
Secret Life of Inventory
A show where we delve deep into the unseen world of inventory management, revealing the hidden mysteries that help small businesses (like you) optimize their workflow and succeed!
Secret Life of Inventory
Mastering Inventory Management for Manufacturers
If you’re new to manufacturing, inventory management can feel overwhelming—but we’re here to break it down! We’ll start with the basics of a Bill of Materials (BOM)—a detailed list of all the parts, components, and raw materials needed to make a product. We’ll also cover the role of barcoding systems in tracking inventory and how they can reduce errors and save time. Finally, we’ll explore how MRP (Material Requirements Planning) software ties it all together, helping you stay organized, track progress, and make smarter decisions.
Whether you’re running a small workshop or scaling up production, this episode will help you get started on the right foot. Join us as we simplify the essentials of inventory management for manufacturing!
🎙️ Apply to be a podcast guest in Toronto! (flights and accommodations covered)
https://forms.gle/tRNxcnr4AvsgdhGbA
🔗 Free Downloads:
→ Bill of Materials Template: What It Is and How to Get Started!
https://www.inflowinventory.com/blog/bill-of-materials-template-how-to-get-started/
→ Print Barcodes for Free: Download Our Code 39 Barcode Font
https://www.inflowinventory.com/blog/free-barcode-font-code-39-3-of-9
📝 Helpful Articles:
→ Bill of Materials (BOM): A Quick Guide for Manufacturers
https://www.inflowinventory.com/blog/what-is-a-bill-of-materials-bom/
→ Barcode System for Manufacturing: What You Need to Succeed
https://www.inflowinventory.com/blog/barcodes-for-manufacturing/
→ How MRP Software Saves Manufacturers Time and Money
https://www.inflowinventory.com/blog/material-requirements-planning-mrp-software/
→ How to create a bill of materials (Windows) in inFlow
https://www.inflowinventory.com/support/cloud/how-to-create-a-bill-of-materials-for-products/
0:00 - Teaser
0:15 - Intro
1:19 - What is a BOM and why is it important?
2:06 - What kind of BOMS are there?
3:45 - How do you know which BOM to use?
4:48 - What are the advantages of using a BOM?
8:31 - How do you create BOMs?
9:15 - Barcoding for manufacturers
11:04 - What are the benefits of barcoding in manufacturing?
14:40 - How should manufacturers barcode their workflow?
16:22 - How to create your own barcode system
18:34 - How do manufacturers plan and manage all their materials?
19:04 - Manufacturing inventory software vs. MRP (material requirements planning)
21:40 - How MRPs help manufacturers with production planning
24:05 - Outro
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