Inventory, Warehouse and Supply Chain
How to Conduct an Inventory Count? How to Reduce Count Discrepancies?
Manage inventory counting correctly from preparation to second check; shelf, variant, unit and document...
ERP Articles - Page 2
What is a Bottleneck in Production? How to Identify and Reduce It?
Identify bottlenecks on the production line with queue, waiting, work‑in‑process and capacity load data; current…
Inventory, Warehouse and Supply Chain
What is Serial Number Tracking? How Does It Differ from Lot Tracking?
Track each product individually by serial number; unlike lot tracking, see which items it was used in...
What Is Standard Cost? Differences Between Standard Cost and Actual Cost
The standard cost set before production versus the actual cost incurred at the end of production...
Inventory, Warehouse and Supply Chain
What Are the Delivery Methods of Incoterms 2020? A Guide for Manufacturers and Exporters
The 11 delivery methods under Incoterms 2020 cover transport type, cost sharing and risk…
What Is Unplanned Downtime? How to Reduce Lost Time in Production?
How unplanned downtimes are recorded from start to re‑production, with correct cause codes...
What is a Production Order? How to Open and Track It?
From which requirement the production order is opened, what information it should carry, and the material...
How to Conduct a 5‑Why Analysis? Root Cause Example in Production
How to move from symptom to real cause in recurring production and quality issues, measurement error...
Inventory, Warehouse and Supply Chain
What Is the Purchase Price Difference? Why Is the Same Material Purchased at Different Prices?
Why the same material is purchased at different prices at different times or from different suppliers; exchange rate, quantity,...
Inventory, Warehouse and Supply Chain
How to Track Batches and Lots in Production?
From raw material receipt to production order and shipment, how batch and lot information is recorded,...