The electronics industry is changing as quickly as electronic products evolve. There are few industries experiencing changes at this rate, which means that few industries face as many unique challenges. While the growth of the electronics industry is an exciting prospect for those involved, it also produces plenty of unique challenges that require solutions. Business
Many companies rely on the capital equipment industry, which supplies the machines, technology, and products needed to manufacture or provide services. The S&P Global industry top trends for 2019 forecasted industry-wide revenue growth of about 3.5 percent over a year, benefiting from a supportive global economy and a steady increase in order intake. However, the industry
Your company’s chances of success in choosing and implementing an enterprise resource planning (ERP) platform are only as good as your ERP manufacturing consultant. When you rely on a consultant to bring your project from conception to completion, you’re investing in their expertise and knowledge in your specific company, industry, and, ultimately, your ERP. When
Investing in an ERP mismatch is ultimately a waste of time, effort, and, of course, money. If your business can select the best ERP for your manufacturing enterprise right from the start, there will be no backtracking or scrambling to fix preventable mistakes. Instead, you can get to work immediately, instantly benefiting from all that
Whether you already have an ERP in place or are considering taking advantage of all that enterprise resource planning has to offer, your organization must make an important decision. Will you move your manufacturing ERP to the cloud or keep it on-premises? A cloud manufacturing ERP provides many benefits over an on-site ERP, so it
With enterprise resource planning (ERP) software, your business can easily automate nearly every aspect of operations, which means saving time, maximizing on resources, and freeing up a renewed focus on plans and ideas that call for a human touch. Here’s the tricky part — automation doesn’t always come naturally to your staff! Much like your work to
Enterprise resource planning (ERP) and predictive analytics go hand-in-hand, helping to solve many age-old challenges in manufacturing environments, including: ERP predictive analytics gives manufacturers the insight to solve those problems based on real-time business intelligence and data. Because ERP systems collect and track information, using those details to automate advanced analytics is the logical next
Infor, provider of CloudSuite Industrial ERP and other leading industry-specific software, announced today that the company will be acquired in its entirety by Koch Equity Development LLC (KED), the private investment arm of Koch Industries, Inc. Prior to the announcement, Koch Industries already owned about 70% of Infor. KED will purchase the remaining Infor equity
As the saying goes, you’re only as strong as your weakest link. In manufacturing, the supply chain is one of the most critical links there is, but it’s becoming increasingly difficult to manage. Customers expect quick responses and deliveries, while suppliers are globalizing every day, adding new challenges to accessing the materials you need. As
