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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Digital transformation of manufacturing industries to drive adoption of manufacturing operations management (MOM) software market: TMR

Digital transformation of manufacturing industries to drive adoption of manufacturing operations management (MOM) software market: TMR

According to a new market report pertaining to the global manufacturing operations management software market, the global manufacturing operations management software market is projected to reach a value of US$ 17 Bn by 2027. The MOM software market is projected to expand at a CAGR of ~10% from 2019 to 2027.

How to develop traceability solutions for industry 4.0 using safe marking and identification systems

How to develop traceability solutions for industry 4.0 using safe marking and identification systems

Industry 4.0 technologies provide companies not just with the possibility of quickly and systematically determining errors, but actually avoiding errors during the manufacturing processes and thus improving quality.

With the latest White Paper from Datalogic, learn more about how traceability systems can be implemented and what benefits they bring.

Champions for manufacturing honoured at awards

Champions for manufacturing honoured at awards

The winners of the Cornwall Manufacturers Group (CMG) awards have been announced, celebrating the best and brightest of manufacturing talent in the county.

The White Label World Expo UK

The White Label World Expo UK

The White Label World Expo is the leading online retail sourcing show, making it the perfect destination for manufacturers to showcase their products to a rapidly growing market. Based in four countries over three continents, it truly is a global event reaching a truly global audience.

UK trade volumes fall but number of manufacturers exporting rises

UK trade volumes fall but number of manufacturers exporting rises

UK exports fell in Q3 amid a global slowdown in economic growth and rising international trade tensions, according to the latest Lloyds Bank International Trade Index, compiled in partnership with IHS Markit.

Werum IT Solutions honoured with Frost & Sullivan Customer Value Leadership Award 2019

Werum IT Solutions honoured with Frost & Sullivan Customer Value Leadership Award 2019

Based on its recent analysis of the global manufacturing execution system (MES) market for pharmaceuticals, biotechnology, and cell & gene therapies, Frost & Sullivan recognises Werum IT Solutions with the 2019 Global MES for Pharmaceuticals, Biotechnology, and Cell & Gene Therapies Customer Value Leadership Award.

Business school to create a generation of disruptors and digital entrepreneurs through new futuristic programme

Business school to create a generation of disruptors and digital entrepreneurs through new futuristic programme

SurreyIDEA, an innovative academy, claims to be the first of its kind in Europe, providing a novel and progressive learning experience that enables students to gain valuable skills in an interactive format free from prohibitive entry requirements solely based on academic qualifications. Now, the school is launching a high-tech programme to engage and inspire a younger demographic.

UNEX Manufacturing showcases lean manufacturing solutions at Assembly Show

UNEX Manufacturing showcases lean manufacturing solutions at Assembly Show

UNEX Manufacturing, Inc., the provider of order picking and space-saving solutions, will be showcasing its FlowCell Configurator along with FlowCells, Workstations, and Roller Rack in Booth 702 at The Assembly Show, October 22 – 24, 2019 in Rosemont, IL US.

Inappropriate behaviour at work is costing manufacturing workers their jobs, according to CV-Library findings

Inappropriate behaviour at work is costing manufacturing workers their jobs, according to CV-Library findings

New research from CV-Library, the UK independent job board, reveals that 51.2% of manufacturing employers have experienced inappropriate behaviour from their employees in the workplace, with 45% having to fire someone as a result.

InnuScience takes the lead with its IoT product monitoring system

InnuScience takes the lead with its IoT product monitoring system

Eco-friendly InnuScience believes it is the first cleaning product manufacturer in the UK to launch an Internet of Things (IoT) based product monitoring system.

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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