mattias Turovski 11 min read
Manufacturing Tips The 8 Wastes of Lean Manufacturing The lean manufacturing methodology chiefly revolves around minimizing production times and raising efficiency by eliminating waste. In this post, we go through the 8 principal wastes in lean manufacturing and see how manufacturing software can help to address them. By Mattias Turovski 9 min read