MRPeasy Manufacturing Podcast
How to Calculate the Cost of Goods Manufactured (COGM)?

How to Calculate the Cost of Goods Manufactured (COGM)?

February 24, 2021

Calculating the Cost of Goods Manufactured is a good way to get an overview of production costs and how they relate to the bottom line of your business. It allows management to identify cash drains, to adjust prices, and to track the development of the business.

 

Listen more from this episode or read it from our blog.

 

#manufacturing #costofgoodsmanufactured #manufacturingsystem #manufacturingsoftware #mrpsystem #mrpsoftware #mrpeasy #cogm

Bill of Materials – An Essential Guide for Manufacturers

Bill of Materials – An Essential Guide for Manufacturers

February 17, 2021

Regardless of the size of the manufacturing operation, a Bill of Materials (BOM) is vital for production. Companies across the globe utilize them as the guide and shopping list for their final product and as such, they are tied into manufacturing, maintenance, scheduling, purchasing, and other areas of the organization.

 

You can listen more from this episode or read it from here.

 

#manufacturing #billofmaterials #bom #mrpeasy #mrpsoftware #mrpsystem #manufacturingsoftware #manufacturingsystem

Inventory Turnover Ratio – Formula and Tips for Improvement

Inventory Turnover Ratio – Formula and Tips for Improvement

February 10, 2021

The inventory turnover ratio is a good indicator of the performance of your company. Find a balance between sales and stock by using these formulas and tips.

 

Listen more from this episode or read it from our blog.

 

#manufacturing #inventory #manufacturingsoftware #manufacturingsystem #mrpsoftware #mrpsystem #mrpeasy #mrp 

What is Cycle Time in the Manufacturing Process?

What is Cycle Time in the Manufacturing Process?

February 3, 2021

Cycle time is often confused with throughput time and takt time, but it is nevertheless a separate manufacturing performance indicator used to measure the duration of specific production processes and to get vital insight into your production efficiency.

 

Listen more from this episode or read it from here.

 

#manufacturing #cycletime #manufacturingprocess #mrpeasy #mrpsoftware #mrpsystem #manufacturingpodcast #manufacturingsystem

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