Manufacturing Tips The Ultimate Introduction to Manufacturing (2024) Manufacturing is the process of transforming raw materials into finished products through various physical, chemical, or mechanical means. Here is all you need to know as a newcomer to the industry. By Madis Kuuse 21 min read
InventoryManufacturing Tips ABC Analysis (80/20 Rule) in Inventory Management ABC analysis helps businesses get insight into their supply chain, reduce inventory, and improve inventory management efficiency. And properly applying it does not require a data analyst or a substantial amount of resources. By Madis Kuuse 15 min read
Manufacturing TipsProduction planning Quality Assurance in Manufacturing – QA Best Practices for SMEs Next to how much you produce, the quality of products is an equally important side of the coin in manufacturing. Quality assurance serves as the process of maintaining consistency, preventing defective products, and adhering to industry regulations in manufacturing goods. By Mattias Turovski 12 min read
AccountingProduction planning Applied Overhead and Actual Overhead – A Quick Guide for Manufacturers Any manufacturing operation will inevitably incur overhead expenses – indirect costs associated with production. Calculating and adding these costs precisely per produced item is pretty much impossible. This is where applied overhead comes in. Let’s take a closer look at what is applied overhead, how it differs from actual overhead, and why it matters. By Mattias Turovski 8 min read
Manufacturing TipsProduction planning What Is a Master Production Schedule (MPS)? With Examples The master production schedule (MPS) is a production planning tool that helps to figure out how much of a product needs to be manufactured at different periods. This simple schedule can be used as a basis for further planning and scheduling throughout the manufacturing business. By Madis Kuuse 17 min read
Production planning Just-in-Time Manufacturing (JIT): Definitions, Benefits, Tips Just-in-Time manufacturing helps businesses shorten lead times, minimize inventory, and address other hidden inefficiencies by aligning supplies directly with production schedules. By Madis Kuuse 15 min read
Production planning Discrete vs. Process Manufacturing – How Do They Differ? Discrete manufacturing implies producing distinct items that require assembly along a production line. Process manufacturing, on the other hand, produces goods by mixing or combining raw materials in a manufacturing process. In this article, we will explore key differences between the two manufacturing types and look at examples of each. By Mattias Turovski 8 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
Production planning What Are Contract Manufacturing and Toll Manufacturing? Contract manufacturing and toll manufacturing are the preferred ways of doing business for many companies, large and small. In this post, we take a look at what they are and how they differ. By Karl H Lauri 8 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
Case Studies Success Story: Brill Power Powers Up its Production Management with MRP Software UK battery management system manufacturer Brill Power gets a power boost in their manufacturing and inventory management by implementing an ERP/MRP system. “None of what we do at present would be possible without MRPeasy,” says Stuart Grondel, Strategy and Operations Manager. By Madis Kuuse 4 min read
NewsProduction planningSupply Chain A Day in the Life of a Manufacturing Elf Peasy the Elf is the Production Manager of Santa’s Workshop. Leaning on some software magic and his decades of experience in manufacturing, he makes sure the right presents reach the right people each holiday season. By Madis Kuuse 4 min read
