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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UK manufacturers could be hit hard by latest holiday pay ruling

UK manufacturers could be hit hard by latest holiday pay ruling

A recent ruling in the Northern Ireland Courts could have a significant impact on UK manufacturing businesses that still aren't including overtime payments, allowances or some commission payments in holiday pay.

Mid-sized manufacturers feel like a ‘small fish’ to their bank

Mid-sized manufacturers feel like a ‘small fish’ to their bank

Research from Wyelands Bank, set up to help small and medium businesses, shows UK mid-sized manufacturers don’t feel valued by their banks. They struggle to access the tailored financial services they need to grow, putting a brake on UK manufacturing growth and job creation.

The Holmes and Watson of data computation – Why edge and cloud computing are best used in harmony

The Holmes and Watson of data computation – Why edge and cloud computing are best used in harmony

Sherlock Holmes and Dr John Watson both contributed essential qualities to the duo — Holmes provided the brains and Watson kept the detective on the straight and narrow.

Automation in the spotlight as business confidence remains below the long term average

Automation in the spotlight as business confidence remains below the long term average

Lloyds Business Barometer has shown that business confidence is still below the long-term average. In wake of this low confidence, businesses are under mounting pressure to become more efficient.

Manufacturers falling drastically short in efforts to digitise supply chain, survey finds

Manufacturers falling drastically short in efforts to digitise supply chain, survey finds

Manufacturers with large supply chains are struggling to digitise interaction with their suppliers despite huge desire to do so, according to a new study.

Food and Beverage Industry Trends - an Epicor white paper

Food and Beverage Industry Trends - an Epicor white paper

An Epicor White Paper

This report looks at some of the key industry and consumer trends that have arisen in recent years, how they affect food and beverage manufacturers, what to expect in the near future, and how to stay ahead of the changes to thrive in this dynamic, evolving market.

‘Lack of UK economic certainty’ is biggest concern for UK Manufacturers, according to Santander Corporate & Commercial poll

‘Lack of UK economic certainty’ is biggest concern for UK Manufacturers, according to Santander Corporate & Commercial poll

More than half (52%) of UK manufacturers think that ‘a lack of UK economic certainty’ is the most pressing concern for business, according to a new snapshot poll1 by Santander Corporate & Commercial.

Dramatic cost reductions set to transform microLED displays into mass-market products, IHS Markit says

Dramatic cost reductions set to transform microLED displays into mass-market products, IHS Markit says

Rising from negligible levels this year, the global market for microLED displays is expected to grow to 15.5 million units in 2026 as steep declines in manufacturing costs make the emerging technology suitable for the mass market, according to the recently released IHS Markit Micro LED Display Technology & Market report.

With Solid Edge and an integrated PDM system, Interstuhl connects product development locations and departments

With Solid Edge and an integrated PDM system, Interstuhl connects product development locations and departments

Interstuhl GmbH in Meßstetten-Tieringen on the Swabian Alb has developed from a village smithy into a leading manufacturer of seating furniture for professional use. The company develops and manufactures products of the Interstuhl brand for the office and the Bimos brand for industry and laboratories, and 42% are exported from Germany.

Digital health & care leader Tunstall modernizes IT landscape with comprehensive IFS cloud solution

Digital health & care leader Tunstall modernizes IT landscape with comprehensive IFS cloud solution

IFS, the global enterprise applications company, has announced that Tunstall, provider of digital health & care solutions, has selected IFS Applications as its enterprise resource planning (ERP) system of record.

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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