Review

by   |    |   3 minutes  |  in Business Agility, Business Technology, Manufacturing, Process Manufacturing

While there are several features of an enterprise resource planning (ERP) system that are of great importance, these are the ones I consider to be most important. Selecting your future ERP system can be a daunting task, and it is not always easy to determine which features really matter and which are of less importance….

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Supply Chain

by   |    |   3 minutes  |  in Aerospace & Defense, Business Agility, Manufacturing, Process Manufacturing, Strategy, Supply Chain

In the enterprise resource planning (ERP) environment, a supply chain faces a number of operational challenges. With the right strategy, an organization can overcome these challenges and gain a great amount of competitive advantage. When Supply & Demand Chain Executive awarded Bill Leedale, a senior advisor at IFS North America for manufacturing and engineering, as…

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Success Just Ahead

by   |    |   3 minutes  |  in Business Technology, Manufacturing

Choosing an enterprise resource planning (ERP) software package to run your industrial or high-tech manufacturing business is one of the biggest decisions that you are likely to make for your company – and one that should not be taken lightly. Whatever your decision may be, it will have a huge impact on your workload, your business,…

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Automotive Industry

by   |    |   5 minutes  |  in Automotive, Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Supply Chain

The Internet of Things in the automotive industry — There may still be skepticism about the IoT in some sectors, but in automotive IoT is taking up more space than ever in our vehicles. The signs are everywhere. We are all aware of the larger trends we face in the automotive industry (faster and smarter production…

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Digital Transformation

by   |    |   4 minutes  |  in Business Agility, Business Technology, Manufacturing, Mobility, Process Manufacturing, Strategy

The power of digital transformation is so strong that it can change an entire industry. Companies that change the way an industry does business on the foundation of digital technologies are called digital disruptors. Netflix, Spotify, Airbnb, Uber and Alibaba are digital disruptors. Digital transformation refers to how companies leverage digital technologies to change a…

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The Road to Success

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

No matter the industry, company, or country, reducing time-intensive tasks and costs is always a good thing. Often times in business when we hear or read the word “reduce” it invokes negative feelings — especially after the United States’ Great Recession in 2008 that led many companies to reduce its workforce and budgets. While the word “reduce”…

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Asset Management

by   |    |   4 minutes  |  in Manufacturing, Process Manufacturing, Research, Strategy

At the end of 2015, IFS carried out a global survey of over 1,000 IT decision makers from companies in 12 countries. The survey aimed to gather insight on the subject of change in businesses: its relevance, impact and drivers. The results revealed a number of interesting trends across different vertical industries and here, Antony…

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Manufacturing

by   |    |   3 minutes  |  in Business Technology, Manufacturing

IFS’s Global Industry Director for the manufacturing sector, Antony Bourne, predicts how three key trends will be impacting the industry during 2016. The number of smart machines used in manufacturing will double in the next three years The use of smart machines in manufacturing is growing rapidly; by 2018, 50 percent of the fastest growing…

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Automotive Industry

by   |    |   3 minutes  |  in Automotive, Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Strategy, Supply Chain

Asia will be the biggest car manufacturer worldwide within the next few years, but Europe will continue to lead in research and development Over the last ten years, there has been significant growth in European and American automotive manufacturers running operations in China. Consequently, it has been one of the fastest places of growth in…

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