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 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 16, 2025 | Industry Challenges, Labor, Operational Efficiency, Technology
As we step into 2025, the manufacturing industry faces an increasingly complex landscape defined by supply chain disruptions and economic uncertainty. These challenges, while daunting, also present opportunities for innovation and resilience. Hesitation is natural in... 
by PrismHQ | Jan 9, 2025 | Industry Challenges, Operational Efficiency, Technology, Tips and Tricks
Increased import tariffs can significantly reshape the landscape of the manufacturing industry. These taxes on imported goods often result in higher costs for raw materials, components, and finished products, which can reduce profit margins and disrupt supply chains.... 
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...