Even with an ERP/MRP system in place, it might be difficult to keep tabs on inventory requirements, production plans, and other important areas of the business. This is where low stock alerts and other manufacturing and inventory notifications come to your aid.
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Recent years have seen unprecedented disruption in the global economy. Large-scale events such as trade wars, tariffs, COVID-19, and port throughput issues have created massive pressure on the company’s supply chains.
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Just-in-Time manufacturing is a business methodology that is targeted towards minimizing lead times, inventory, and the costs associated with the production and storage of goods. JIT also helps companies uncover inefficiencies that are being masked with excess inventory.
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Christmas has always been Santa’s favorite time of the year. But until a couple of years ago, making sure that everyone in the world was blessed with holiday cheer was also very stressful. He has, however, been trying to reduce his holiday stress levels and a little bit of software magic goes a long way […]
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Past 90 Days Sees the Largest Streak in Manufacturing Technology Orders in More Than 23 Years; UK Manufacturing Production Meets Estimates With 0% in October; Australia PMI Manufacturing Dropped to 57.4, PMI Services Dropped to 55.1.
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Determining which products to continue selling and which ones to discontinue is a challenge most businesses need to face at some point. Because there are many aspects to consider before cutting your product catalog, the process of SKU rationalization is here to help you find a balance between too many and too few SKUs.
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Key indicators hint the supply-chain crisis is over and inflation will cool off soon; UK manufacturing SMEs call on government for better funding access; CBI cuts UK economic growth forecasts on supply chain hit; German exports shoot up 4.1% in October.
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Manufacturing is a diverse world with countless product types and levels of complexity. Many products are made simply in a commodified environment where OEM equipment has reached such productivity levels that output is measured in kilograms, linear meters, or some other volumetric measure rather than units.
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US manufacturing and construction point to 6%+ GDP growth; British manufacturing growth speeds up for second month in a row despite supply chain squeeze, data shows; Supply bottlenecks weigh on German factory activity in November -PMI; Australian Manufacturing Sector Shrugs Off Delta Blues.
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The goal of every manufacturing business is to be as efficient as possible. But without being able to accurately gauge your efficiency, it is hard to know where you stand and what goals to set. Here is where manufacturing KPIs come into play.
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U.S. economy regaining speed as unemployment claims fall; manufacturing surges; How the global chip shortage is boosting US manufacturing; U.K. manufacturing orders and output price expectations reach highest levels since at least 1977; German business activity picks up in November, as price pressures hit record high -PMI.
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Lean warehouse management is a methodology that takes the lean principles widely used in manufacturing environments and applies them to warehousing. Putting an emphasis on removing waste, lean warehouse management helps companies optimize and continuously improve their inventory processes.
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