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...
by inFlow Inventory | May 12, 2023 | Inventory
In the 21st century, businesses don’t need to be brick-and-mortar. In fact, many successful businesses are run through e-commerce websites that provide goods and services for customers around the world. If you run an e-commerce business, it’s...
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...
by Robert Brandon | Feb 16, 2023 | Barcoding
No matter where you live, you almost certainly see barcode labels on a regular basis. Businesses slap them on just about everything– everyday products, food products– they’re even barcoding shelves! There’s a good reason for this. Barcodes are some of the...
by Robert Brandon | Feb 10, 2023 | Workflows
Key takeaways A bill of materials (BOM) is a detailed list of all components, raw materials, and procedures required to manufacture a product. Every BOM should include consistent details such as assembly name, material quantities, costs, part numbers, and the general...
