AccountingInventory Periodic Inventory System vs. Perpetual Inventory System Managing inventory well is essential for maintaining accuracy and efficiency in your operations. In this guide, we explain periodic and perpetual inventory systems and help you decide which system best suits your business needs. By Mattias Turovski 11 min read
Manufacturing TipsProduction planning Forward Scheduling vs. Backward Scheduling in Production Planning Do you need your products ready as soon as possible or just in time for the promised delivery date? Forward and backward scheduling are key concepts in production planning that allow production to be set up according to this fundamental question. By Mattias Turovski 12 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 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 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 H Lauri 6 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
ERPManufacturing TipsSales Order Management With Manufacturing Software When a manufacturing company reaches a certain point, order management becomes too complex to be done manually. This is again where digital solutions come to the aid of the manufacturer. By Karl H Lauri 9 min read
Case StudiesChoosing a SoftwareERPImplementation Case Study: How Exacta Technologies Improved Productivity With MRPeasy While moving facilities and trying to orient in the pandemic, UK hi-tech server manufacturer Exacta Technologies found resources to implement a new ERP system, all on their own. By Madis Kuuse 7 min read
Choosing a SoftwareManufacturing Tips Advanced Manufacturing – Solutions That Are Transforming the Industry Advanced manufacturing is on its way to transform the industry. And there are solutions in place already that could help even small manufacturers keep up in the rapidly changing business environments. By Madis Kuuse 8 min read
InventoryManufacturing TipsProduction planning What is a Warehouse Management System? As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help. By Karl H Lauri 8 min read
InventoryManufacturing Tips Inventory Adjustments Within a Manufacturing ERP By implementing common sense and best practices for inventory adjustments, a company can realize inventory accuracy that keeps processes on track. By Karl H Lauri 8 min read
Choosing a Software Cloud-based ERP vs. On-Premise ERP for Small Manufacturing Business When a small manufacturer faces the decision to purchase an ERP, the decision inevitably comes down to one of two options: on-premise vs cloud-based ERP. By Karl H Lauri 6 min read
