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Cutting the Fat: Reducing Inventory Waste Through Better BOM Management

Cutting the Fat: Reducing Inventory Waste Through Better BOM Management

Inventory waste may become a major source of losses in manufacturing. Inventory waste sits in the dusty warehouse corner, occupies working capital resources, and drives carrying costs up. Although manufacturers tend to blame forecasting mistakes or supply chain issues for their overstuffed warehouses, the reason behind the problem lies much…
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Scaling Production Without Increasing Administrative Work

Scaling Production Without Increasing Administrative Work 

Growth is key in the manufacturing industry. You always want to have more orders, bigger customers, and greater production capacity. For some manufacturing businesses, though, increasing production can lead to a problem that nobody wants increased administrative work.  It is often believed that doubling your production rate will automatically mean you will…
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