Alfa Romeo Racing ORLEN will have a high-tech boost ahead of the start of the 2020 season as a global ICT leader, Acer joins as official partner.
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.
Breaking down internal barriers in companies crucial amid increasing digitisation, Accenture study finds
Jun 23, 2020 Comments (0)
Many companies do not realise the full value of investing in digital projects due to a lack of collaboration among their critical business functions, according to a new study by Accenture (NYSE: ACN).
Jun 18, 2020 Comments (0)
Now in its 12th year, the esteemed Make UK awards acknowledge and reward the extraordinary work of the UK manufacturing sector. The 2020 Make UK Awards seek to recognise leading lights within the manufacturing industry, looking for those apprentices and businesses that have made significant contributions across the industry.
Giesecke+Devrient: Greater focus on cybersecurity a must as corona pandemic leads to surge in digitisation
Jun 17, 2020 Comments (0)
The spread of the corona pandemic has shifted large parts of work and communication into digital space within a very short time. It has become obvious: The security of networks and communication infrastructures is more important than ever - especially in light of increasing cyber threats.
Jun 16, 2020 Comments (0)
With the government now a week into its 50-page roadmap out of lockdown, a new report suggests that UK manufacturing firms were one of the least prepared sectors for the rise of flexible working pre-lockdown.
Jun 10, 2020 Comments (0)
The evolution of the digital age has paved the way for manufacturers to adapt their retail channels by selling directly to consumers. But beyond the desire to drive more direct sales, what’s in it for manufacturers and B2B businesses?
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Jun 10, 2020 Comments (0)
The UK public stands firmly behind the manufacturing sector to support the UK and protect the NHS through coronavirus and into the future.
Razor wins place on the AMRC’s million pound digital framework to inspire innovation in British manufacturing
Jun 09, 2020 Comments (0)
Razor has been selected by the University of Sheffield Advanced Manufacturing Research Centre (AMRC) in a landmark framework for the region worth up to 7 figures in groundbreaking digital capabilities.
Mobility verticals such as EV, vehicle rental, and connectivity solutions unlock new opportunities for OEMs
Jun 09, 2020 Comments (0)
Frost & Sullivan’s recent analysis, COVID-19 Growth Impact Assessment for the Automotive Industry, 2020, presents the impact of the pandemic on the automotive sector under three scenarios – gradual containment, severe pandemic, and global emergency – resulting in outcomes ranging from steady recovery to recession.
Jun 08, 2020 Comments (0)
The modern workplace is constantly evolving to meet employees’ and customers’ changing needs and keep up with digital transformation. These pressures require businesses to adapt their ways of working to remain innovative and competitive in the marketplace.
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.