Inventory Planning – A Quick Guide

Inventory represents the very foundation of any manufacturing or distribution operation. Keeping the raw materials, WIP, and finished goods inventories at optimal levels is crucial for short- and long-term business success.

Read more

QuickBooks in Manufacturing – How to Make It Work

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 work in a manufacturing company.

Read more

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.

Read more

Manufacturing Accounting – A Simple Guide

Manufacturing accounting is an internal business management process that helps managers keep an eye on the fiscal performance of a manufacturing operation. This post looks at the basic processes that inform manufacturing accounting and defines its most relevant terms.

Read more

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.

Read more