MRPeasy Manufacturing Podcast
Calculating Cost of Goods Sold in Manufacturing

Calculating Cost of Goods Sold in Manufacturing

April 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.

 

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What are accounting source documents?

What are accounting source documents?

April 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.

 

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Case Study: LimeLife by Alcone (L’Occitane’s Company)

Case Study: LimeLife by Alcone (L’Occitane’s Company)

April 24, 2020

LimeLife by Alcone, L’Occitane’s new brand, uses MRPeasy and gives a makeover to its supply chain functionality.

 

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Material Requirements Planning and Manufacturing Resource Planning difference

Material Requirements Planning and Manufacturing Resource Planning difference

April 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.

 

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Why Material Requirements Planning is So Important?

Why Material Requirements Planning is So Important?

April 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.

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Production planning: forward or backward scheduling?

Production planning: forward or backward scheduling?

April 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.

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Production Planning Methods

Production Planning Methods

April 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.

 

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Stock Keeping Unit (SKU) – best practices for inventory classification

Stock Keeping Unit (SKU) – best practices for inventory classification

April 8, 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.

 

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Top 5 Manufacturing Production Software for Small Business

Top 5 Manufacturing Production Software for Small Business

April 3, 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.

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Inventory Valuation Methods – Finding the Right Method

Inventory Valuation Methods – Finding the Right Method

April 1, 2020

For manufacturing companies, few things are as important in finance departments than inventory costing. Here’s an overview of different inventory valuation methods.

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