Episodes
Wednesday Apr 29, 2020
Calculating Cost of Goods Sold in Manufacturing
Wednesday Apr 29, 2020
Wednesday Apr 29, 2020
Efficiency is the lifeblood of any manufacturing company. If the processes and procedures work smoothly and efficiently, profitability is enhanced. And if they don’t, then profits may suffer.
Listen more from this episode or read it from here.
Monday Apr 27, 2020
What are accounting source documents?
Monday Apr 27, 2020
Monday Apr 27, 2020
An accounting source document provides proof of an economic transaction.
They are the source of the information that is recorded in the accounting ledgers, and they are used to verify the validity of the transactions.
Listen more from this episode or read it from here.
Friday Apr 24, 2020
Case Study: LimeLife by Alcone (L’Occitane’s Company)
Friday Apr 24, 2020
Friday Apr 24, 2020
LimeLife by Alcone, L’Occitane’s new brand, uses MRPeasy and gives a makeover to its supply chain functionality.
Listen more from this episode or read it from here.
Wednesday Apr 22, 2020
Material Requirements Planning and Manufacturing Resource Planning difference
Wednesday Apr 22, 2020
Wednesday Apr 22, 2020
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.
Listen more from this episode or read it from here.
Friday Apr 17, 2020
Why Material Requirements Planning is So Important?
Friday Apr 17, 2020
Friday Apr 17, 2020
Unlike manufacturing companies 100 years ago, nowadays manufacturers compete not only with other local businesses but also with other operations across the globe, both big and small.
Listen more from this episode or read it from here.
Wednesday Apr 15, 2020
Production planning: forward or backward scheduling?
Wednesday Apr 15, 2020
Wednesday Apr 15, 2020
Is production order going to be filled as soon as possible? Or is it going to be filled just in time for delivery?
The former is called forward scheduling, where the first available time slot is assigned for production. The latter is called backward scheduling or just-in-time manufacturing.
Listen more from this episode or read it from here.
Monday Apr 13, 2020
Production Planning Methods
Monday Apr 13, 2020
Monday Apr 13, 2020
Production planning is defined as the process whereby a company makes sure that supplies and raw materials are in place at the appropriate time and in the correct quantity. Here is an overview of different production planning methods.
Listen more from this episode or read it from here.
Wednesday Apr 08, 2020
Stock Keeping Unit (SKU) – best practices for inventory classification
Wednesday Apr 08, 2020
Wednesday Apr 08, 2020
Stock Keeping Unit, known also as SKU, is a term used in Inventory Management. It is a distinct type of item for sale. It can be a product, a service or a mix of both. It has to be unique, which means that two different SKUs have always a relevant attribute distinguishing one from the other.
Listen more from this episode or read it from here.
Friday Apr 03, 2020
Top 5 Manufacturing Production Software for Small Business
Friday Apr 03, 2020
Friday Apr 03, 2020
Your company’s social interactions are an invaluable source of intelligence, recurring revenue, partner possibilities, and new production.
We provide a quick overview of leading manufacturing resource planning software (MRP) solutions and some suggestions to help select a suitable solution for growing your business.
Listen more from this episode or read it from here.
Wednesday Apr 01, 2020
Inventory Valuation Methods – Finding the Right Method
Wednesday Apr 01, 2020
Wednesday Apr 01, 2020
For manufacturing companies, few things are as important in finance departments than inventory costing. Here’s an overview of different inventory valuation methods.
Listen more from this episode or read it from here.