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

Firms must be ready to adapt to potential new regulations

Firms must be ready to adapt to potential new regulations

By Mark Hughes, regional vice president, UK and Ireland at Epicor Software.

The recent warning that the manufacturing sector is “woefully unprepared” for a no-deal Brexit serves as a stark reminder that firms must be ready to adapt to potential new regulations that could alter trade processes and possibly affect growth trajectories.

Siemens PLM Software solution enables Willingshofer to use a digital twin to verify and optimise designs

Siemens PLM Software solution enables Willingshofer to use a digital twin to verify and optimise designs

The primary business of Willingshofer GmbH is custom manufacturing of heavy machinery, including conveyor systems and industrial furnaces as well as hoisting and turning fixtures.

Virtustream to manage key part of Dell Digital’s ERP landscape in support of its multi-cloud strategy

Virtustream to manage key part of Dell Digital’s ERP landscape in support of its multi-cloud strategy

Virtustream, the enterprise-class cloud company and a Dell Technologies business, has announced that the Dell Digital team, which oversees the company’s IT and commerce systems, has partnered with Virtustream to migrate and manage Dell’s SAP-based ERP System, which includes SAP Business Warehouse, on Virtustream Enterprise Cloud.

Quality 4.0 changes the future of automotive body-in-white inspection

Quality 4.0 changes the future of automotive body-in-white inspection

The automotive industry is preparing for Industry 4.0 rollouts by making large-scale changes to all of their processes, from design and engineering to production and aftermarket.

Siemens blended training solution helps Daikin accelerate adoption of Teamcenter

Siemens blended training solution helps Daikin accelerate adoption of Teamcenter

Classroom training and customised e-learning quickly build user proficiency

UK manufacturers missing out on £183bn due to lack of finance

UK manufacturers missing out on £183bn due to lack of finance

Research from Wyelands Bank, set up to help small and medium businesses, shows UK mid-sized manufacturers could be missing out on £183bn in revenues due to insufficient access to finance.

NorthScope ERP makes Alaska Seafood Fish Ticket management easier

NorthScope ERP makes Alaska Seafood Fish Ticket management easier

Throughout the first quarter of 2019, NorthScope ERP upgraded its Fisherman Accounting features for Alaska Seafood Processors.

Manufacturers may be drawing back from China to ‘safer bet’ Europe, report finds

Manufacturers may be drawing back from China to ‘safer bet’ Europe, report finds

Increased costs and rising political instability may be driving manufacturers to reduce sourcing from China in favour of doing more business with European suppliers, data in a new report suggests.

Keeping ahead of the development curve – ERP Special Technology Report - March 2019

Keeping ahead of the development curve – ERP Special Technology Report - March 2019

Manufacturing & Logistics IT spoke to a number of experts from the vendor and analyst communities about current trends and areas of development within the world of ERP – including those concerning integration, digital optimisation and the Cloud.

Participants include Panorama Consulting, Frost & Sullivan, Aberdeen Group, Gartner, Epicor, QAD.

MP urges British industry to digitalise

MP urges British industry to digitalise

The UK is on the precipice of significant industrial disruption and Scottish businesses must be prepared and supported by Government to stay competitive. This was the message shared by Paul Sweeney, Labour and Co-Operative MP for Glasgow North East and Shadow Scotland Minister, as he visited the main office of industrial automation expert Novotek UK and Ireland in Glasgow.

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.

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter