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Among the manufacturing software solutions you may be considering, cyber security, or keeping data and systems safe from hacks, leaks, and viruses, should be top of mind. You may have a terrific IT team that pays a great deal of attention to cyber security, but it takes just one data breach to seriously damage your company’s systems and reputation. IT World Canada published facts on the cost of data breaches to Canadian companies that may surprise you. In 2016, the average cost of a data breach, as assessed by studying 27 Canadian companies, was $5.78 million, or $255 per lost or stolen record. Can your business afford manufacturing software solutions that are less than state-of-the-art? With so much on the line, it pays to find secure software from well-known manufacturers who understand the potential risk to your business. Preventing Cyber Threats with Cloud-Based Manufacturing Software Solutions You don’t need a computer science degree or expensive software, either. Much of this protection comes from applying good old-fashioned common sense to your computer use and teaching your employees to do the same. Update your software: You know those annoying update notices that pop up on your screen every now and then? Instead […]

Technology is changing the procurement landscape. Are you ready? Technology is a disruptive force, but manufacturing software solutions can ease the transition from one technological era into another. Consider the changes happening throughout the procurement field. Technological advancements, such as the Internet of Things (IoT), cloud’s ability to enable the use of big data, and much more are all changing the procurement field. Manufacturing software solutions can make those changes much easier to integrate into your overall systems. The world of procurement is undergoing a seismic shift, a radical change from what it was to what it will be. To get ready, let’s take a look at what is happening in the industry. The Internet of Things (IoT) The Internet of Things (IoT) refers to the ability to add internet-linked devices to vehicles, pallets, and other objects. Data can be sent from the object to the internet and through a central resource such as your ERP system. Companies transporting perishable materials such as ingredients, chemicals, or other materials may use the IoT to monitor temperature fluctuations during transport. Companies who use geo-targeting get up to the minute information on the location of raw materials or customer orders. As the IoT […]

Pay some, receive more; that’s the surprising way in which ERP for manufacturing reduces costs. When you invest in an ERP system, you’ll reap benefits that far outweigh the initial costs. One benefit your manufacturing firm can derive from an ERP system implementation is a reduction in costs. A study from the Aberdeen Group invited 81 discrete manufacturers to share information about their ERP use and implementation. Some of the questions asked in the study yielded insights into how an ERP system can reduce costs. These five cost reductions may surprise you, but if they intrigue you, it’s time to look into what an ERP system can do for your company. The Surprising Ways ERP for Manufacturing Reduces Costs It helps to understand some of the overall benefits of an ERP system before diving into how it can reduce costs. An ERP system improves visibility through real-time data sharing across the company. Reports that may have taken days, weeks, or months to reach your desk from across the company can now be accessed instantly. This real-time data sharing enables business leaders to make swifter decisions, proactively manage business operations, and reduce costs. ERP for manufacturing helps reduce costs for manufacturers […]