What is an Accounting Manual?
Accounting manual is a document in which every organization defines its accounting policies and procedures – in this article, we give an overview of its goals and contents.
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Week 11 in Manufacturing News
U.S. stocks tumbled more than 2% as investors weighed government responses to the coronavirus fallout; U.S. manufacturing sector stalls as coronavirus hits supply chains; Europe’s Stock Markets Are Slammed by Trump Travel Ban; Strategic Retrofitting: Older Machines Get an IIoT Update.
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Building an ERP Implementation Team for Manufacturing
With MRP or ERP implementation, the key to a successful implementation relies on assembling the right team. With the right skills, attributes and leadership, a fully optimized system can be built to fit any manufacturer’s needs.
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Week 10 in Manufacturing News
US companies tell Fed coronavirus has hit manufacturing; UK manufacturing expands at the fastest pace since April 2019; Advanced Manufacturing Expo’s Top 100 Manufacturers in Australia; The State of Cloud-Based ERP/MRP in Smaller Food Firms.
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Different purchasing practices for manufacturers
A robust and accurate planning system is critical to any manufacturer. In this article, we are comparing different purchasing practices – ROP/ROQ Principles vs MRP System Planning.
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Week 9 in Manufacturing News
America’s manufacturing recession looks like it could be over; U.S. companies face crucial test over China’s factory shutdown; What are manufacturers saying about their future?; Cybersecurity in a Connected World.
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ERP and MRP Implementation – How to Analyze Your Internal Processes
An essential step when a business implements an ERP or MRP is to deeply analyze the internal processes and construct process flow diagrams of current and new processes.
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Week 8 in Manufacturing News
US: NY Empire State Manufacturing Index jumps to 12.9 in February; US January industrial output falls; Pressure Points: How can the government support UK manufacturing?; Meet The Manufacturer Top 100 2019 Exemplars.
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What are accounting source documents?
The article gives an overview of what are accounting source documents and what are their goals, content, and examples.
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Week 7 in Manufacturing News
Department of Energy Awards $187 Million to Strengthen U.S. Manufacturing Competitiveness; UK economy saw zero growth at the end of 2019; A Look Through Futurists’ Eyes; Manufacturing Trends to Watch.
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Material Requirements Planning and Manufacturing Resource Planning difference
The MRP is a planning system that allows you to manage the production resources of an organization. Here is an overview of Material Requirements Planning (MRP I) and Manufacturing Resource Planning (MRP II) differences.
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Week 6 in Manufacturing News
U.S. manufacturing rebounds; UK manufacturing sector stabilizes as political uncertainty fades; Three Trends Driving Electronics Manufacturing Out of China In 2020; The Manufacturer MX Awards 2019: All the winners and reactions.
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