Table of Contents
Why Manufacturing is Vital for Stock Control #
Alignment of Supply and Demand #
- Manufacturing ensures the production of goods matches actual demand, reducing the risks of overstocking or stockouts.
- Controlled production schedules based on inventory data help maintain optimal stock levels.
Real-Time Visibility into Raw Materials #
- Effective manufacturing processes track the usage of raw materials, ensuring they’re replenished just in time.
- This prevents production delays caused by shortages and avoids excess inventory.
Cost Efficiency #
- Managing manufacturing directly impacts storage costs, as producing only what is needed minimizes holding expenses and waste.
- Improved stock control through manufacturing reduces lost revenue from unsold goods or spoilage.
Flexibility and Scalability #
- Manufacturing allows businesses to adapt stock levels to market changes quickly.
- Custom production schedules ensure businesses can scale operations without overcommitting resources.
Minimized Risk of Stockouts or Overstocking #
- Manufacturing ties stock control to production rates, ensuring that goods are available when needed while avoiding surplus inventory.
Using manufacturing with stock control, businesses can operate efficiently, reduce costs, and respond swiftly to market demands, ensuring smooth operations and customer satisfaction.
Here is a short Video on how to do manufacturing.
Screenshots of the hive
History
Formula
Production
Production Run
- Add existing formulas to the production run
- Production run is either pending or complete
- A combined list of items for all formulas in production run will be shown and can be exported
