by   |    |   3 minutes  |  in Business Technology, IFS Applications, Manufacturing

Productivity in the UK has slowed and the future is uncertain for many businesses in the manufacturing sector. From attracting and retaining talent to managing processes, suppliers, and logistics: the uncertainty caused by Brexit has left a lot of questions but a scarcity of answers. But the UK doesn’t have to lag behind Europe in…

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Project Finance in Construction

by   |    |   3 minutes  |  in Business Technology, Digital Transformation, Finance

Project financial control is often complex, multi-dimensional and prone to the unexpected, then why do project controllers rely so heavily on two-dimensional spreadsheets for their multi-dimensional requirements, and what happens when we need to change this? Project financial control I have spent many years managing the financial and commercial aspects of long term multi-billion dollar…

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Construction Productivity

by   |    |   4 minutes  |  in Construction and Contracting, Engineering and Infrastructure

As a Scot myself, I don’t have the sense of bravado that an American might when it comes to the United States construction sector or the vitality of the American economy overall. But even those of us in the UK have seen most globally important management or productivity trends, with notable exceptions like the Toyota…

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Construction ERP Partner

by   |    |   3 minutes  |  in Construction and Contracting, Engineering and Infrastructure

In my previous blog post, I highlighted how the industry is facing huge disruptive changes. In short, we need to modernize and change the way we work because: Margins are under pressure Productivity is poor We have a serious skills shortage Project delivery performance is not good enough Competition is intensifying You need to be…

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Industry Tip : Integrated Construction

by   |    |   3 minutes  |  in Asset Intensive, Construction and Contracting, Engineering and Infrastructure, Transform Your Business

The engineering, construction and infrastructure industry is facing huge disruptive changes. We are at an inflection point, and need wholesale change right now. Global construction productivity has improved about a quarter of the rate of manufacturing productivity since 1995. When we look at rich countries like Germany, France and the United States, things are much…

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Biggest Barrier to Mining Transformation

by   |    |   4 minutes  |  in Asset Intensive, Strategy, Transform Your Business

Systems fragmentation is the single biggest barrier to business transformation and innovation we see in the mining industry. Most companies have no single source of truth providing timely and reliable data about the business and no single platform to standardize processes consistently across the organization. Instead, fragmented software applications landscapes are common. Multiple enterprise resource…

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Cloud Business Case

by   |    |   4 minutes  |  in Business Agility, Business Technology, Cloud, Transform Your Business

A previous blog post debunked some common myths surrounding migrating enterprise resources to the cloud. In this post, part of our regular series of posts of n-nonsense insight into enterprise cloud computing, I look at the benefits of provisioning core business applications in the cloud. To be clear, at IFS we believe in giving our…

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Mine Gold and Data

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Energy and Utilities, Transform Your Business

The mining industry is going through a period of renewal. But while the cost-cutting and downsizing is at an end, it’s not like the heady days of the boom, with seemingly unlimited access to capital for new projects. At this point in the cycle, new investments are being applied strategically with both a view to…

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by   |    |   7 minutes  |  in Asset Intensive, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Engineering and Infrastructure, Transform Your Business

2019 will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time. Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time. PREDICTION #1:  50%…

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