Production Planning Strategies for the Manufacturing Industry

Choosing a SoftwareManufacturing TipsProduction planning

Production Planning with Excel – Opportunities and Limitations

Excel and other spreadsheet applications have been used in production planning for decades. Even though they are a viable first-step solution for micro-companies, a growing business should already look for something more scalable.

By Madis Kuuse 9 min read

Manufacturing TipsProduction planning

Production Optimization – A Simple Guide for SMEs

The realm of production optimization is as diverse as there are different manufacturing workflows. Optimizations can range from changing inventory and warehouse layouts to adopting machine learning and advanced AI. In this post, we look at the basics of production optimization with a focus on how small manufacturers can optimize their processes.

By Mattias Turovski 10 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

InventoryProduction planningSales

How to Manage Product Variants in Manufacturing?

Product variants are versions of products with variations in attributes such as color, size, material, features, pricing, etc. Even though selling a product with variants is quite clear-cut, managing their production can be a real headache. You can also listen to this article: What are Product Variants? Product variants are different versions or variations of […]

By Madis Kuuse 9 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

Production planningSupply Chain

What is Reorder Point and Reorder Point Formula?

Keeping optimal stock levels in order to avoid stockouts is an integral task of inventory management. One of the most fundamental ways in which to ensure this is setting and maintaining the right reorder points.

By Mattias Turovski 12 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

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

InventoryProduction planning

Serial Number Tracking in Manufacturing

Knowing the location and details of materials, components, and products as they move through inventory and the shop floor is important for any manufacturing company. Serial number tracking is one of the essential tools for ensuring traceability in manufacturing.

By Mattias Turovski 7 min read

Production planning

Production Planning with Excel – Opportunities and Limitations

Production Optimization – A Simple Guide for SMEs

Total Manufacturing Cost – What is it and How to Calculate it?

How to Manage Product Variants in Manufacturing?

What Is Production Capacity and How to Calculate It?

What is Reorder Point and Reorder Point Formula?

A Day in the Life of a Manufacturing Elf

What is a Multi-Level BOM (Indented BOM)?

Serial Number Tracking in Manufacturing

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Production planning

Production Planning with Excel – Opportunities and Limitations

Production Optimization – A Simple Guide for SMEs

Total Manufacturing Cost – What is it and How to Calculate it?

How to Manage Product Variants in Manufacturing?

What Is Production Capacity and How to Calculate It?

What is Reorder Point and Reorder Point Formula?

A Day in the Life of a Manufacturing Elf

What is a Multi-Level BOM (Indented BOM)?

Serial Number Tracking in Manufacturing

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