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... 
by PrismHQ | Oct 11, 2024 | Inventory Management, Production Management, Technology, Tips and Tricks
Growth is always top of mind for any business. It’s no different for manufacturers. Whether looking to expand overall, or increase production with the resources at hand, growth is a key metric in just about all cases. At points in any growing... 
by PrismHQ | Oct 4, 2024 | Production Management, Technology, Tips and Tricks
Manual data entry – it’s a necessary evil in many businesses of all sizes. It’s straightforward, easy to implement, and seems inexpensive (at first). It may even seem unavoidable in some cases, and many manufacturing companies still rely on manual data entry... 
by PrismHQ | Sep 27, 2024 | Production Management, Technology, Tips and Tricks
Communication breakdowns are never a good thing, but in manufacturing, where precision and coordination are critical, a communication breakdown can lead to costly delays, safety risks, and reduced efficiency. In some cases, process adjustments and training can remedy... 
by PrismHQ | Sep 19, 2024 | Inventory Management, Tips and Tricks
Efficient inventory management is critical to success, and investing in software like PrismHQ can revolutionize how manufacturers handle stock, streamline operations, and drive profitability. However, a growing business also doesn’t want to waste budget dollars on... 
by PrismHQ | Sep 12, 2024 | Technology, Tips and Tricks
Today we’re taking a look at the way data silos – information isolated within departments and not shared across the organization – can cause waste and increase costs for manufacturers. Most of you are quite familiar with the challenges of operational...