BOM

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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The Hidden Cost of Managing Manufacturing with Spreadsheets

The Hidden Cost of Managing Manufacturing with Spreadsheets 

During the first years of your manufacturing company, a spreadsheet is the answer. It is cheap, adaptable, and accessible. With only ten SKUs and just a few orders to deal with, Microsoft Excel or Google Sheets is the best way to keep tabs on your inventory. But with growing business, that same…
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