by PrismHQ | Mar 20, 2025 | Industry Challenges, Operational Efficiency, Supply Chain Management, Tips and Tricks
The manufacturing industry in the United States has experienced a tumultuous journey since the COVID-19 pandemic. Initially, the crisis caused supply chain disruptions, labor shortages, and a sharp decline in industrial production. However, as recovery efforts gained...
by PrismHQ | Mar 6, 2025 | Industry Challenges, Operational Efficiency, Supply Chain Management, Tips and Tricks
The world saw first-hand how the pandemic exposed critical vulnerabilities in global supply chains, causing unprecedented disruptions in manufacturing and logistics. Many businesses faced significant delays, soaring costs, and inventory shortages, leading to...
by PrismHQ | Feb 28, 2025 | Industry Challenges, Operational Efficiency, Production Management, Technology, Tips and Tricks
A lack of production floor visibility is a bit like trying to walk through your production floor with a blindfold on. It would be a terrible idea and I don’t advise it. At best, it would take a while to navigate and you’d likely knock things over and get a few bumps...
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 | Feb 6, 2025 | Industry Challenges, Operational Efficiency, Technology, Tips and Tricks
As manufacturers continue to develop their operations in anticipation of Industry 4.0, they must decide whether to host their IT systems locally or rely on external cloud computing servers. This choice plays a crucial role in shaping their infrastructure and overall...
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...