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   |    |   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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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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by   |    |   3 minutes  |  in Manufacturing

More and more we see the need to manage project resources as an important requirement in ERP software RFIs from manufacturers for OEMs. This suggests OEMs are pushing down more of the project accounting requirements on their vendors. Resource forecasting, labor hour scheduling and resource allocation insight is necessary for sound manufacturing project management, but…

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Worker performing test on machinery

by   |    |   4 minutes  |  in Automotive, Creativity & Innovation, Digital Transformation

The penalties for poor maintenance can be high—in energy production, loss of revenue and component costs, as well as fines levied for non-delivery. But contrast this with time and/or operation count-based maintenance where a piece of equipment gets maintained whether it needs it or not. This is labor intensive and ineffective in identifying problems that…

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by   |    |   4 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Artificial intelligence (AI). Internet of Things (IoT). Augmented reality (AR). These are the technologies companies in the industries IFS serves want to implement because they can transform their businesses. These two- and three-letter acronyms (TLAs) are what most of us think about when someone utters the words ‘digital transformation’. While AI, IoT and AR are…

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Q&A: How manufacturing can overcome today’s industry challenges

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

In this Q&A, I ask our manufacturing industry expert, Antony Bourne, to answer five questions about how manufacturing companies can improve business performance. Meet our manufacturing industry expert As the Vice President of Global Industry Sales at IFS, Antony’s responsibilities include acting as the Global Industry Director for Industrial Manufacturing and High-Tech Manufacturing as well…

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EAM and ERP: An increasingly critical partnership

by   |    |   6 minutes  |  in Asset Intensive, Business Technology, Manufacturing, Research, Service Management

Meet our guest author, Ted Rohm, Senior ERP Analyst at Technology Evaluation Centers (TEC) Ted Rohm is a Senior ERP Analyst at Technology Evaluation Centers (TEC). Ted covers the areas of enterprise resource planning (ERP), enterprise asset management (EAM), configure price quote (CPQ), supply chain management (SCM) and IT service management (ITSM), with a particular…

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ERP 2028: The demise of the production planner?

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, Process Manufacturing

Imagine going forward in time 10 years. How will the technologies evolving today change the way we work? What will enterprise resource planning (ERP) in 2028 look like? Production planning for most process manufacturing companies has always been one of the most difficult problems for ERP solutions to solve. There has been much effort over…

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