by   |    |   5 minutes  |  in Process Manufacturing

Mixed mode manufacturing means that you combine make-to-stock (MTS) and make-to-order (MTO) in one common supply chain. The value proposition of this is that you can strike a balance between efficiency and flexibility across the product range by assigning different supply models to different products. In order to implement a strategy for a process manufacturing company it is important to have an enterprise software system such as IFS Applications that can support not only industry specific requirements for example formulations and multiple units of measure, but also mixed mode manufacturing.

Read more

Types of Data Companies Are Collecting as Big Data

by   |    |   3 minutes  |  in Finance

Analysts like Forrester, Gartner and IDC are predicting that many industries are being fundamentally changed by “Big Data”. The basic idea of the Big Data trend is to employ better tools that analyze information that you already have (e.g. website stats, ERP data) and combine that with additional data that you can get (either free…

Read more

by   |    |   3 minutes  |  in Business Technology

My biggest takeaway from the day though had nothing to do with the questions asked, nor with the statements made by our competitors. Instead it was the opening presentation by Arild Saastad from Bertel O. Steen. What really stuck with me were the comments he made about how important it is for an ERP vendor to earn the trust of the organizations using their systems.

Read more