by PrismHQ | Mar 27, 2025 | Industry Challenges, Inventory Management, Operational Efficiency, Supply Chain Management, Technology
The Supply Chain Rollercoaster If you feel like managing your supply chain has been more unpredictable than a game of whack-a-mole lately, you’re not alone. With global disruptions, labor shortages, and unpredictable demand shifts, manufacturers have had to think on... 
by PrismHQ | Feb 20, 2025 | Industry Challenges, Inventory Management, Operational Efficiency, Technology, Tips and Tricks
The words “Inventory reconciliation” are practically guaranteed to elicit groans in nearly every industry. For manufacturers in particular, it is one of the most tedious and labor-intensive tasks that needs to be regularly tackled. It requires meticulous attention to... 
by PrismHQ | Jan 23, 2025 | Inventory Management, Operational Efficiency, Tips and Tricks
Effective inventory management is vital for any business seeking to optimize costs and ensure smooth operations. One of the most effective techniques to achieve this is ABC analysis. Rooted in the principles of prioritization, ABC analysis categorizes inventory items... 
by PrismHQ | Dec 19, 2024 | Inventory Management, Operational Efficiency, Production Management, Technology
QuickBooks is practically a household name and serves as the foundation for financial management, handling essential accounting tasks. However, its inventory management and manufacturing capabilities are limited. These features help smaller businesses maintain a basic... 
by PrismHQ | Nov 14, 2024 | Inventory Management, Technology, Tips and Tricks
It seems like everybody is talking about AI right now, but with good reason. Searches for “implementing AI in manufacturing” have seen a steady uptick as companies strive to leverage AI for real-time data insights and automation. For instance, topics like... 
by PrismHQ | Oct 18, 2024 | Inventory Management, Technology, Tips and Tricks
Inventory management is critical in manufacturing, directly influencing profitability, cash flow, and operational efficiency – no big surprise there. On the flipside, mismanagement and inventory waste can lead to significant financial losses through excess...