Explore innovative strategies for boosting productivity, reducing costs, and maximizing profitability in today's competitive landscape. Whether you're a seasoned industry veteran or just starting out, The Manufacturing Blog is your trusted resource for staying informed and inspired in the dynamic world of manufacturing.
Not Everyone Needs ERP
You need more tools, but you don’t need that. You don’t need to spend $30,000 per year (or more) on an ERP system. And that doesn’t include the initial implementation costs of $60k-$150k, or [...]
Accounting & Inventory Value
MISys began developing software to help companies track manufacturing inventory, specifically raw materials and Work-in-Process (WIP). Most accounting software does not do that well which can really skew the cost of goods sold (COGS) [...]
Accounting for Variable Yields in Manufacturing
If you are making widgets, you will always get the number of finished goods you expect based on the quantities called for on the bill of materials (unless there are scrapped or lost items, [...]
Top 7 Challenges Facing Small Manufacturers Today
At MISys, we work with manufacturers every day. Whether they are prospects or existing customers, we have good insight into the challenges they face.The top 7:Capital Investment: Equipment costs money, and the payback can be [...]
Spreadsheets & Muffins
You need more than spreadsheets to manage your manufacturing business. Spreadsheets are the most universally used tool in business today. In the hands of someone who knows how to write formulas, establish relational tables, [...]