Beginning work-in-process inventory involves determining the value of products that are in production but that have not yet been completed at the end of an accounting period. Work in progress is not ...
Accountants close the books each month to freeze the data for the period. When the numbers transfer to the general ledger, the accounting activity for the month provides a window for managers to view ...
Manufacturing Execution System (MES) software can be a powerful tool for controlling all aspects of manufacturing, including inventory management. It does a phenomenal job of reaching into processes ...
BellHawk Systems’ 21 CFR Part 11 compliance module enables the use of the BellHawk inventory and work-in-process tracking software in manufacturing and distribution applications that need to comply ...
This article is based on my observations the last few years when I’ve been invited into factories looking for help to start (or too often restart) a continuous improvement (CI) strategy. The subject ...