7 types of manufacturing wastes and how to reduce them
Manufacturing waste is something business owners often overlook, yet left unchecked, it can cost a business a significant amount of money. From transportation waste, inventory waste, defective products and more, waste can accrue in a range of areas across the company. This article explores the different types of manufacturing waste, and how to redu ... Read More
October 22, 2020 eliminate waste, inventory management software, lean manufacturing, lean production, manufacturers, manufacturing, Manufacturing productivity, waste reductionWait-loss techniques for your lean business
The first thing to understand about a lean business is that fundamentally, it is not just about a cost-saving, or is it a short-term manufacturing goal for a zero-waste bent to please the environmentalist customers you may have. It is about a method of thinking that should govern all processes and operations in the company, […] ... Read More
October 26, 2017 lean business, lean inventory management, lean manufacturing, lean productionPenny pinching? Here are some ways to reduce costs
With global recessions, increasing oil prices and increasing competition, saving money wherever possible and thereby maximising profits is the name of the game. Identifying areas for potential savings can be daunting although you need not fear the process as there are several simple ways to reduce business costs. Automation Depending on the size of ... Read More
August 19, 2017 business costs, inventory automation, inventory control, inventory management, lean productionFood Manufacturing and The Lean Approach
Lean manufacturing began in the early 1990s with Henry Ford, and gained further ground after the rebuilding of industry in post WWII Japan. Since then, lean manufacturing has caught on quickly, and in the United States it is now commonplace. A lean approach focuses on systematically reducing any non-value adding or wasteful activities, to increase ... Read More
July 28, 2017 food manufacturing, inventory management, lean food manufacturing, lean manufacturing, lean productionManufacturers – can better inventory management improve business performance?
Manufacturers and inventory obviously go hand in hand, and keeping track of all the moving parts for the most profitable results can be difficult. ... Read More
March 3, 2017 business streamlining, forecasting, lean production, manufacturers, supply chain managementWhy is a Manufacturing Bill of Materials (BOM) so important?
A bill of materials (BOM) is a critical tool in the manufacturing world to detail how a product is to be made and what is needed to make it. ... Read More
March 2, 2017 assembly costs, bill of materials, BOM, lean production, manufacturingFive Tips to Take Control of Small Business Inventory
Inventory management software can help you keep track of all the moving parts. Here are five tips to take control of your inventory. ... Read More
January 14, 2017 bill of materials, ditch Excel, inventory management software, lean production, purchasing stock, stock counts