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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UK Automotive productivity up 208% since 1999, as industry highlights 20 years of sustainability gains

UK Automotive productivity up 208% since 1999, as industry highlights 20 years of sustainability gains

The progress of UK Automotive in sustainable development is revealed by new data published the Society of Motor Manufacturers and Traders (SMMT).

European Commission launches Evolve Project to tackle big data processing

European Commission launches Evolve Project to tackle big data processing

Evolve is a project funded by the European Commission under the Horizon 2020 Research and Innovation programme.

CloudNC launches ‘a new gold standard’ for UK manufacturing

CloudNC launches ‘a new gold standard’ for UK manufacturing

London-based CloudNC has launched what it describes as a new era for CNC machined parts with the opening of the first of several planned UK factories offering aerospace-grade quality at a fraction of the price of existing alternatives.

IRI launches new solutions to democratise decision-making

IRI launches new solutions to democratise decision-making

IRI – provider of big data, predictive analytics and forward-looking insights for FMCG retailers and manufacturers – has launched new solutions to automate the process of identifying insights, removing the need for complex data mining.

Acronis introduces new secure cyber protection for SAP HANA

Acronis introduces new secure cyber protection for SAP HANA

Acronis has extended the easy, efficient, and secure backup and recovery capabilities of Acronis Backup to SAP HANA data.

CloudNC launches a new gold standard for UK manufacturing

CloudNC launches a new gold standard for UK manufacturing

London-based CloudNC has launched what it believes to be a new era for CNC machined parts with the opening of the first of several planned UK factories offering aerospace-grade quality at a fraction of the price of existing alternatives.

UK manufacturers could be hit hard by latest holiday pay ruling

UK manufacturers could be hit hard by latest holiday pay ruling

A recent ruling in the Northern Ireland Courts could have a significant impact on UK manufacturing businesses that still aren't including overtime payments, allowances or some commission payments in holiday pay.

Mid-sized manufacturers feel like a ‘small fish’ to their bank

Mid-sized manufacturers feel like a ‘small fish’ to their bank

Research from Wyelands Bank, set up to help small and medium businesses, shows UK mid-sized manufacturers don’t feel valued by their banks. They struggle to access the tailored financial services they need to grow, putting a brake on UK manufacturing growth and job creation.

The Holmes and Watson of data computation – Why edge and cloud computing are best used in harmony

The Holmes and Watson of data computation – Why edge and cloud computing are best used in harmony

Sherlock Holmes and Dr John Watson both contributed essential qualities to the duo — Holmes provided the brains and Watson kept the detective on the straight and narrow.

Automation in the spotlight as business confidence remains below the long term average

Automation in the spotlight as business confidence remains below the long term average

Lloyds Business Barometer has shown that business confidence is still below the long-term average. In wake of this low confidence, businesses are under mounting pressure to become more efficient.

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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