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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ERP selection: What today's project team Needs to Know

ERP selection: What today's project team Needs to Know

By Andrew Bolivar, Senior Consultant and Director, Centre of Excellence, Ultra Consultants.

For many small to medium-sized manufacturers, the time is now for selecting and implementing a new ERP solution or updating an existing one. Forrester Research estimates that half of companies using ERP systems are currently on releases that are at least two versions behind the current release.

Business expense burden causing financial stress for UK’s manufacturing employees

Business expense burden causing financial stress for UK’s manufacturing employees

A staggering 59% of manufacturing employees in the UK who regularly travel for business have suffered personal financial difficulties as a result of paying for expenses out of their own pocket.

Marketing could be improved, say manufacturers

Marketing could be improved, say manufacturers

Managers of manufacturing companies say there is room for improvement in their marketing activities, according to a recent survey.

Commissioned by Birmingham-based Cognition Agency, the survey showed 74% of companies using online advertising, 67% with a social media presence, and 65% taking advantage of online content.

Global weather fluctuation reduces global wheat production down 33 million tonnes to 726 million tonnes in 2018

Global weather fluctuation reduces global wheat production down 33 million tonnes to 726 million tonnes in 2018

Informa's Agribusiness Intelligence is predicting global production of wheat will be down year on year in 2018.

Public believes manufacturing vital for future of post-Brexit economy – EEF/Womble Bond Dickinson survey

Public believes manufacturing vital for future of post-Brexit economy – EEF/Womble Bond Dickinson survey

A new poll shows that the general public thinks manufacturing is hugely important to the future of the UK economy post-Brexit and that Government should place more value on it, but there are massive misperceptions about the pay and opportunities it offers, as well as its world ranking.

EACS joins forces with technology leader Actifio to expand cloud-focused Data-as-a-Service offerings

EACS joins forces with technology leader Actifio to expand cloud-focused Data-as-a-Service offerings

Managed services provider EACS has announced a new strategic alliance with Actifio, the enterprise Data-as-a-Service (DaaS) software provider.

CeMAT RUSSIA 2018 (19–21 September in Moscow)

CeMAT RUSSIA 2018 (19–21 September in Moscow)

Featuring some 200 exhibitors, CeMAT RUSSIA begins its three-day run on 19 September. All signs are positive, also thanks to the steadily growing demand for intralogistics solutions in Russia.

DynaSys Recognized as a Challenger in Gartner Magic Quadrant for Supply Chain Planning Systems of Record

DynaSys Recognized as a Challenger in Gartner Magic Quadrant for Supply Chain Planning Systems of Record

DynaSys positioned the furthest for Completeness of Vision in the Challengers quadrant

UK and German manufacturers confident they can meet the challenges of Brexit but call for clarity

UK and German manufacturers confident they can meet the challenges of Brexit but call for clarity

New research from European service logistics specialist, Carousel Logistics, has revealed that almost half of UK and German manufacturing businesses believe they have time to prepare their supply chains for Brexit, but they have called for clarity to allow them to do so.

Epicor wins two international business awards

Epicor wins two international business awards

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has been named a Stevie Award winner in two categories of the 15th annual International Business Awards (IBA).

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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