SME manufacturers, supported by Made Smarter, are tapping into digital talent to help put technology at the heart of their growth plans.
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.
New Critical Manufacturing and Tata Consultancy Services Ltd partnership ‘will deliver modern MES for complex discrete manufacturers’
Jun 04, 2020 Comments (0)
Critical Manufacturing has entered into a global Consulting and Services partnership with Tata Consultancy Services Ltd. (TCS), the global IT services, consulting and business solutions provider.
Jun 02, 2020 Comments (0)
In early 2020, a series of targeted attacks on industrial organisations in various regions was reported. According to the latest Kaspersky ICS CERT findings, these hits were focused on systems in Japan, Italy, German, and the UK.
Another welcome move by the Chancellor, but productivity could be impacted through the new flexible furlough scheme
Jun 02, 2020 Comments (0)
The Chancellor’s announcements on the Job Retention Scheme are welcomed and more generous than anticipated, but the flexible furlough could lead to higher Government costs and hit productivity, says tax and advisory firm Blick Rothenberg.
Jun 01, 2020 Comments (0)
As millions of people across the globe return to work, safety remains a top concern for workers and businesses alike. However, a single case of COVID-19 can potentially close an entire facility and require decontamination before operations can restart.
May 28, 2020 Comments (0)
The British Safety Council has launched a new COVID-10 Assurance Assessment Service to support organisations returning to work.
May 27, 2020 Comments (0)
Supplier of end-to-end automation solutions, Omron Automation Americas, recently announced the release of its new CP2E Series all-in-one controller that provides advanced control that enables IIoT connectivity for compact machines.
May 26, 2020 Comments (0)
Higher seasonal temperatures and reduced product demand stemming from the COVID-19 crisis will result in cold storage spaces exceeding capacity, according to temporary power and temperature solutions company, Aggreko.
May 26, 2020 Comments (0)
Iskratel, the European solution provider for the digital transformation of industries, and Telekom Slovenije, the Slovenian provider of advanced ICT solutions, observed the first tests of the 5G network they have built together to enable the smart factory in Kranj, Slovenia.
May 26, 2020 Comments (2)
Karl Heinrich Lauri, managing team member at MRPeasy asks: can a smaller manufacturer looking to survive and prosper in this changing world afford not to embrace the digitalisation of the business process?
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.