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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Organisations tackle the ERP Innovator’s Dilemma – ‘keeping the lights on’ budgets fall to just 36%

Organisations tackle the ERP Innovator’s Dilemma – ‘keeping the lights on’ budgets fall to just 36%

Boomi, a Dell Technologies business, has revealed the findings from its ERP Innovator’s Dilemma survey. The independent research of 825 EMEA-based Enterprise Architects revealed how EMEA organisations are tackling ERP application modernisation and revealing how they will overcome barriers posed by the complex hybrid IT environments they operate in.

Lumenia Consulting hosts 15th ERP HEADtoHEAD event – Same great event, but on-line

Lumenia Consulting hosts 15th ERP HEADtoHEAD event – Same great event, but on-line

The Coronavirus/Covid-19 outbreak is affecting the world and challenging us all to change how we do business, as a direct result,  Lumenia Consulting were forced to host their 15th Lumenia ERP HEADtoHEAD event as a virtual on-line event. The event facilitated buyers of ERP to compare 11 leading ERP vendors and their solutions.

UK analytics software developer announces first US partnership

UK analytics software developer announces first US partnership

Fast-growing business intelligence and data analytics software developer Panintelligence has announced a partnership with a Boston-based fintech software firm. The partnership marks the first deal originated in the US for Panintelligence since the business established a Boston office in the city last year.

EMEA businesses rethinking legacy ERP - investment pumped into Modernisation and Innovation

EMEA businesses rethinking legacy ERP - investment pumped into Modernisation and Innovation

Boomi, a Dell Technologies business, has revealed the findings from its ERP Innovator’s Dilemma survey. The independent research of 825 EMEA-based Enterprise Architects revealed how EMEA organisations are tackling ERP application modernisation and revealing how they will overcome barriers posed by the complex hybrid IT environments they operate in.

Workers in critical services such as manufacturing and utilities can access their wages ahead of pay day, for free

Workers in critical services such as manufacturing and utilities can access their wages ahead of pay day, for free

Due to the ongoing crisis around COVID-19, Earnings on Demand platform Hastee is giving all workers - including those in key services such as manufacturing, utilities and facility management – free access to their earned wages before pay day for the next three months.

Manufacturers needed for rapid roll out of Coronavirus self-test

Manufacturers needed for rapid roll out of Coronavirus self-test

Scientists have appealed to industry to help fast produce a molecular test and smartphone app that can tell people in half an hour if they have Covid-19.

4 Reasons to go with a modular, cloud-based manufacturing solution

4 Reasons to go with a modular, cloud-based manufacturing solution

Implementing an MES (Manufacturing Execution System) can be an enormous undertaking as, in many cases, the system serves as a bridge between the shop floor and the management and is directly intervened in the production processes. MES projects can also be quite expensive due to high software and implementation costs.

EDI as a Service from Data Interchange enables new revenue and growth opportunities for the IT channel

EDI as a Service from Data Interchange enables new revenue and growth opportunities for the IT channel

EDI software provider, Data Interchange, has launched a partner-centric version of its DiNet service. This latest offering creates innovative partnership opportunities for the IT channel to provide enhanced EDI services and expertise to their customers, powered by Data Interchange.

Continued Convergence: Colliding worlds of IT and OT illuminated in Smart Factory survey

Continued Convergence: Colliding worlds of IT and OT illuminated in Smart Factory survey

New research, completed by teknowlogy Group, paints a clear picture of the need for increased investment for Smart Factory initiatives but with that also comes increased responsibility. The question is, where does this responsibility lie?

The future of manufacturing: humans will innovate, technology will facilitate

The future of manufacturing: humans will innovate, technology will facilitate

By Rob Hiron, Account Director, Kronos Incorporated. 

Technology has undoubtedly been – and will continue to be – a powerful force in revolutionising the manufacturing sector. Machinery and automation have been instrumental in speeding up production processes and helping workers do their jobs more effectively, and the increasing pace of automation in the modern age is very much front of mind for a large number of professionals in the sector.

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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