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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New £53 million funding for UK manufacturers to boost competitiveness through digital tech

New £53 million funding for UK manufacturers to boost competitiveness through digital tech

Five brand new digital manufacturing research centres and projects to help supply chains become more productive are among recipients of £53 million of new government funding to drive the development of the latest digital manufacturing technologies, Investment Minister Lord Grimstone has announced.

New 5G Testbed as a Service business for manufacturers

New 5G Testbed as a Service business for manufacturers

The team behind the deployment of the first 5G network in a UK factory has launched a new company providing Testbed as a Service (TaaS) opportunities to manufacturers, accelerating its vision of smart manufacturing and digital innovation across Industry 4.0.

Digital transformation is the key to evolving the manufacturing workforce, says InfinityQS

Digital transformation is the key to evolving the manufacturing workforce, says InfinityQS

As younger workers enter the manufacturing sector, it is imperative that manufacturers enhance their digital transformation initiatives if they want to attract the best talent. This is according to Jason Chester, Director of Global Channel Programs at InfinityQS.

Lack of endpoint visibility costs a UK organisation £1.8 million over three years

Lack of endpoint visibility costs a UK organisation £1.8 million over three years

Tanium, the provider of endpoint management and security built for the world’s most demanding IT environments, has released findings of a study that highlights the potential savings that public and private sector European organisations could realise by improving endpoint visibility and control across their IT estates.

TrueCommerce EDI fits Trau & Loevner’s needs to a ‘tee’

TrueCommerce EDI fits Trau & Loevner’s needs to a ‘tee’

Started in 1897, Trau & Loevner is a true family-owned business operating out of the heart of Pittsburgh, PA. The company specializes in creating screen-printed T-shirts, tanks, hoodies, and other apparel, producing between 12,000-16,000 dozen t-shirts per week on average.

Health & Safety Considerations For Food Manufacturing

Health & Safety Considerations For Food Manufacturing

By Ed Smith, freelance journalist.

People have become much more aware about health and safety in recent times as a result of the pandemic, but this is nothing new and particularly in areas like food production where a lack of health and safety could have very serious reper-cussions for public health.

Optimising processes and safety in manufacturing with smart AI-enabled cameras

Optimising processes and safety in manufacturing with smart AI-enabled cameras

As global demand for produced goods continues to climb, manufacturing organisations are facing new challenges in meeting customer demand and elevated safety concerns along the supply chain due to a backlog of goods in transit.

Augury joins the World Economic Forum’s Global Innovators Community to transform the future of manufacturing with machine health

Augury joins the World Economic Forum’s Global Innovators Community to transform the future of manufacturing with machine health

Augury has joined the World Economic Forum’s Global Innovators Community. This invitation-only community is composed of the world’s most promising start-ups and scale-ups with cutting-edge business models and technologies.

AI protects consumers by disrupting £1.1 billion global market

AI protects consumers by disrupting £1.1 billion global market

The global golf ball market is estimated to be worth over £1.1 billion by 2025 with individual players spending upwards of £400 per year on golf balls.

Commvault partners with SoftwareONE as first global design partner for Metallic MSP offerings

Commvault partners with SoftwareONE as first global design partner for Metallic MSP offerings

Commvault, the Intelligent Data Services solutions provider across on-premises, cloud and SaaS environments, has launched a new partnership with SoftwareONE, provider of end-to-end software and cloud technology solutions.

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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