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.
Jun 06, 2023
IFS, the global cloud enterprise software company, has announced the results of an IDC InfoBrief, sponsored by IFS, Shaping the Future of Manufacturing, revealing the level of digital transformation (DX) in Manufacturing, one of IFS’s core industries. The study, polling 160 senior decision-makers within manufacturing companies across Europe, the Americas and Asia, identify the areas in which manufacturers can maximise growth by observing their future investment plans, IT strategy and related challenges.
Jun 06, 2023
Digital Catapult and the High Value Manufacturing (HVM) Catapult have been awarded £2m from the Department for Science, Innovation and Technology (DSIT) to accelerate the adoption of digital solutions specifically designed to tackle major sustainability challenges in the UK manufacturing sector.
Jun 06, 2023
Artificial Intelligence (AI) is changing lives. It is transforming diagnosis and treatment throughout healthcare, improving patient outcomes. It is accelerating drug discovery, has the potential to drastically improve road safety and, through robotics, is unleashing new manufacturing productivity and quality.
May 31, 2023
By Mark Clark, VP Sales EMEA North, Onapsis.
If you were to draw up a list of places you don’t want to experience a sudden and catastrophic shutdown as the result of a cyberattack, chemical manufacturing plants would be pretty high up there. In addition to halting business operations and production, the nightmare scenario of hazardous materials being released into the human population and the surrounding environment is ever-present.
May 31, 2023
By Simon Moyes, Technical Services Director at CAE Technology Services Ltd (CAE).
Nobody intentionally goes to work to do a bad job, however, many factors can tip the balance, especially within IT teams, which can have a significant impact on an organisation.
May 31, 2023
Manufacturing CEOs, Directors and Managers reveal the industry’s future growth and investment priorities in the latest UK Manufacturing Barometer by SWMAS (The South West Manufacturing Advisory Service).
May 24, 2023
The digital transformation of manufacturing is becoming increasingly vital to the industry’s success. As more companies adopt new technologies to improve both efficiency and productivity, and reduce costs, the drive towards a more digital future is gaining momentum. However, this transformation is not without its challenges, as it heralds a new era of connectivity that brings with it rising levels of cyber vulnerability.
May 23, 2023
The first ever recipients of the Made Smarter Awards, celebrating excellence in manufacturing, have been revealed.
May 22, 2023
Pioneers, inventors, academics, regulators and innovators from across the globe will attend the 40th IEEE International Conference on Robotics and Automation (ICRA 2023) at ExCeL London from 29 May to 2 June 2023.
May 18, 2023
Many ERP projects result in significant changes to business processes, work practices, roles and even organisational structures. Developing a structured project approach through change management and training can ensure a smooth transition and guarantee benefit realisation for your ERP project.
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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- Source: https://www.logisticsit.com/articles/2023/06/06/£2-million-programme-to-tackle-sustainability-challenges-in-the-uk-manufacturing-industry
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