inventory management
Taking Back Control of Your Inventory Costs
Inventory is typically one of a manufacturer’s top three investments, making it a central factor in the business’ success. Too much inventory wastes capital; too little inventory delays production. It’s no surprise then that many manufacturing enterprise resource planning (ERP)
... ContinuedHow Manufacturers Can Reduce Inventory Costs
How to reduce inventory costs is a significant challenge manufacturers face today. Mid-tier manufacturers say it’s worth the effort to automate inventory cost reporting because it provides an accurate and consistent measure of inventory activity, saving time and contributing to
... ContinuedManufacturing Keeps Going Strong At Mar-Bal
Mar-Bal operates four manufacturing facilities in North America and a sales office in Shanghai, China. They manufacture thermoset composite products essential to the appliance, electrical distribution, and industrial marketplaces. Mar-Bal continues production under the guidelines set forth by Ohio Governor
... ContinuedUsing Real-Time Data to Win New Business
Bottom Line: Manufacturers are achieving only 40% of their potential because they’re spending too much valuable time manually updating inventory control, production reporting, and pricing reports when their competitors using real-time data to get the data they need to win
... ContinuedTop 10 2020 Manufacturing Trends
Bottom Line: 2020 manufacturing trends are driven by manufacturers’ strong confidence in their ability to deliver high-quality products that earn repeat orders while delivering excellent customer experiences. Their most anticipated growth barriers are chronic labor shortages, pre-emptive competitive price wars,
... Continued