by   |    |   4 minutes  |  in Construction and Contracting, Engineering and Infrastructure

In my previous blog, I outlined key trends facing engineering, construction & infrastructure organizations – digital transformation, Building Information Modelling (BIM) and the digital asset lifecycle model, embracing construction-integrated manufacturing and exploiting new service and facilities management revenues. The overall conclusion was that the non-integrated business systems and processes used by most companies today will…

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by   |    |   5 minutes  |  in Creativity & Innovation, Digital Transformation

“AI” is one of the most overused technology buzzwords of the last 2-3 years.  But the term is not going anywhere, so I’d like to make a plea on behalf of the weary: when talking about AI, don’t stop the conversation at ‘shiny new technology’.  Instead, continue to shift the AI conversation: why consider investing…

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by   |    |   8 minutes  |  in Manufacturing, Supply Chain

In my last blog post we took a look at DDMRP as a concept and the ideas behind it. In this blog we will examine the five steps that define DDMRP. Not all parts are buffered, most parts will still be planned with ordinary MRP logic also when DDMRP is used. The following is not…

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by   |    |   3 minutes  |  in Finance

With IFRS16 and ASC842 coming into force on 1st January 2019 lease accounting is set to change. Here I discuss the challenges, impacts, and benefits these standards are bringing, and suggest ways systems such as IFS Applications can assist the user. Lease accounting from January 2019 For both IFRS and US GAAP, IFRS16 and ASC842…

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Airline Maintenance Header

by   |    |   3 minutes  |  in Aerospace & Defense

Airlines face a constant battle to win more passengers, reach new destinations and grow profits. But as new, often lower-cost carriers enter the market and disruptive technologies continue to break new ground, the best way for existing carriers to ensure competitiveness is not just to splash cash on luxury services or drive down fares –…

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by   |    |   4 minutes  |  in Manufacturing, Supply Chain

MRP was invented in the fifties, computerized in the sixties and later became the dominating planning principle in the manufacturing industry. Today you find an MRP calculation being part of any ERP system available on the market. As the years have gone by since MRP was introduced have seen a shift from an era with…

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Construction Workers on Laptop

by   |    |   4 minutes  |  in Construction and Contracting, Digital Transformation

The engineering, construction and infrastructure (ECI) industry is facing huge challenges as it tries to deal with increasing demand to construct, operate and maintain assets faster, at lower cost and risk and to a higher quality. The non-integrated business systems and processes used by most companies today will simply not be good enough if a…

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by   |    |   3 minutes  |  in Uncategorized

I have been spending a lot of time with different companies in the wood industry over the past couple of months. Representing the full value chain, from forestry to wholesale for further processing in other industries or retail and use in their own finished products, it’s clear that the market is moving and the time…

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