Cost Optimization & Production Planning

Manufacturing has long been defined by large-scale production runs, extensive inventories, and long lead times. But as market demands shift,...

Non-recurring engineering (NRE) costs are critical, one-time expenses incurred during the design, development, and testing of a new product before...

If you are manufacturing in China then you have probably noticed the number of holidays they have. The one with...

If you’re in the manufacturing business, you understand the importance of having BOM in place. Whether it’s accounting for raw...

Fictiv’s State of Manufacturing Report 2022 brings a few very interesting sets of data points about trends & insights from...

Everything in manufacturing is interconnected. There are reasons for defects, late shipments, material shortages, and more. It’s up to you...

When you are finalizing development, you will look at transitioning your product to production. In order to do this, you...

If you are developing a product, there will be a time when you need to transition from making prototypes to...

When finalizing your product, it is easy to get overly excited and rush into production. You might have been developing...

During the manufacturing process, we have different production costs that affect the overall cost of your product. Our last post...

In our blog last week, What are Production Costs and how to Calculate them, we looked at the differences between...

One of the main drivers of the costs of your product will be the production costs. This is also what...