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Using Manufacturing ERP Software to Meet the Next Revolution Manufacturing ERP software paves the way for companies to enter into this new fourth era of manufacturing. Yes, we’re entering a brave new world of manufacturing, powered by technology, driven by data, and serving a global community. The Industrial Revolution kicked off manufacturing as we know it today, but we are now entering uncharted territory. The first wave of manufacturing was, of course, that famous revolution that saw innovations in manufacturing everything from clothing to shoes. New steam and water-powered engines fueling vast weaving machines made manufacturing faster, producing less expensive goods for public consumption. The second wave of manufacturing was ushered in by Henry Ford, who positioned the assembly line as the new method of manufacturing consumer goods quickly and inexpensively. Now we are leaving the third wave of manufacturing and entering the fourth. The third brought us automated systems: information technology, computerized processing, and robotic assembly lines that transformed how manufacturers build products. The fourth wave or revolution of manufacturing uses cyber-physical systems to bring goods to customers with more precision and accuracy than ever before. It’s an exciting time for manufacturers throughout North America and, indeed, throughout the […]

Decisions, decisions. It seems that no matter how sure you are in your business knowledge, it helps to have more information on hand before making business decisions. Nowhere is this more important than in manufacturing, where better decisions can help your business anticipate orders and increase production efficiencies. A new study published by the Aberdeen Group examined the business practices of 81 discrete manufacturers who responded to the Group’s invitation to participate in the survey. What Aberdeen discovered is that manufacturers with access to company-wide data made better decisions, which in turn led to higher profits, happier customers, and growing companies. Increased Visibility in Manufacturing ERP Software Leads to Better Decisions You can only make business decisions based on the information that you have. The increased visibility provided by manufacturing ERP software makes it easier to make business decisions because all of the data is available. The Leaders included in this study found that information derived from their ERP systems helped them in the following ways: Real-time visibility from quote to cash: Insight into every aspect of the ordering process, from cost quotations to receipt of payment, enables better business forecasting. Information shared: ERP systems enable automatic notification of system issues, […]