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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Connected Phone header

by   |    |   4 minutes  |  in Automotive, Digital Transformation, Manufacturing

Fifteen years ago, I was studying for a master’s degree in industrial automation at a technical university. We learned about open systems, industrial internet, old and new programming languages, collaborating robots, software-controlled machine clusters etc. Everything that you needed to build the smart factory. I thought all this was everyday life in the manufacturing industry…

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Island

by   |    |   2 minutes  |  in Manufacturing

As manufacturers face a customer that increasingly demands sound, eco-friendly products , they are increasingly looking at how they can become a smarter, greener producer and how they can track and document their environmental initiatives. The United Nations define ‘sustainable manufacturing’ as a form of manufacturing development that meets the needs of the present without…

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

Over the years there have been many paradigms that claim to optimize production and save the world—bottleneck, forward and backward, finite and infinite scheduling models, DDMRP, Kanban—and almost all failed in some way to deliver manufacturing nirvana. One such stratagem was the Theory of Constraints (TOC). But could a fresh approach to TOC, combined with…

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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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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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by   |    |   4 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Transform Your Business

Businesses are constantly told they will go broke if they do not digitally transform and quickly, but for manufacturers it’s not quite as simple. If production goes down even for a day, the impact can be irreversible, with potentially millions in revenue lost. From an ergonomic, economic and environmental perspective, smart factories are heralded as…

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Will manufacturers ride the servitization wave to greater profitability?

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

The servitization megatrend is upon us. Product-driven companies are adding services revenue streams and business models, usually to augment but sometimes to replace product-based business. What is servitization, and why is it happening? When a major change or megatrend happens, there is usually not just a single reason. Multiple forces push a culture, society or…

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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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