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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Smart Manufacturing Alliance to launch on 13 October with support of top industry leaders

Smart Manufacturing Alliance to launch on 13 October with support of top industry leaders

The Smart Manufacturing Alliance is a brand new sector network for Cambridgeshire & Peterborough. Established as a joint venture between economic development company, Opportunity Peterborough, and the Cambridgeshire & Peterborough Combined Authority, the Alliance has been tasked with building on the sector’s strengths in the region to develop a world-class manufacturing cluster.

Manufacturers too complacent about digital transformation, new report warns

Manufacturers too complacent about digital transformation, new report warns

New research has revealed that the manufacturing industry is dangerously underestimating the role that technology will play in building a sustainable operation that can thrive in the face of future pandemics, the climate crisis, and economic and political instability.

Practical Tips To Reduce Costs For Your Manufacturing Business

Practical Tips To Reduce Costs For Your Manufacturing Business

By John Moran, freelance writer.

Manufacturing is an industry that will definitely always be around, although that does not mean that manufacturers don't often find themselves needing to reduce costs for various impending reasons.

ERP System comparison and lots more at the Lumenia ERP HEADtoHEAD™ virtual event

ERP System comparison and lots more at the Lumenia ERP HEADtoHEAD™ virtual event

Are you in the market for a new ERP or frustrated with your current system? Are you unsure which solutions to shortlist? The Lumenia ERP HEADtoHEAD full-scale virtual event offers a unique opportunity to compare leading ERP solution providers and their products.

New academic year at Make UK sees 41% increase in apprenticeship intake

New academic year at Make UK sees 41% increase in apprenticeship intake

Make UK has welcomed the latest new cohort of 170 engineering apprentices to its Technology Hub in Aston, Birmingham - a 41% year-on-year increase in its intake.

Markforged releases Eiger Fleet to scale additive manufacturing

Markforged releases Eiger Fleet to scale additive manufacturing

RAPID + TCT 2021, Markforged, creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, has announced Eiger Fleet, a cloud-based software solution designed to accelerate the adoption of additive manufacturing operations at scale.

M-Files receives highest score in two use cases in Updated Gartner Critical Capabilities for Content Services Platforms Report

M-Files receives highest score in two use cases in Updated Gartner Critical Capabilities for Content Services Platforms Report

M-Files, the intelligent information management company, has announced the company has received the highest score in the Content Services Platform Consolidation and the Digital Business Transformation Use Cases in the updated Gartner Inc. Critical Capabilities for Content Services Platforms Report.

The rise of the machines: how robotics and automation are creating jobs in manufacturing

The rise of the machines: how robotics and automation are creating jobs in manufacturing

SME manufacturers adopting robotics and automation, with the support of Made Smarter, are creating hundreds of new and upskilled jobs.

New funding boosts the UK’s future in Quantum manufacturing

New funding boosts the UK’s future in Quantum manufacturing

Ionoptika Ltd and the University of Surrey have been awarded project grants worth a total of £425,000.00 from Innovate UK, the UK’s innovation agency, to expand their research into new manufacturing technologies for quantum devices.

ECI Software Solutions acquires Deacom

ECI Software Solutions acquires Deacom

ECI Software Solutions, the cloud-based business management solutions provider, has completed the acquisition of Chesterbrook, PA-based Deacom, Inc., a provider of ERP software for batch and process manufacturers. Terms of the deal were not disclosed.

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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