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BOM Management: How to Efficiently Manage a Bill of Materials

Unleashed

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment.

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What is Reverse Logistics?

GlobalTranz

Reverse logistics refers to all operations related to the reuse of products and materials. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. What is reverse Logistics?

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Finished Goods Inventory: Definition & Formula

Unleashed

This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. They are made from raw materials and components and may be produced in bulk (mass production or batch production ) or independently (one off production).

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. But with growing complexity, Mr. Sorenson continues – “where resource consumption is more likely to vary by product and customer” – the IBP process “isn’t the strategic process that its proponents proclaim.”

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Sustainable procurement: Everything You Need to Know

Precoro

Thus, prioritizing sustainable procurement has become a critical component of companies' policies; by doing so, organizations promote transparency, fairness, resource efficiency, and ethical practices while enhancing their brand image and competitiveness.

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5 Key Strategies for Putting Quality First and Designing It from the Start

QAD

As I mentioned in a recent article in Quality Digest , prevention is cheaper than playing quality catch-up. Take PennEngineering for example. Recognized as the go-to fastening resource for virtually every industry from electronics to aerospace, the U.S.-based So why doesn’t everybody do it?

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What is Retail Software? Types, Benefits, & Features

Unleashed

This article explores some of the common types of retail software, key features and benefits, and examples. Retail warehouse management systems, for example, are used to manage the movement and storage of materials, products, and finished goods in a retail warehouse, brick-and-mortar store, or other storage facility.