Research from Wyelands Bank, set up to help small and medium businesses, shows UK mid-sized manufacturers could be missing out on £183bn in revenues due to insufficient access to finance.
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.
Apr 03, 2019 Comments (0)
Throughout the first quarter of 2019, NorthScope ERP upgraded its Fisherman Accounting features for Alaska Seafood Processors.
Mar 27, 2019 Comments (0)
Increased costs and rising political instability may be driving manufacturers to reduce sourcing from China in favour of doing more business with European suppliers, data in a new report suggests.
Mar 26, 2019 Comments (0)
Manufacturing & Logistics IT spoke to a number of experts from the vendor and analyst communities about current trends and areas of development within the world of ERP – including those concerning integration, digital optimisation and the Cloud.
Participants include Panorama Consulting, Frost & Sullivan, Aberdeen Group, Gartner, Epicor, QAD.
Mar 13, 2019 Comments (0)
The UK is on the precipice of significant industrial disruption and Scottish businesses must be prepared and supported by Government to stay competitive. This was the message shared by Paul Sweeney, Labour and Co-Operative MP for Glasgow North East and Shadow Scotland Minister, as he visited the main office of industrial automation expert Novotek UK and Ireland in Glasgow.
Continuous Testing is growing, but technology and team structures must improve for organisations to gain a competitive advantage
Mar 13, 2019 Comments (0)
Capgemini and Sogeti, part of the Capgemini Group, has released a new report on Continuous Testing, in collaboration with Broadcom Inc.’s Enterprise Software Division.
Mar 13, 2019 Comments (0)
The invention of the World Wide Web marked its 30th anniversary on 12 March 2019, with Sir Tim Berners-Lee, its creator, and leading figures in Britain’s technology sector coming together to celebrate at Downing Street.
Almost a third of SME manufacturers ‘moving supplier base from EU to UK’ – according to new research
Mar 13, 2019 Comments (0)
The latest quarterly insight into the SME manufacturing sector from SWMAS and partner Economic Growth Solutions, the UK SME Manufacturing Barometer, shows how the challenging economic and industrial climate is pushing UK manufacturers to carry significant risks as they move their supplier base out of the EU and invest precious cash reserves in stockpiling raw materials.
Mar 07, 2019 Comments (0)
Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced its latest release of DocStar ECM, offering comprehensive support for eSignatures.
Mar 06, 2019 Comments (0)
Barrie Timson has worked at Raleigh UK Ltd since 1989 and has held his current role since 2003. In this interview, Barrie discusses how he and his team worked with BEC to create and implement a new scanning and voice-enabled data capture solution designed to improve the company’s mission-critical processes, whilst bringing their picking, packing and despatch accuracy up to 99.9%.
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.