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.

RSS

Manufacturing sector found to be paying 1541% mark-up on technology products

Manufacturing sector found to be paying 1541% mark-up on technology products

IT suppliers managed to seize on chaotic price inflation following the Brexit vote to maximise their profits, according to the annual KnowledgeBus IT Margins Benchmarking Study.

Manufacturer's Digital Transformation projects held back by poor collaboration and skills deficit

Manufacturer's Digital Transformation projects held back by poor collaboration and skills deficit

The skills gap and lack of collaboration between IT and organisations' lines of business are the main factors hindering digital transformation in the manufacturing industry.

Fujitsu develops AI solution 'to revolutionise non-destructive testing manufacturing inspection'

Fujitsu develops AI solution 'to revolutionise non-destructive testing manufacturing inspection'

Fujitsu has developed AI technology that is claimed to significantly improve manufacturing quality control and defect detection by automatically analysing and diagnosing Non-Destructive Testing (NDT) ultrasonic scan data in just minutes, helping to pinpoint potential defects more rapidly and efficiently than existing processes.

London set to benefit most from Industry 4.0 job shift, says report

London set to benefit most from Industry 4.0 job shift, says report

The increased use of 'Industry 4.0' technologies within UK factories will not have a significant impact on overall employment levels in the manufacturing sector, but will cause a significant swing towards higher skilled positions which will most likely be distributed in London, according to a new study.

Cloud integral to Industry 4.0 reaching tipping point

Cloud integral to Industry 4.0 reaching tipping point

Business appetite for Industry 4.0 is growing, but we are yet to reach the tipping point where manufacturers have transformed into digital enterprises.

Ideagen listed in Gartner’s Market Guide for Corporate Compliance and Oversight Solutions

Ideagen listed in Gartner’s Market Guide for Corporate Compliance and Oversight Solutions

Gartner, the global information technology research and advisory firm, has listed Ideagen in its latest review of the Corporate Compliance and Oversight (CCO) Solutions market report.

The Supercomputing Race depends on Network Security

The Supercomputing Race depends on Network Security

By Alastair Hartrup, Global CEO of Network Critical.

The speed and processing power of modern day computers is astonishing. High Performance Computing (HPC) technologies are developing at an astronomical rate.

Finding the right EDI provider

Finding the right EDI provider

Having the right EDI provider is vital. Stefan Köhler, Sales Director at Data Interchange offers guidance on what makes a good one.

SME manufacturers in the UK are more confident around revenue growth, despite Brexit uncertainties, skills shortages and production cost rises

SME manufacturers in the UK are more confident around revenue growth, despite Brexit uncertainties, skills shortages and production cost rises

The sixth annual MHA Manufacturing and Engineering report, compiled by MHA, the UK-wide group of accountancy and business advisory firms, supported by Lloyds Bank Commercial Banking and in association with the Institution of Mechanical Engineers, reveals an industry delivering revenue growth and with increased optimism this will continue in the coming year.

Forrester names MicroStrategy a leader in enterprise BI Platforms Report

Forrester names MicroStrategy a leader in enterprise BI Platforms Report

MicroStrategy Incorporated, provider of enterprise analytics and mobility software, has announced that Forrester Research, Inc. has cited MicroStrategy as a leader in "The Forrester Wave: Enterprise BI Platforms With Majority On-Premises Deployments, Q3 2017" report.

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.