Inventory management is a critical aspect of any manufacturing business, whether you’re a small startup or a medium-sized enterprise. Properly tracking your inventory ensures that you have the right amount of raw materials and finished products at all times, preventing overstocking or understocking issues. While there are advanced inventory management systems available, many businesses begin…
Many manufacturing businesses often begin their operations with manual processes and spreadsheets, which serve as cost-effective solutions in the early stages. However, as these businesses grow and evolve, they often face a host of challenges related to the limitations of manual processes and spreadsheets. This article explores these challenges and provides effective solutions to help…
The manufacturing industry is no stranger to economic challenges. Whether it’s fluctuating demand, rising production costs, or global uncertainties, manufacturers continually face pressures to do more with less. In such an environment, leveraging technology becomes critical to achieving efficiency, reducing costs, and staying competitive. But enough telling you what you already know, let’s look at…
The manufacturing industry is no stranger to the concept of automation. For decades, factories have been using machines to automate repetitive tasks and increase efficiency. But with the advancement of AI technology, the manufacturing industry can now take automation to the next level with the help of AI technology like ChatGPT. What is it?…
Over the decades many industries have experienced significant change as new technologies became available and evolved. One key to success is being among the first to recognize the potential of new technology, and adapt more quickly than your competitors. Today’s companies find themselves in the midst of a new phase that has been defined by…
Many businesses are still working to recover after the worst of the pandemic, maneuvering supply chain issues and labor shortages. On top of all that, the economy has resulted in a very mixed bag, with rising inflation being the latest dog to jump on the growing pile of challenges. In a recent survey by American…
U.S. employment statistics hit a new milestone last year, though not a positive one. In August 2021, almost 4.3 million workers quit their jobs, according to the U.S. Department of Labor. As the current workforce continues to shift and re-evaluate their options, employers everywhere are having a tough time finding and holding on to qualified…
When your business has grown to the point that manual processes and collections of spreadsheets are hurting your potential rather than helping, it’s time to look into the benefits that a business management software (BMS) can provide. Software is a huge part of doing business, and there are a dizzying number of options to consider. …
Ah, the spreadsheet. Such a wonderful and helpful tool in many cases. With several options from Excel to Google Sheets, they are extremely accessible and very easy to use. It’s understandable why so many businesses use them as the key part to running operations, especially early on. But in time, spreadsheets can quickly flip on…
The first and arguably most important step of developing a software solution is the decision of whether or not to start at all. This can seem like a bit of a foggy area, particularly if you haven’t ventured into custom development before. But like most good business decisions, it’s about the numbers. The most important…