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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Recovery in manufacturing order books promising - CBI

Recovery in manufacturing order books promising - CBI

Manufacturing order books recovered and the volume of output increased strongly in the three months to June, according to the latest monthly CBI Industrial Trends Survey.

Extreme Networks introduces AI-powered edge network solution to accelerate business transformation for enterprise customers

Extreme Networks introduces AI-powered edge network solution to accelerate business transformation for enterprise customers

The convergence of technology, users and devices at the network edge, coupled with insatiable demand for secure, reliable connectivity, has created unprecedented complexity for enterprise IT teams that need to manage it all.

'Shock to the system' as managers in manufacturing see real terms pay drop and directors' bonuses slashed

'Shock to the system' as managers in manufacturing see real terms pay drop and directors' bonuses slashed

New data from the Chartered Management Institute (CMI) and XpertHR show basic salaries and bonuses for directors and senior managers in manufacturing have fallen in real terms, with inflation overtaking pay increases.

Rimini Street EMEA State of Innovation Readiness survey reveals an inconsistent approach among industries

Rimini Street EMEA State of Innovation Readiness survey reveals an inconsistent approach among industries

The Rimini Street State of Innovation Readiness Study, conducted by Vanson Bourne, has revealed troublingly inconsistent approaches to innovation among industries across the region.

The legacy skills gap is reaching a crisis point, warns TmaxSoft

The legacy skills gap is reaching a crisis point, warns TmaxSoft

Despite the rush of enterprises to become digitally mature, many organisations are being held back by their reliance on legacy infrastructure that cannot keep up with the pace of innovation.

Raising a toast to greater IT efficiency

Raising a toast to greater IT efficiency

Manufacturing & Logistics IT takes a look at Loch Lomond Group's IT estate and the business and operational benefits these systems bring to the company.

Loch Lomond Group is a company behind some of Scotland's most highly regarded artisan whisky brands. Founded in 1814, Loch Lomond Whiskies can trace its roots back to the Littlemill distillery, which was established in 1772 and is thought to be one of the oldest in the world

EACS announces partnership with The Robotic Workforce

EACS announces partnership with The Robotic Workforce

IT managed services provider EACS has formed a collaborative partnership with intelligent automation specialist The Robotic Workforce.

Customer connection missing as manufacturers yet to produce rewards from Industry 4.0

Customer connection missing as manufacturers yet to produce rewards from Industry 4.0

Manufacturers are yet to use Industry 4.0 operating principles such as interoperability, transparency and decentralization to get closer to customers, suppliers and distributors, according to a new Oracle study.

Paradise lost and found: how AI and analytics found the UK’s best place

Paradise lost and found: how AI and analytics found the UK’s best place

By John Spooner, Head of Data Science at SAS UK & Ireland.

You may never have heard of it, but the small, West Yorkshire town of Hebden Bridge is the UK's best place to live. Whenever a value judgement like this is made it's easy to dismiss it as subjective.

Toshiba announces new solutions to Windows 10-based Assisted Reality smart glasses

Toshiba announces new solutions to Windows 10-based Assisted Reality smart glasses

Toshiba has announced the arrival of new capabilities to its recently launched dynaEdge DE-100 and AR100 Viewer Assisted Reality smart glass solution, designed to provide leading workflow enhancements to the manufacturing and maintenance sectors.

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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