UK manufacturers reported the quickest falls in output volumes and total new orders since 2009 in the three months to April, while business optimism plunged at a record pace. That’s according to the latest CBI quarterly Industrial Trends Survey.
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.
May 04, 2020 Comments (0)
Apr 29, 2020 Comments (0)
Food and drink businesses defied an overall drop in UK exports during the first quarter of 2020 as supply chain disruption and international efforts to combat coronavirus hit overseas sales of goods and services, according to the Lloyds Bank International Trade Index.
Apr 29, 2020 Comments (0)
Including free starter pack on how to build a successful data archiving strategy
Apr 28, 2020 Comments (0)
Business tool Zoom has seen a 20 fold increase in users recently, as COVID-19 forces millions to work from home. However, reported problems with privacy and security have sparked concern about using video conferencing tools amongst governments and businesses worldwide.
Cambian Engineering Solutions uses Siemens Digital Industries Software solution to optimise design by linking to virtual reality
Apr 22, 2020 Comments (0)
Members of the team at Cambian Engineering Solutions are not only designers and fabricators; they are also riders and climbers with a sound understanding of what creates the best experience when navigating a skate park or a climbing wall.
Top tips when making an application for the Government’s Job Retention Scheme and a warning to get it right
Apr 22, 2020 Comments (0)
HM Revenue & Customs (‘HMRC’) opened taking Job Retention Scheme (‘JRS’) applications at 8am today (Monday) but employers must make sure that their claims are correct and are accurate - those that don’t risk being seen as fraudulent, say London tax and advisory firm Blick Rothenberg
Apr 22, 2020 Comments (0)
There is rarely, if ever, a one-size-fits-all approach to manufacturing. It is important that site managers know what considerations to make when choosing an industrial robot to automate their processes. Here Jonathan Wilkins, director of industrial parts supplier EU Automation, discusses what manufacturers should consider when choosing what type of robot to invest in.
Apr 16, 2020 Comments (0)
America and its allies won World War II in large part because of our country’s massive manufacturing effort. The number of tanks, planes, trucks, ammunition and other essential war materials produced within a few years was unprecedented. These gave us an unbeatable advantage over our enemies on the land, in the sea and in the air.
Apr 14, 2020 Comments (0)
When it comes to the Internet of Things (IoT) the potential for our lives, businesses and industries as a whole to completely transform and improve, from the data being collected from sensors and apps, has never been greater.
Apr 09, 2020 Comments (0)
UK manufacturers are facing a precarious future according to insights1 from fintech business lender MarketFinance. Over two thirds (68%) reported their order books have halved in the last 30 days. To compound matters, the majority (67%) have less than £50,000 cash and without any support will run out of money before the end of the month.
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.