Inventory and stock management tips and tricks for small manufacturing businesses.
inventory management
How to track and manage your raw material inventory to increase profits, become more organized and grow your business.
We'll cover what lot numbers are, how they're used, and why they're so important for small manufacturers.
This article explains what bill of materials (BoM) are, why they are important to small manufacturers. We'll also go through some examples of single and multi level Boms.
We show you why its important to trace your stock from raw material purchase to sale.
We show you how to create a multi-level BoM using examples.
We show you how to track your small jewelery business inventory with ease.
Want to know what MRP stands for? This article discusses the differences between MRP and ERP systems, and why they are both important to small manufacturing businesses.
We discuss the difference between COGM and COGS, and show you how to calculate both important manufacturing metrics.
Materials Resource Planning (MRP) systems are an important part of growing your craft business - we show you how to assess if you need one.
We show you how to save on your material costs by buying in bulk and thus increase your profit margins.
How you, as a handmade crafter, can get started with inventory management.
Your in-depth guide to successfully managing your craft seller inventory.
We show you why it's important to price your handmade products using a craft calculator.
If you are a small manufacturer, it is important to understand what raw materials are and how they are used in a bill of materials (BoM). This article covers the basics of raw materials and includes some tips on how to streamline your operations.
In this blog post, we will discuss the importance of inventory tracking for soapmakers and provide some tips on how to get started.
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