Manufacturing TipsProduction planning What is a Multi-Level BOM (Indented BOM)? A multi-level BOM is a bill of materials that represents the composition of various subassemblies in addition to the final product. This type of BOM becomes indispensable when a certain level of product complexity is reached but there are also situations where the use of a multi-level BOM is unwarranted. By Madis Kuuse 7 min read
Manufacturing Tips Root Cause Analysis in Manufacturing – A Simple Guide Root cause analysis is a process used to find the underlying causes of problems in manufacturing. By identifying the root cause of a problem, you can fix that problem once and for all—without having to deal with recurring issues or high costs again down the line. By Madis Kuuse 7 min read
AccountingManufacturing TipsSales Job Order Costing in 6 Easy Steps Job order costing allows companies to allocate manufacturing costs to specific jobs, thereby helping them to give more accurate quotes, measure production efficiency, determine the profitability of specific jobs, and draw better budgets. By Madis Kuuse 10 min read
Manufacturing TipsSupply Chain What Is Co-Packing or Contract Packing? Co-packing means having a specialized packing company package your manufactured goods into their final selling form. Using a co-packer helps small manufacturers focus on their core competencies, save money on packaging equipment, labor, and logistics, and sell their products in higher-quality packaging. By Madis Kuuse 6 min read
Case Studies Success Story: Eco Bubble Toy Maker’s Business Soaring with MRPeasy On a quest to raise the efficiency of a growing manufacturing operation, innovative eco bubble toy company Dr Zigs has found an invaluable asset in MRPeasy. “MRPeasy has increased our efficiency fantastically. We could not imagine working without the program,” business owner Paola Dyboski states. By Mattias Turovski 6 min read
Manufacturing TipsSupply Chain Procurement Planning – A Simple Guide A thoroughly planned procurement process helps to ensure that a company’s purchases arrive in a timely manner and in the right quantities, from the best vendors and with good prices. A well thought out procurement plan helps businesses stay in control of the product manufacturing cycle and avoid last-minute surprises. By Mattias Turovski 9 min read
AccountingERPManufacturing Tips Product Costing in 7 Easy Steps Product costing is a necessity not only for accountants but also for managers. Understanding the costs related to manufacturing your products gives you the chance to determine optimal selling prices and take steps toward cost reduction. Here is a simple guide to performing product costing. By Madis Kuuse 8 min read
InventoryManufacturing TipsSupply Chain What Is Pipeline Inventory? Pipeline inventory consists of goods that a company has ordered but which have not yet arrived in the facility. Managing this type of inventory can help schedule production or shipments in advance, reduce standing inventory levels, and avoid stock-outs. By Mattias Turovski 8 min read
Production planningSupply Chain Push System vs. Pull System in Manufacturing Management Push and pull systems are supply chain management strategies that are used depending on the uncertainty of the demand for a product. While push and pull are very different approaches, many companies also adopt a hybrid push-pull strategy. By Madis Kuuse 8 min read
AccountingERPManufacturing Tips What Is Job Costing and How to Do It? Job costing means tracking the costs related to individual orders. This allows accounting to measure the profitability of each project separately and to use it as a basis for customer quotes and financial planning. By Madis Kuuse 9 min read
ERPImplementationManufacturing Tips Change Management in Manufacturing: Implementing an ERP system An ERP project is a project of change. For it to be effective, however, organizational change must be expertly managed and communicated. By Madis Kuuse 6 min read
Case StudiesImplementation Fluidic Component Manufacturer Connetika Uses MRPeasy to Be Flexible Amid Uncertainty During the turbulent year of 2020, UK fluidic component manufacturer Connetika pulled off a business pivot and the solo implementation of a new manufacturing ERP system. By Madis Kuuse 7 min read