Is your adherence to enterprise asset management excellence really just surface deep?

by   |    |   4 minutes  |  in Asset Intensive, Business Agility, Business Technology, Manufacturing, Oil & Gas, Research, Strategy

Research shows that the fundamentals of asset management and maintenance excellence will remain integral to the optimal performance. Organizations in asset-intensive industries must ensure that their adherence to EAM excellence goes beyond the surface. Enterprise asset management (EAM) excellence can be defined in many ways, but essentially, it is about optimizing the operation of assets…

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Why servitization is something your manufacturing business needs to consider

by   |    |   2 minutes  |  in Business Agility, Digital Transformation, Manufacturing, Process Manufacturing, Strategy

You may think that servitization will never apply to your business, but there’s a reason why it’s occurring across many different sub-segments. If you are a manufacturer, then you may have already heard the term “servitization” and ticked it off on your buzzword bingo sheet and moved on with your normal days’ work. If you…

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Data scientists: the who, why and how

by   |    |   5 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Research, Strategy

Not enough is currently being done to create and nurture the talents required to create a pool of data scientists. As manufacturing becomes increasingly digitized, the need for well-trained, capable data scientists will only increase. As an industry, manufacturing has come a long way in embracing new technologies such as big data, the internet of…

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Supply & Demand Chain Executive magazine’s Pros to Know awards program

by   |    |   3 minutes  |  in Business Technology, Manufacturing, Supply Chain

It comes as no surprise to anyone in the IFS family that once again, IFS Senior Advisor Bill Leedale has been recognized by Supply & Demand Chain Executive magazine’s Pros to Know awards program. This is not his first turn at the winner’s podium either. Leedale is a fixture on this list of experts, as well he should be….

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Enterprise operational intelligence for manufacturing

by   |    |   1 minute  |  in Business Agility, Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Supply Chain

Whether in support of mass production, discrete manufacturing, industrial manufacturing, process manufacturing or high-tech manufacturing, the model-driven architecture of IFS EOI allows us to provide support to any type of manufacturing operation. What is IFS EOI? This webcast will look at why IFS Enterprise Operational Intelligence™ (EOI) is on the forefront of our maturity model…

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Planning methods: Which method is recommended for your manufacturing business?

by   |    |   6 minutes  |  in Business Technology, Manufacturing, Research, Strategy

Jakob Björklund, Senior Advisor IFS R&D, and Mats Johansson, Product Architect CPIM IFS R&D, provide a brief overview of the various planning methods available to manufacturers and when they are considered most useful. This blog post was co-authored by Jakob Björklund, Senior Advisor IFS R&D, and Mats Johansson, Product Architect CPIM IFS R&D. A modern enterprise…

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manufacturing industry predictions

by   |    |   7 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

Bridging the skills gap and boosting services will be top priorities for manufacturers in 2017. And IoT? Today, 50% of the costs of IoT projects go on integration. 2017 will see many manufacturers realizing they already have IoT solutions—now they need to integrate them better to leverage the full benefits. Antony Bourne, IFS Global Industry…

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new automotive manufacturing processes

by   |    |   3 minutes  |  in Automotive, Business Agility, Manufacturing, Supply Chain

Now that the 2016 season is over, it’s time to talk a little bit about Formula 1® . Formula One is a hothouse for the development of ultra-high-speed, ultra-lightweight, tough, crash-resistant materials. In 2017, materials and technologies developed in Formula One will keep transitioning into mainstream serial manufacture. But, cost will remain an issue. Big-money…

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Industry 4.0

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

While Industry 4.0 does revolve around intelligence gathered from a number of places, it spans more than just IoT. Over the past 10 years, 70% of companies on the Fortune 1000 list have vanished. Although this statistic may invoke fear, what it should do is demonstrate the importance of capitalizing on change instead of fearing…

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