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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IFS Corporate Video

by   |    |   1 minute  |  in Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Creativity & Innovation, Energy and Utilities, Engineering and Infrastructure, Finance, IFS Academy, IFS Labs, Manufacturing, Oil & Gas, Process Manufacturing, Retail, Service Management, Supply Chain

IFS brings customers in targeted sectors closer to their business, helps them be more agile and prepare for what’s next in their industry. What is IFS? That’s a great question with an even better answer. Let’s start from the beginning… The founding of IFS IFS was founded in 1983 by a group of five Linköping…

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Supporting next-generation manufacturing with IoT

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

NEC integrates Internet of Things (IoT) capabilities with its Manufacturing Execution System (MES) extension for IFS Applications. Guest Author: Stefan Gustafsson, Managing Director, Japan and South Korea Stefan has more than 20 years of experience with business development, partner strategies, marketing and sales. He has worked with multi-national companies in United States, Europe and Japan, both…

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by   |    |   3 minutes  |  in Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

Servitization offers a viable method of boosting growth for manufacturers’ businesses and the industrial sector overall. The UK is currently the 11th largest manufacturing nation in the world and the sector has increased by 1.4% a year since 1948. However, industrial manufacturing is a highly competitive industry and those working in the sector are constantly…

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IM blog post image

by   |    |   2 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Manufacturing

A recent survey showed 88% of companies said that they were undergoing digital transformation, however only 25% understood what it was. As a manufacturer, the term digital transformation may be foreign, but in fact, manufacturers have been using digital technologies for many years already. If you think about it, EDI has been commonplace for a…

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IM podcast image

by   |    |   1 minute  |  in Business Technology, Creativity & Innovation, Digital Transformation, IFS Radio Network, Manufacturing

Industrial manufacturers have been using new technologies for years now, so will digital transformation really add value to a manufacturing business? The use of new digital technologies in the industrial manufacturing industry is not new. In fact, manufacturers have been users of digital technologies for years. However, the term “digital transformation” is relatively new to…

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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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by   |    |   3 minutes  |  in Aviation & 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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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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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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