Supply Chain Management

How to Communicate Effectively in a Manufacturing Company?

An exchange of information is necessary to trigger any kind of action and as such, communication is an essential part of any manufacturing business. Improving your communication process and practices can therefore have a significant effect on the efficiency of your business.

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Purchase Order Management – Achieving Consistent Deliveries

For any manufacturing company that relies on components and raw materials from suppliers, purchase order management constitutes an important set of practices that can significantly simplify the procurement process. In this article, we look at how to achieve consistent success with your procurements using the best purchase order management practices and solutions.

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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.

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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.

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Distribution Management Basics for SMEs

Distribution management is an integral part of any well-functioning business that sells physical products. Although the actual shipping of goods takes a central role in the process, distribution management includes many other processes that support timely and cost-effective deliveries.

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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.

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Incoterms – A Simple Guide

Incoterms or International Commercial Terms are used to facilitate and standardize trade processes, especially logistics and shipping. As of today, there are 11 different Incoterms that all allocate different responsibilities to both parties of a transaction.

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What Is Decoupling Inventory?

Decoupling inventory is the strategic buffer stock of subassemblies and WIP that could be used when suppliers are unavailable, when there are internal disruptions like machinery breakdown, or when demand is greater than expected. It allows companies to prevent all-around stoppages and mitigate the bullwhip effect.

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What Is Distributed Manufacturing?

In distributed manufacturing, production facilities are scattered throughout an extended geographical area, each one serving their local market, with their work coordinated with the help of cloud-based software. Distributed manufacturing is gradually gaining ground thanks to providing benefits such as shorter lead times and lower distribution costs.

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How to Keep Perfect Batch Records?

Batch records are documents that detail the journey of raw materials becoming batches of finished goods. Even though the term is mostly associated with process manufacturing, especially the pharma industry, every company that manufactures its products in batches or series can benefit from keeping batch records. Here is how to do it.

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