Inventory and stock management tips and tricks for small manufacturing businesses.
inventory management
We'll cover what lot numbers are, how to track them, 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.
There are many different ways that small businesses can keep track of their inventory for free. We discuss the pros and cons of each so you can choose the right one for your business.
What does a production planning manager do? We discuss roles and responsibilities, salary expectations and more in this article.
We show you why it's important to trace your material 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 jewelry 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 cover what is a Bill of Materials (BOM) is, how to create one and why it is an essential part of any manufacturing business inventory strategy.
We show you why it's important to price your handmade products using a craft calculator.
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