You may be thinking that your company has a single ERP approach, but…
What if I told you …
- 2/3 of large companies use ERP software from two or more vendors – and 1/3 have software from four or more vendors.
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5 Reasons 2-Tier ERP May Be Right For Your Manufacturing Business…
No Comments » Automated and Flexible: Apply Technology to Manage Your Business Processes
Business Processes. They’re what each of us do every day to do our jobs. And of course we would all like to automate and standardize our processes so that we’re all doing the same tasks the same way – the best way. And at the same time still retain the ability to be flexible and change processes where it makes sense.
10 Must-Read Facts For Global Discrete Manufacturing Companies
Recently, I shared two articles from earlier this year with my network on LinkedIn: Manufacturing in U.S. Expands at Close to Seven-Year High from Bloomberg Business News, and UK Manufacturing Grows at Fastest Pace in 16 Years from BBC Business News.
Serve Customers Anywhere
Technology spending to grow from $14.8B to $21B in 2014, changing how retailers do business, says Stores #elogic
Who’s the Boss? – Next Generation Manufacturing
Next Generation Manufacturing (NGM) study shows 3 of 5 manufacturers may have new chief exec in 5 years.
Learning Point 3 – Leveraging Technology to Win – Part 1
(This is the tenth in a series on The Power of Choice – Leveraging Configuration Technology to Differentiate, Simplify, Perform and Win, by Mike Shields, Co-Founder and CEO of eLogic Group.)
“Just because it’s difficult for you doesn’t make it valuable to me…”
-V.P. Procurement – Foster Wheeler
Study: See Microsoft Dynamics Manage Manufacturing Process From End-To-End
“How can I create a budget for this project?” That’s a question that manufacturing companies have been asking themselves for a long time – especially when they’re developing something brand new.
Perhaps just as importantly, how can this budget be developed and shared in a collaborative process with stakeholders and contributors potentially located across the country and around the world?
Escalating Metal Prices Spur Design Ingenuity
Prices of raw materials commodities are continuing to rise in this economy. Most of you have probably seen in the news how the price of gold is at an all-time high. What you may not have seen is that the prices of other raw material commodities such as palladium and titanium have also recently surged. These price spikes in raw materials have caused manufacturers to consider alternative materials for their production process, as well as smaller, more rapid delivery cycles to minimize costs and risk. However, these cost and risk mitigation actions are themselves inherently risky without the right tools and processes in place.
One example of how these risks are manifested relates to raw material procurement. The desire to consider alternative raw materials for production implies a multi-sourcing approach. The reason for this is that sourcing from multiple suppliers will more likely ensure that the range or alternate materials will be available when required to satisfy customer demand. And also it’s less likely that a single source could supply all the potential alternate materials needed. With this multi-source option, all the complexities inherent in managing delivery chains, such as monitoring due dates, managing change orders, monitoring vendor quality standards, to name just a few, are now multiplied.
Another inherent added complexity is the product design and development process. Potentially using multiple substitute materials for a product implies all the design and development work to ensure that these alternate materials function properly and within agreed specifications for the product performance. And, as the author points out, regulatory requirements can add even more complications to the process.
Managing all this additional complexity would be impossible unless the manufacturer has the right technology strategy in place for their PLM and ERP software.
Do you have the right tools to manage the implications for raw material procurement and product design in this rapidly changing environment? Talk to eLogic, we can help…
Gain A Global Edge With Digital Document Management
Evaluating ERP solutions for manufacturing? Have a plan, says Manufacturing.net’s Dylan Persaud:
As manufacturers turn to outsourcing and global supply chains, the management and flow of documents throughout the value chain is critical to getting products to market, reducing manufacturing costs, and improving quality.
What can lean do for your business?
What can ERP do for lean? This Manufacturing Digital article explains it all.
Written by James Flood, Exact UK In a nutshell, lean is a manufacturing philosophy designed to eliminate waste. It stipulates that businesses need to look at how they create value for their customers
Capitalizing on the Economic Recovery
“Keep an eye on customers who are behaving as if we’re still in a recession.” Find out why. #Inc. on recession recovery
Each economic recovery is different. Norm Brodsky gives advice on planning for recovery.
Flow International and Microsoft Dynamics AX
Flow international is the inventor and world leader in waterjet solutions. They replaced JD Edwards World with Microsoft Dynamics AX. Listen to the reasons why in the video below.
As the Director of Enterprise Architecture for Flow International says… Don’t pour concrete around your business processes! Leverage powerful simplicity and the lower total cost of ownership achieved with Microsoft Dynamics AX…
Learning Point 2 – Demand Drivers/NEXT Practices – Part 5
(This is the eighth in a series on The Power of Choice – Leveraging Configuration Technology to Differentiate, Simplify, Perform and Win, by Mike Shields, Co-Founder and CEO of eLogic Group.)
Microsoft Dynamics AX 2012 at Hannover Messe 2011
Check out the Intro of Microsoft Dynamics AX 2012 at the Hannover Messe Conference earlier this year. Hannover Messe is one of the word’s largest industrial conferences, and in this video you’ll see how AX 2012 shines for industrial manufacturers.
Success with CRM
Successful CRM is built on 3 core principles. Does your business have what it takes? @DestinationCRM
Three principles to further connections with customers
