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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Midlands manufacturers to benefit from new centre for data-driven metrology

Midlands manufacturers to benefit from new centre for data-driven metrology

Three Midlands universities are combining their specialist knowhow to form a new virtual centre for data-driven metrology to assist UK manufacturers in achieving efficiency gains, cost savings and manufacturing process flexibility.

African and Eastern European translations increase as manufacturing businesses expand outside EU

African and Eastern European translations increase as manufacturing businesses expand outside EU

New data suggests a surge in manufacturing business growth in territories such as Africa and Eastern Europe, with business materials being translated into languages such as Zulu, Afrikaans, Serbian and Macedonian at least 2,000 per cent more than three years ago.

81% of business managers in the manufacturing industry agree that a modern IT infrastructure accelerates innovation, creativity and productivity

81% of business managers in the manufacturing industry agree that a modern IT infrastructure accelerates innovation, creativity and productivity

Riverbed has launched its expanded ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’ Study, focused on the manufacturing industry, a critical sector for Germany.

Compare leading ERP solutions at the Lumenia ERP HEADtoHEAD virtual event

Compare leading ERP solutions at the Lumenia ERP HEADtoHEAD virtual event

Are you in the market for a new ERP? Or frustrated with your current ERP system? The Lumenia ERP HEADtoHEAD event offers a unique opportunity to compare the leading ERP vendors and their products.

81% of business managers in the manufacturing industry agree that a modern IT infrastructure accelerates innovation, creativity and productivity

81% of business managers in the manufacturing industry agree that a modern IT infrastructure accelerates innovation, creativity and productivity

Riverbed has launched its expanded ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’ Study, focused on the manufacturing industry, a critical sector for Germany.

Prime Minister meets the team behind the UK’s forthcoming Vaccines Manufacturing and Innovation Centre

Prime Minister meets the team behind the UK’s forthcoming Vaccines Manufacturing and Innovation Centre

UK Prime Minister Boris Johnson has visited the construction site of the rapidly developing UK’s Vaccines Manufacturing and Innovation Centre (VMIC) at Harwell Science and Innovation Campus.

A simple idea leads to a water pump with the power to change the world

A simple idea leads to a water pump with the power to change the world

Using Solid Edge enables farmers in the developing world to exchange five hours of carrying buckets for one hour of pumping.

How BH Cosmetics took its cruelty-free vegan and inclusive products global with the help of Techcloudpro and Avectous

How BH Cosmetics took its cruelty-free vegan and inclusive products global with the help of Techcloudpro and Avectous

When the vegan and cruelty-free cosmetics company BH Cosmetics wanted to take its inclusive product line global, they knew the challenge involved in scaling to become a mass supplier globally, at a competitive price, and providing the same customer experience across geographies.

FMB Oxford deploys Epicor ERP to boost efficiency and increase sales

FMB Oxford deploys Epicor ERP to boost efficiency and increase sales

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced that FMB Oxford Limited – a multi-disciplinary engineering company – has implemented Epicor ERP across a broad spectrum of business processes, from finance to manufacturing, placing the solution at the heart of its business operations.

Government invests £147 million in Manufacturing Made Smarter to transform UK manufacturing

Government invests £147 million in Manufacturing Made Smarter to transform UK manufacturing

The Government will be investing £147 million in the Manufacturing Made Smarter challenge to transform UK manufacturing capabilities through the development and adoption of Industrial Digital Technologies (IDTs).

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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