Episodes
Wednesday Oct 27, 2021
Vendor Management – An Essential Guide for SMEs
Wednesday Oct 27, 2021
Wednesday Oct 27, 2021
Vendor management is a set of tools that companies use to ensure profitable and efficient relationships with their suppliers. Coming a long way from traditional phone calls, faxes, and emails, today even small businesses have started to utilize software to manage their communication with vendors.
You can learn more about it from this episode or read the article here.
Wednesday Oct 20, 2021
Advantages and Disadvantages of Using an MRP System
Wednesday Oct 20, 2021
Wednesday Oct 20, 2021
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.
You can learn more about it from this episode or read the article here.
Wednesday Oct 13, 2021
Inventory Tracking – An Essential Guide For Manufacturers
Wednesday Oct 13, 2021
Wednesday Oct 13, 2021
Inventory tracking means monitoring stock movements to increase visibility in the company’s supply chain. This added transparency helps businesses improve their ordering and overall inventory management practices, ensure traceability, and make sure that goods reach the production floor and the customer at the right time.
You can learn more about it from this episode or read the article here.
Wednesday Oct 06, 2021
What Is Job Costing and How to Do It?
Wednesday Oct 06, 2021
Wednesday Oct 06, 2021
Job costing means tracking the costs related to individual orders. This allows accounting to measure the profitability of each project separately and to use it as a basis for customer quotes and financial planning.
You can learn more about it from this episode or read the article here.