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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Manufacturing celebrates its stars at national award ceremony

Manufacturing celebrates its stars at national award ceremony

Dynamic manufacturers and talented apprentices from across the UK were recognised as national manufacturing champions at the EEF Future Manufacturing Awards held in London last week.

Aryaka and Radware work together to deliver SD-WAN and security to global enterprises

Aryaka and Radware work together to deliver SD-WAN and security to global enterprises

Aryaka has announced a new technology partnership with Radware a global provider of cyber security solutions and application delivery for virtual, cloud and software defined data centres, to implement best-in-class DDoS (Distributed Denial of Service) attack detection and mitigation for its global enterprise services.

Relaxed rules for business travellers in the manufacturing sector

Relaxed rules for business travellers in the manufacturing sector

Nearly a third of manufacturing professionals who travel for business claim that there are no set allowances for dining or accommodation when they travel, The Heathrow Express Business Travel Insights Report reveals.

Epicor announces two new executive leadership appointments to take company through next phase of growth

Epicor announces two new executive leadership appointments to take company through next phase of growth

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has made two new appointments to the executive leadership team.

Digi International Introduces NEW Digi XBee3 Series of Smart Edge IoT Modules and Modems

Digi International Introduces NEW Digi XBee3 Series of Smart Edge IoT Modules and Modems

Digi International, the global provider of Internet of Things (IoT) connectivity products and services, has announced the availability of the Digi XBee3 series of next-generation RF modules and cellular modems.

Three game-changers for the manufacturing industry in 2018

Three game-changers for the manufacturing industry in 2018

IoT being built into the product design, manufacturers adopting a more service-centric business model and 3D-printing reaching the tipping point of realizing business benefits on a large scale.

Office Depot pivots to a new future with Oracle Cloud Applications

Office Depot pivots to a new future with Oracle Cloud Applications

Office Depot, Inc., the omnichannel provider of business services, products and technology, selected Oracle Cloud Applications to modernise its IT systems and transform its business processes to meet the demands of today's digital economy.

SolutionsPT and Schneider Electric to host OT cyber security events

SolutionsPT and Schneider Electric to host OT cyber security events

Industrial software provider SolutionsPT, together with Schneider Electric, is hosting a series of OT cyber security events, aimed at helping manufacturers protect their industrial control systems and critical infrastructure.

UK manufacturing sector holds the line as bad debt looms, data from Creditsafe reveals

UK manufacturing sector holds the line as bad debt looms, data from Creditsafe reveals

Building on its recovery last quarter, the UK manufacturing sector has posted another solid performance across key financial indicators, as sales rose 3.94% and active companies increased by 16.66% year-on-year, according to new figures from the Creditsafe Watchdog Report.

New AI module from Rockwell Automation models, monitors and optimises industrial operations

New AI module from Rockwell Automation models, monitors and optimises industrial operations

Creating diagnostic analytics solutions in industrial operations has long required expert data scientists with a deep understanding of the specific application to be analysed.

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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