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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Food industry urged to establish solid foundations before new technologies can benefit food safety

1 Food industry urged to establish solid foundations before new technologies can benefit food safety

The food industry has been warned that AI technology is no magic bullet to ensure food safety and that developing the right culture must be the first step.

Manufacturers enter 2024 on knife edge as output falls in December

2 Manufacturers enter 2024 on knife edge as output falls in December

Commenting on the latest CIPS UK Manufacturing Purchasing Managers’ Index which has fallen to 46.2, Mike Thornton, national head of manufacturing at RSM UK, said: “The manufacturing PMI in December continued to show signs of stability at 46.2, down only marginally from 47.2 in December.

1 in 5 project professionals working in manufacturing are not disclosing neurodivergent condition to employers – APM research reveals

3 1 in 5 project professionals working in manufacturing are not disclosing neurodivergent condition to employers – APM research reveals

Almost one in five project management professionals working in the manufacturing sector who consider themselves to be neurodivergent have not told their employer about their condition, according to a new survey by the Association for Project Management (APM), the chartered membership organisation for the project profession.

Made Smarter-backed Spice Kitchen targets £2m sales and new jobs with tech investment

4 Made Smarter-backed Spice Kitchen targets £2m sales and new jobs with tech investment

A manufacturer of spice products is forecast to double productivity and sales to £2m and create new jobs after investing in data and systems technologies, with the support of Made Smarter.

What is a digital twin and why does it matter?

5 What is a digital twin and why does it matter?

Digital twin technology represents a quicker and more cost-effective route to market for new products. It is one of the fastest growing segments in engineering, with analysts McKinsey & Co forecasting that the global market for digital twin tech will grow by about 60 percent annually, reaching USD 73.5 billion by 2027.

UK manufacturers slow to upskill workforces with the use of AI

6 UK manufacturers slow to upskill workforces with the use of AI

Artificial intelligence (AI) is unlikely to be the next big trend in the retail and e-commerce sector after new analysis found it ranks bottom in the proportion of job vacancies requiring AI skills.

Artificial Intelligence (AI) and Cloud Transformation Dominate IT Investment Priorities for 2024 – Rackspace Technology Survey, in Association with VMware

7 Artificial Intelligence (AI) and Cloud Transformation Dominate IT Investment Priorities for 2024 – Rackspace Technology Survey, in Association with VMware

New research by Rackspace Technology, the end-to-end, hybrid multicloud technology solutions company, in association with VMware, finds that despite ongoing economic uncertainty, businesses are committed to prioritising their IT investments in 2024, particularly in transformative technologies such as artificial intelligence (AI) and cloud transformation.

High performance computing for automotive – IDTechEx

8 High performance computing for automotive – IDTechEx

By Dr James Jeffs, Senior Technology Analyst at IDTechEx, and Dr Yu-Han Chang, Senior Technology Analyst at IDTechEx. 

Computers on wheels. That's how people currently see cars. Practically everything that happens in a vehicle is being monitored and actuated by a microcontroller, from opening windows to calculating the optimal fuel-air mixture for the current torque demand.

Poor training linked to safety issues in manufacturing

9 Poor training linked to safety issues in manufacturing

New research conducted amongst learning and development (L&D) professionals across the UK’s high-risk industries, including manufacturing, utilities, construction and transport, reveals a clear link between annual industry fatality rates and the training available to employees.

Government policies need industrial strategy to unlock long-term manufacturing growth

10 Government policies need industrial strategy to unlock long-term manufacturing growth

The manufacturing PMI in November increased to 47.2, up from 44.8 in October, with the three-month upward trend showing stabilisation, which could be the light at the end of the tunnel the industry has been waiting for.

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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