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Strategies for Better Product Shelf Life Management

Strategies for Better Product Shelf Life Management

by inFlow Inventory | Nov 22, 2023 | Inventory

Every fresh piece of produce or beautifully baked loaf of bread has a limited lifespan. When food starts to go bad, you must pull it from the shelves and throw it away. It is no longer considered safe for human consumption. Unfortunately, Americans waste nearly 40...
What QuickBooks Inventory Management Can and Can’t Do for Your Business

What QuickBooks Inventory Management Can and Can’t Do for Your Business

by Robert Brandon | Jul 18, 2023 | Accounting

Key takeaways QuickBooks inventory management provides features like real-time updates and low-stock alerts. Tracking inventory with QuickBooks lacks advanced capabilities such as detailed reporting and manufacturing features, which can limit its usefulness to many...
What Are Inventory Audits and Why Are They Important?

What Are Inventory Audits and Why Are They Important?

by inFlow Inventory | May 19, 2023 | Inventory

Inventory shortages can affect a company’s profits directly and indirectly. Not having materials for production or products to fill orders leads to lost business in the short term. Shortages also affect long-term revenue because clients or retail customers may...
How Lean Manufacturing Principles Lead To a More Efficient Workflow

How Lean Manufacturing Principles Lead To a More Efficient Workflow

by Robert Brandon | Mar 1, 2023 | Workflows

Key takeaways Lean manufacturing principles focus on minimizing waste while maximizing efficiency in the manufacturing process. Lean manufacturing originated from the Toyota Production System (TPS) and is built on two main pillars: Just-in-Time (JIT) inventory and...
What Is a Bill of Materials (BOM) in Production and Manufacturing?

What Is a Bill of Materials (BOM) in Production and Manufacturing?

by Robert Brandon | Feb 10, 2023 | Workflows

A bill of materials (BOM) is a reference list that manufacturers use to streamline and track their manufacturing process(es). That sounds complicated — and it can be — so it helps to break things down. It’s important to note that there are a lot of different...
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