Business Process Automation, Kladana & WooCommerce Integration, Cost of Goods Manufactured & Raw Materials Inventory Management Essentials, and more
Hello!?
Here’s our latest monthly digest, bringing you the newest Kladana updates and valuable materials to keep you informed. Launch our integration with WooCommerce: you no longer have to update each order progress both in ERP and WooCommerce accounts. Save plenty of time on checking every stage of all the processes, try business process automation. Study the essentials of raw materials inventory management and master efficient inventory management tools.
Product Updates
?? WooCommerce Integration
Here’s how Kladana + WooCommerce can boost your workflow:
Setting up is straightforward — simply enable the WooCommerce app in Kladana, configure your API keys, and start synchronizing orders and products in minutes!
?? Business Process Automation
Each process follows a specific path, requiring actions to be completed in a set order. Kladana’s business processes regulate this path, preventing employee errors and saving managers time in identifying and correcting mistakes.
?? For example, the employees accidentally mark an order as shipped before marking it as packed. You can set up a business process with a strict subsequence of statuses that eliminates errors.
New Helpful Longreads
Understanding the Cost of Goods Manufactured: Formula, Components, Examples & Importance
?? A recent survey by Deloitte revealed that 88% of manufacturers consider cost management a top priority. Hence, make an effort to know the costs associated with manufacturing goods. It can help understand how they contribute to expenses. In turn, you can make informed business decisions about profitability.
Once you accurately calculate the cost of goods manufactured (COGM), you can make informed decisions about pricing, budgeting, and overall financial planning. This article explains COGM and why it matters in manufacturing. We’ll also review its formula, understand its components, and outline the key differences between COGM and the Cost of Goods Sold (COGS) for better clarity.
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Inventory Management Tools: 11 Best Software and Techniques
?? We all know how much of a hassle inventory management can be! A single misplaced item or stockout will cause you to start leaking the profits.
Businesses worldwide lose over $1.1 trillion annually due to inventory inefficiencies; a Statista report found.
This is why you need the right tools to manage inventory — to prevent shortages, keep your business lean, and minimize waste to improve cash flow. But which are those tools, and how do they work? Let’s explore.
Raw Materials Inventory Management for Beginners. 7 Best Strategies, 7 Common Challenges, 3 Basic Formulas
Managing raw material inventory efficiently can be the difference between smooth production and costly delays. For instance, if a company produces cosmetics, managing the inventory of ingredients like essential oils, pigments, and emulsifiers ensures that products meet quality standards and are delivered on time.
Tracking raw materials inventory — whether via ERPs or MRPs, Excel templates, or dedicated inventory apps — helps businesses monitor stock levels, control costs, and avoid production delays. Understanding raw material inventory, including tracking methods, formulas, and challenges, enables companies to maintain efficiency while minimizing costs, resulting in a stronger bottom line.
That’s it for now. Try Kladana for free, or sign up for a demo with our expert.
Stay tuned!