cash flow

Manufacturing Cost Control: Why Accurate Production Posting Matters

Manufacturing Cost Control: Why Accurate Production Posting Matters

Cost control has traditionally been viewed in the manufacturing realm as an activity that comes into focus only when profitability begins to drop. However, cost control is, indeed, proactive, and it requires only one discipline to do it: production posting.  Production posting involves capturing what happened on the shop floor in terms of labour input, materials…
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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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