The modern manufacturing business is challenging. Multiple factors, such as the increasing cost of raw material prices, continuing load-shedding, challenges managing shop-floor processes, and a weak economy all contribute to the uncertainty of running the business. Business owners know that digital technologies have already led to manufacturing process improvement, resulting in increased efficiency and better overall business performance.
Business Automation and Software Blog
When a company introduces ERP (enterprise resource planning) to manage day-to-day operations, it's a sign the business has moved on from startup mode. The business is generally well-established, with a steady stream of customers. A successful ERP implementation project requires setting the proper budget.
ERP implementation budgeting must carefully account for changes as the project evolves. The budget should include funding for research and getting quotes, any customization needed, maintenance and support, training, and a contingency fund to pay for unexpected costs.
Topics: ERP implementation budgeting
Quality management (QM) is the series of steps that ensures activities required to make products are performed to the highest possible standards. QM requires a commitment from everyone involved in the company, from the executive suites to the shop floor, to follow the stated quality policy. As a manufacturer interested in introducing QM to your facility, you need to know the specific strategies needed to make it a success.
Topics: quality management
As we begin 2024, we see a mixed bag of conditions for U.S. businesses. While the global pandemic has officially ended, it doesn’t mean we have returned to “business as usual.” Businesses of all types are trying to cope with the continued shortage of qualified employees. At the same time, artificial intelligence (AI) tools are being used more often in the business world. It’s difficult to predict precisely how 2024 ERP trends will develop, but there is no doubt it will be an exciting year for business owners.
Topics: ERP trends
Before your company embarks on an Enterprise Resource Planning (ERP) implementation journey, it’s crucial to build a business case to calculate the potential ERP ROI (Return on Investment), Taking this step will shine a light into all the corners of the business to reveal the challenges and pain points that are holding the business back.
Topics: ERP ROI
In the AI age, reskilling workers has become necessary to prepare employees for new career opportunities. Modern automation is creating a change in the employment landscape of a type we have never encountered before. According to the Harvard Business Review, millions of people are likely to be impacted by this latest technological development. As modern software takes over more and more repetitive tasks, humans are no longer needed to perform them in the workplace. Employers have an important role to play in the new, developing employment situation and it’s not too late for more of them to get on board.
Topics: reskilling workers
Keeping track of goods is one of the most challenging aspects of running a business that carries inventory. If you have been relying on spreadsheets or another outdated system to manage your inventory records, you have no doubt been finding the process challenging. Deciding to use AI in inventory management means the records will always be up to date, along with several other advantages.
Topics: AI in Inventory Management
Data is a critical resource for modern companies. The drive for improved access to data-driven tools for making decisions has created challenges for managing and delivering data to users in formats that can easily be used daily. Company owners and managers need ERP business intelligence software to provide access to easy-to-digest reports, charts, etc. Embedded analytics fill this requirement and allow employees to work with fresh data quickly.
Topics: ERP business intelligence
Artificial intelligence (AI) has become a transformative force in multiple industries, including manufacturing. AI in manufacturing has introduced a significant change in the industry with its potential to impact production, improve efficiency, and drive innovation.
Topics: AI in manufacturing
For today’s manufacturing and distribution companies, inventory management automation is the answer to issues they are having with forecasting, tracking inventory, and fulfilling orders promptly. Access to more real-time data and a higher level of transparency streamlines business processes.
Topics: inventory management automation