Manufacturing Software, ERP, MRP

Manufacturing software systems are important tools for the automation and management of production processes. A wide range of manufacturing companies covering many different vertical sectors rely on manufacturing software to better manage the sourcing and use of material or parts quantities, scheduled production timelines, inventory management and the planning for future order demand. One commonly deployed example of a manufacturing software system is an Enterprise Resource Planning (ERP) solution, designed to better manage information concerning orders and materials, finance, Customer Relationship Management etc. over the whole organisation.

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UK manufacturing sector holds the line as bad debt looms, data from Creditsafe reveals

UK manufacturing sector holds the line as bad debt looms, data from Creditsafe reveals

Building on its recovery last quarter, the UK manufacturing sector has posted another solid performance across key financial indicators, as sales rose 3.94% and active companies increased by 16.66% year-on-year, according to new figures from the Creditsafe Watchdog Report.

Tryzens delivers Salesforce Commerce Cloud integration for UK Click & Collect start-up HubBox

Tryzens delivers Salesforce Commerce Cloud integration for UK Click & Collect start-up HubBox

Tryzens has successfully completed the development of a pre-built integration or 'cartridge' for innovative UK start-up HubBox, which will enable Salesforce Commerce Cloud users to reduce the time to market for the new delivery start-up.

Half of UK businesses are fearful robotic process automation will drive them out of business

Half of UK businesses are fearful robotic process automation will drive them out of business

A recent OnePoll survey for Ultima has found more than half (57 per cent) of the UK's SMEs fear big businesses use of robotic process automation will help to drive them out of business in the next five years, yet 10 per cent believe that automating repetitive, time-consuming tasks is not important to their success.

Big Data Analytics – realising the potential

Big Data Analytics – realising the potential

Big Data is an increasingly coined term used to reference the vast, varied and often complex sources of information now available to businesses. Through the sophisticated algorithms built into modern Big Data Analytics tools, valuable business insight can be derived through harvesting better structured, relevant data from manifold unstructured sources.

Manufacturing & Logistics IT spoke with a number of experts from the vendor and analyst communities about recent developments within the Big Data Analytics arena.

Linkfresh 365 approved for Microsoft AppSource Marketplace

Linkfresh 365 approved for Microsoft AppSource Marketplace

Linkfresh, provider of supply chain ERP solutions for the fresh food industry, has announced that its Microsoft Dynamics based Linkfresh 365 suite, for the Fresh Produce and Agricultural sectors, is now available on the Microsoft AppSource Marketplace.

Ferrari races ahead with ANSYS simulation technology

Ferrari races ahead with ANSYS simulation technology

With ANSYS engineering simulation technology behind the steering wheel, Ferrari raced past the competition to win the Manufacturers' and Drivers' World Championship titles and the Team's Trophy in the FIA World Endurance Championship (WEC).

The future is bright for UK manufacuring, says adi Group

The future is bright for UK manufacuring, says adi Group

A recent report by Santander and EEF has highlighted the growth potential of the UK manufacturing sector. A welcome change from the doom and gloom of recent years, the report found that the sector generates 10 per cent of the UK's total economic output and produces a staggering 44 per cent of the goods and services we export to international markets.

QAD aligns with Progress on the future of cognitive applications

QAD aligns with Progress on the future of cognitive applications

Progress, the provider of application development and deployment technologies, has announced that long-time partner QAD is expanding its relationship with Progress and plans to deliver new value to its customers with the Progress DataRPM platform.

Epicor launches newest version of Epicor ERP to support global growth, innovation, and competitive advantage

Epicor launches newest version of Epicor ERP to support global growth, innovation, and competitive advantage

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of companies in 150 countries worldwide.

WatchGuard uncovers surge in script-based attacks amid spike in overall malware volume

WatchGuard uncovers surge in script-based attacks amid spike in overall malware volume

WatchGuard's latest quarterly Internet Security Report, which explores the computer and network security threats affecting small to midsize businesses (SMBs) and distributed enterprises, has revealed substantial increases in scripting attacks and overall malware attempts against midsize companies throughout Q3 2017.

Manufacturing software systems

Manufacturing software systems provide the automation and computational support for complex manufacturing processes. Manufacturing companies leverage manufacturing software systems to carefully manage the timing, types and quantities of materials they purchase in order to ensure that they are able to meet current and future customer demand while at the same time achieving the lowest possible cost and inventory accumulation.

 

Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems facilitate the flow of information between all business functions inside the boundaries of the organisation and manage the connections to outside stakeholders.

 

Manufacturing resource planning (MRP II) addresses operational planning in units, financial planning, and has a simulation capability to answer "what-if" questions and extension of closed-loop MRP.

 

CRM or Customer Relationship Management concerns the relationship between an organisation and its customers. The scope of CRM which can vary drastically as it can be used by management, salespeople, people providing service, and even customers could directly access information to find out information.

 

Cloud computing can be defined as the set of hardware, networks, storage, services, and interfaces that combine to deliver aspects of computing as a service. Cloud services include the delivery of software, infrastructure, and storage over the Internet and is based on user demand. Cloud Computing  is the latest stage in the Internet's evolution, providing the means through which everything , from computing power to computing infrastructure, applications, business can be delivered to you as a service wherever and whenever you need.

 

Cloud computing has some essential characteristics: scalability depending on requirements, offers a way to increase capacity or add capabilities on the fly without investing in new infrastructure, eliminates the need for on-site personnel to maintain computer equipment. No up-front CAPEX (capital expenditure) required, as billing is a pay-as-you-go model, access to the very latest application programming interfaces (APIs).

 

SaaS (software as a service) is a type of cloud computing delivering a single application through the browser to thousands of customers using a multitenant architecture. On the customer side, it means no upfront investment in servers or software licensing; on the provider side, with just one app to maintain, costs are low compared to conventional hosting. SaaS is emerging to provide service to all aspects of an organisation`s activities in the areas of Manufacturing, ERP, Demand Forecasting, Advanced Planning, S&OP, Supply Chain, Warehousing, Transport Management and HR (human resource).

 

Business intelligence (BI) is a set of theories, processes and technologies that convert raw data into useful information for business purposes. BI can handle large amounts of information to help identify and develop new opportunities to gain market advantage over competitors. The amounts of data that are now being gathered as a result of because they are increasingly being gathered by a growing range of diverse and ubiquitous information-gathering devices.

 

These data sets become so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The trend to larger data sets is due to the additional information derivable from analysis of a single large set of related data, as compared to separate smaller sets with the same total amount of data. The current challenges of BIG DATA include the capture, storage, search and share capability, transfer, analysis, and visualisation. Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. This data is big data.

 

It is estimated that the world's technological per-capita capacity to store information has roughly doubled every 40 months since the 1980s. The challenge for large enterprises is determining who should own big data initiatives that straddle the entire organisation and how this data can be used as a source of revenue and to gain competitive advantage.

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