If you’re running your manufacturing business without ERP, chances are, your reason for going without the software is the cost. The licensing, project and maintenance fees of ERP can certainly be overwhelming, but not nearly as impressive as the savings you could enjoy. The...
Manual processes and paperwork stunt business growth. When employees can’t find the right spreadsheet, waste time entering data or base decisions off typos, they can’t effectively make decisions that help the company capitalize on new opportunities and increase...
It seems counterintuitive to say that enterprise software can help manufacturers reduce waste and support leaner practices. If you spend time and money on a new system, aren’t you creating more waste? Sounds logical, but here’s the truth:...
A strong supply chain should link all the partners, processes and assets necessary to manufacture and deliver the final product. However, as manufacturing supply chains become increasingly complicated, businesses are experiencing disjointed processes that...
Once the realm of science fiction, artificial intelligence (AI) has made its foray into our lives and businesses in recent years. AI quickly interprets and learns from data to provide predictions and identify trends. For manufacturers, this technology proves especially...
No organization should make major investments or changes without thorough consideration. That includes undergoing an enterprise resource planning (ERP) software implementation. Having said that, some businesses will stay the course or delay making decisions because they’re...
Inventory management serves as one of the greatest challenges for discrete manufacturers. For example, Forbes estimates that four weeks of inventory for a manufacturer of heavy machinery could easily amount to $100 million. High storage costs, low...
Overall equipment effectiveness (OEE) is regarded as one of the most critical metrics for measuring manufacturing productivity. A high OEE score means you’re creating quality parts as fast as possible with minimal stop times. Though manufacturers...
