MRPeasy Manufacturing Podcast

What is the difference between production planning and scheduling?

The difference between production planning and production scheduling. They have similar concepts, however, there are slight differences between them.

 

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Manufacturing Software for Electronics Industry

A key difficulty in electronics manufacturing arises from the need to manage a lot of information. This is where manufacturing software for the electronics industry comes into play.

For example, finding the lead time of a product assembled from hundreds of distinct parts, which all have various lead times, is a difficult process done manually – hundreds or even thousands of pieces of information need to be considered.

 

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What is a Time Slot Management System?

Time Slot Management Systems allow for optimization of logistics processes, are easy to deploy and deliver measurable results in cost savings.

 

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Return on Investment (ROI) for MRP software

Return of Investment is a critical indicator when deciding on investment in any asset. Especially in ERP/MRP software, where the direct result is not obviously calculating.

 

 

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What is an Accounting Manual?

An accounting manual is a document in which every organization defines its accounting policies and procedures. Each organization is unique and therefore creates its own accounting manual. 

 

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Predictive Maintenance, Preventive Maintenance, or Firefighting – What’s the Best?

A third of manufacturers consider their maintenance programmes to be reactive rather than planned or predicted, according to a recent study by the Institute of Engineering and Technology (IET UK) and Bosch Rexroth.

A report into maintenance practices in UK industry surveyed nearly 300 engineers and found that maintenance practices continue to be a cause for concern.

 

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Building an ERP Implementation Team for Manufacturing

With MRP or ERP implementation, the key to a successful implementation relies on assembling the right team. With the right skills, attributes and leadership, a fully optimized system can be built to fit any manufacturer’s needs.

 

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Advantages and disadvantages of using MRP system

For a good reason, people ask, what are the advantages and what are the disadvantages of MRP software or manufacturing ERP. Still, even though being one of the predominant ways of organizing inventory and production planning, it surely has its benefits and drawbacks.

 

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ERP and MRP Implementation – How to Analyze Your Internal Processes

An essential step when a business implements an ERP or MRP is to deeply analyze the internal processes and construct process flow diagrams of current and new processes.

 

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Calculating Cost of Goods Sold in Manufacturing

Efficiency is the lifeblood of any manufacturing company.  If the processes and procedures work smoothly and efficiently, profitability is enhanced.  And if they don’t, then profits may suffer.

 

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What are accounting source documents?

An accounting source document provides proof of an economic transaction.

They are the source of the information that is recorded in the accounting ledgers, and they are used to verify the validity of the transactions.

 

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Case Study: LimeLife by Alcone (L’Occitane’s Company)

LimeLife by Alcone, L’Occitane’s new brand, uses MRPeasy and gives a makeover to its supply chain functionality.

 

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Material Requirements Planning and Manufacturing Resource Planning difference

The MRP is a planning system that allows you to manage the production resources of an organization. Here is an overview of Material Requirements Planning (MRP I) and Manufacturing Resource Planning (MRP II) differences.

 

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Why Material Requirements Planning is So Important?

Unlike manufacturing companies 100 years ago, nowadays manufacturers compete not only with other local businesses but also with other operations across the globe, both big and small.

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Production planning: forward or backward scheduling?

Is production order going to be filled as soon as possible? Or is it going to be filled just in time for delivery?

The former is called forward scheduling, where the first available time slot is assigned for production. The latter is called backward scheduling or just-in-time manufacturing.

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Production Planning Methods

Production planning is defined as the process whereby a company makes sure that supplies and raw materials are in place at the appropriate time and in the correct quantity. Here is an overview of different production planning methods.

 

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Stock Keeping Unit (SKU) – best practices for inventory classification

Stock Keeping Unit, known also as SKU, is a term used in Inventory Management. It is a distinct type of item for sale. It can be a product, a service or a mix of both. It has to be unique, which means that two different SKUs have always a relevant attribute distinguishing one from the other.

 

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Top 5 Manufacturing Production Software for Small Business

Your company’s social interactions are an invaluable source of intelligence, recurring revenue, partner possibilities, and new production.
We provide a quick overview of leading manufacturing resource planning software (MRP) solutions and some suggestions to help select a suitable solution for growing your business.

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Inventory Valuation Methods – Finding the Right Method

For manufacturing companies, few things are as important in finance departments than inventory costing. Here’s an overview of different inventory valuation methods.

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MRP I vs. MRP II: What’s the Difference?

When you’re looking for an MRP system, it’s important to distinguish between Material Requirements Planning (sometimes referred to as MRP I) and Manufacturing Resource Planning (known as MRP II).

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