Even though MRP systems are quickly becoming the norm even among SMEs, manufacturers need to be aware of their advantages and disadvantages before deciding to implement new software. Apart from the general benefits and downsides that can be applied to most MRP systems, there are also aspects that can drastically vary from provider to provider.
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.