Posted in Inventory Management on May 30, 2013
Most manufacturers choke in the inventory process. They inefficiently manage their inventory, stocking too much or too little of it. Subcontract manufacturers need to focus on their manufacturing inventory management, using integration and automation in their daily operations. Improper management is how dollars fly out the window.
Posted in Cloud ERP on May 29, 2013
If you want some hard proof of cloud savings, consider this: a new study shows manufacturers are saving $774,000 per year using cloud-based manufacturing ERP software. A blog post on the Enterprise Irregulars website found cloud users net a higher profit, invest more money back into their organization and boost their ability to innovate.
Posted in Inventory Management on May 28, 2013
Achieve excellence in procurement by mastering the lean manufacturing principle of procurement. An article on the IndustryWeek website says executives should make procurement a priority because it maximizes profit while increasing quality. This effort should be led by both the finance and procurement departments.
Posted in Operations Improvement on May 27, 2013
A new government initiative promoting lean manufacturing techniques is aiming to increase local supply chains and boost U.S. competitiveness. A blog post on the EBN website says the initiative will lead to more effective manufacturing processes. Cloud services for infrastructure, data storage and ERP are a major player in this initiative.
Posted in Subcontract Manufacturing Trends on May 23, 2013
Five years after the recession manufacturing is growing at a slow and steady pace. An article on the Supply Chain Digest website shares statistics that show the technology sector is especially booming, with computer and electronics up 32 percent. Today, more manufacturers are using manufacturing software to gain a competitive edge.
Posted in Cloud ERP on May 22, 2013
A new infographic on the CloudTweaks website shows manufacturers that deploy manufacturing ERP software in the cloud achieve greater success than those using on-premises ERP platforms. This graphic visual representation offers tremendous insight into some key metrics as they pertain to the benefits of cloud ERP.
Posted in Cloud ERP on May 21, 2013
Are you ready for the latest in myth busters — cloud edition? A blog post on the Cloud Tech website outlines the top myths around cloud computing, stating that too many businesses still view the technology as disruptive. More manufacturers are starting to embrace the cloud, though, as it takes their manufacturing ERP software to a new level.
Posted in Operations Improvement on May 16, 2013
Manufacturers: it’s a mistake to think you’ve automated your business processes just because you use state-of-the-art technology. If your systems are all separate, there’s still a manual process involved to get it in one viewable, actionable place. Manufacturing ERP software can streamline the process, tracking data, costs and trends.
Posted in Cloud ERP on May 15, 2013
The cloud has established itself as a trusted enterprise technology. Data from the International Data Corporation published on The Wall Street Journal website shows the worldwide software market reached $342 billion in 2012. Big Data and manufacturing cloud analytics are transforming the way manufacturers do business.
Posted in Financial Management on May 14, 2013
Though today’s analytic tools are easy to use and can be tailored to an organization’s needs, many organizations are still not using manufacturing cloud analytics. A post on the Ventana Research blog says executives aren’t giving it the attention it deserves, and mining data is critical for a company today.