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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Quartely update: 17 businesses removed or suspended from prompt payment code for failing to pay their suppliers on time

Quartely update: 17 businesses removed or suspended from prompt payment code for failing to pay their suppliers on time

Action on companies who fail to meet the standard of the Prompt Payment Code (PPC) has seen 17 companies removed or suspended from the Code during the past quarter, the Chartered Institute of Credit Management (CICM) has announced.

Manufacturing stocks grow at record pace amidst Brexit uncertainty - CBI

Manufacturing stocks grow at record pace amidst Brexit uncertainty - CBI

Manufacturing activity grew modestly in the quarter to April, while stocks rose at a record pace, according to the latest quarterly CBI Industrial Trends Survey.

Beating the pack: How manufacturers can win in the IoT revolution

Beating the pack: How manufacturers can win in the IoT revolution

It’s staggering to think that this year more consumer devices will be sold than there are people on earth – and, as time marches on, the democratisation of the Internet of Things (IoT) means in a few years virtually all of the devices sold will be internet connected.

79% of UK employees would welcome gamification in the workplace

79% of UK employees would welcome gamification in the workplace

A series of dos and don’ts for bosses introducing the increasingly popular gamified rewards systems have been released.

Lexmark launches new print solutions for manufacturing customers

Lexmark launches new print solutions for manufacturing customers

Lexmark has announced new print solutions designed to simplify business processes for its manufacturing customers. The solutions include RFID Laser Printing, GHS Label Printing, Supply Chain Document Optimisation, and SAP Printing.

UK&I SAP User Group launches Affiliate Member Portal to help users select the right technology partner

UK&I SAP User Group launches Affiliate Member Portal to help users select the right technology partner

The UK & Ireland SAP User Group, the independent not-for-profit organisation representing all users of SAP software, has launched its new Affiliate Member Portal, designed to help SAP users select the right technology partner.

UK automotive sector missing out on £25bn due to lack of finance

UK automotive sector missing out on £25bn due to lack of finance

Wyelands Bank says it is critical to unlock growth so small and medium-sized automotive manufacturers can trade, grow and create jobs.

Third of transport/logistics workers would prefer a male CEO

Third of transport/logistics workers would prefer a male CEO

Research into the UK worker’s ideal CEO from Wagestream, the financial wellbeing experts, has revealed a disparity between what people expect from business leaders and the reality of how bosses are operating.

Firms must be ready to adapt to potential new regulations

Firms must be ready to adapt to potential new regulations

By Mark Hughes, regional vice president, UK and Ireland at Epicor Software.

The recent warning that the manufacturing sector is “woefully unprepared” for a no-deal Brexit serves as a stark reminder that firms must be ready to adapt to potential new regulations that could alter trade processes and possibly affect growth trajectories.

Siemens PLM Software solution enables Willingshofer to use a digital twin to verify and optimise designs

Siemens PLM Software solution enables Willingshofer to use a digital twin to verify and optimise designs

The primary business of Willingshofer GmbH is custom manufacturing of heavy machinery, including conveyor systems and industrial furnaces as well as hoisting and turning fixtures.

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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