Congratulations on starting your manufacturing business! Now, getting started means you need products, but how do you…
A virtual warehouses is a digital solution that stores and manages the inventory. These also allow the…
Introduction Direct procurement or direct spend involves acquiring goods or raw materials that directly contribute to producing…
1. Introduction What’s the biggest nightmare of any business? Having orders in line but not having enough…
Forklifts are vehicles that are used in warehouses or other storages to lift heavy products. Sometimes, they…
Introduction How many businesses do you think manufacture their own products? Only a small percentage – 20%….
In manual inventory management, businesses manage inventory with little to no use of technology. This means that…
An inventory count sheet is a document that physically records the inventory levels. By looking at this…
“Your product is only as good as your manufacturer.” The manufacturer you choose for either producing the…
ABC Analysis (also known as the ‘always better control’ method) is an inventory control technique that classifies…