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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Why UK manufacturers are sitting ducks for cyber criminals

Why UK manufacturers are sitting ducks for cyber criminals

By Myles Bray, VP EMEA for ForeScout.

Despite some volatility across today's national and international political landscape, the manufacturing sector in the UK continues to be a key growth driver for the economy. Last month, 14 of the 17 manufacturing subsectors reported growth.

Britain at the forefront of new technologies

Britain at the forefront of new technologies

Industry 4.0 is clearly a revolution in the making, with wide-scale implications for businesses, consumers and workers.

Onecom signs IoT partnership agreement with Sony Mobile

Onecom signs IoT partnership agreement with Sony Mobile

Onecom has signed a UK partnership agreement with Sony Mobile Communications to sell, support and develop its Internet of Things (IoT) products and services.

Epicor announces two new executive leaders to continue its focus on customers and grow the company’s global footprint

Epicor announces two new executive leaders to continue its focus on customers and grow the company’s global footprint

Epicor Software Corporation, the global provider of industry-specific enterprise software to promote business growth, has announced two new appointments to its executive leadership team.

Why ERP is the key to unlocking the future of retail

Why ERP is the key to unlocking the future of retail

Drop shipping has the potential to completely change the world of retail. However, as John Weber, Director of Business Development and Product Management at Aptean, explains, retailers need an effective ERP system to truly make the most of this new retail reality.

EEF conference addresses Brexit impact on manufacturing in the West of England

EEF conference addresses Brexit impact on manufacturing in the West of England

EEF, The Manufacturers' Organisation, hosted the Making Brexit Work – Preparing Manufacturers for Brexit conference in Bristol.

Oden Technologies raises $10M Series A from Atomico to fuel digital transformation in manufacturing

Oden Technologies raises $10M Series A from Atomico to fuel digital transformation in manufacturing

Oden Technologies has closed a US$10m (£7.6m) Series A round led by Atomico, with participation from existing investors including the EQT Ventures fund ("EQT Ventures") and Inbox Capital, and seed investors.

Aryaka enables Makino to respond to customers faster and transition to the Cloud

Aryaka enables Makino to respond to customers faster and transition to the Cloud

Aryaka, the global SD-WAN provider, has announced that Makino, a global provider of metal-cutting and manufacturing technology, selected its SD-WAN as-a-Service to respond to customers faster and enable the company's cloud migration.

Epicor recognises international partner success in the 2018 Partner Excellence Awards

Epicor recognises international partner success in the 2018 Partner Excellence Awards

Epicor Software Corporation, provider of industry-specific enterprise software to promote business growth, has announced the EMEA and APAC winners of the 2018 Epicor Partner Excellence Awards program at a ceremony during its annual international partner summit in Prague.

Recovery in manufacturing order books promising - CBI

Recovery in manufacturing order books promising - CBI

Manufacturing order books recovered and the volume of output increased strongly in the three months to June, according to the latest monthly CBI Industrial Trends Survey.

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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