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
Key takeaways Barcode labels can include much more than a barcode, such as product names, SKUs, variants, and locations, making inventory easier to identify at a glance. Businesses should barcode more than just products. Labeling shelves, bins, racks, assets, and...
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...
by Robert Brandon | Jan 26, 2023 | Accounting
Key takeaways The total manufacturing cost formula is: total manufacturing cost = direct material cost + direct labor cost + manufacturing overhead. The direct materials cost formula is: direct materials = (starting inventory + purchases – ending inventory). The...
by Olivia Barnes-Brett | Oct 13, 2022 | Inventory
Key takeaways The difference between wholesaler vs distributor boils down to whose interest they serve. Wholesalers buy in bulk and resell to retailers with little exclusivity, while distributors work closely with manufacturers and often have exclusive rights to sell...
Fellow Canadians: All inFlow plans are available in Canadian dollars 
