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Cost of goods manufactured (COGM) tells you what it actually cost to produce the finished goods that came off your shop floor in a given period. It feeds cost of goods sold (COGS), gross margin, and pricing decisions. You can also listen to this article: Key takeaways COGM tells you what it actually cost to […]
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Over the past three years, US manufacturers have dealt with shifting demand, inventory levels that don’t always match what’s needed, and AI tools becoming part of everyday work. We looked at three years of BTOS survey data to see how these trends have actually played out across manufacturers of different sizes. Key takeaways Demand has […]
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If you’re a manufacturer, hiring is one of the most important decisions you can make. Bring on too few people, and you won’t be able to keep up with demand. Hire too many, and payroll starts to pile up. To see how manufacturers have managed hiring, we analyzed three years of US Census data. Key […]
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Over the past three years, the US Census Bureau has asked thousands of manufacturers how they see their prices changing. The answers reveal an interesting story that has been building across the industry. In this report, we discuss the strongest pricing trends in US manufacturing, based on three years of US Census Data. Key takeaways […]
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Inventory planning is a decision-making process: what stock to carry, how much to keep on hand, and when to trigger a reorder. Get it right and you keep stock available without tying up working capital in inventory you don’t need. That’s important whether you make, assemble, or resell products. Key takeaways Inventory planning is the […]
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