2020 Manufacturing Predictions

by   |    |   7 minutes  |  in Manufacturing

While change is buffeting the industrial manufacturing industry from a number of directions, the most disruptive changes will be those which manufacturers can and should make for themselves. Many of these manufacturers are already taking advantage of technologies like the internet of things (IoT), and as we head into 2020 will find themselves early adopters…

Read more

ERP for Manufacturers

by   |    |   6 minutes  |  in Manufacturing

What is the true value of ERP for Manufacturers? If you’re familiar with IFS, you’ll hopefully know that we are deeply driven by the goal of bringing our customers significant and measurable business value with our enterprise solutions. To validate and express this value, we recently engaged with IDC and asked them to carry out…

Read more

Manufacturing Tips

by   |    |   2 minutes  |  in Manufacturing

Recently the Head of Corporate Development of a leading glass solution provider, within the construction industry in Europe, wanted to talk to me about omnichannel: a typical project-driven business, where no solution is like the other. I was somewhat confused, since omnichannel, for me, is a typical “retail topic”, mainly related to the B2C customer…

Read more

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…

Read more

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

One day AI systems will predict what is currently impossible, to allow us to overcome the inefficiencies in our lives and in our factories. In a previous blog, I discussed the reasons why we humans do not trust artificial intelligence. In this blog, I would like to look at the potential of AI and what,…

Read more

by   |    |   3 minutes  |  in Business Technology, Strategy, Transform Your Business

The old-fashioned chore of clocking in and out is the last thing you think about in a modern digitized business environment. Yet the recent ruling by the European Court of Justice (ECJ), enforcing the recording of hours worked and breaks taken by each employee each day has reawakened such thoughts. Federacion de Servicios de Comisiones…

Read more

high tech manufacturing

by   |    |   3 minutes  |  in Manufacturing

Over the past few years, the highly unstable prices on raw material and the increased lead time from suppliers on components have put financial pressure on many manufacturers as they experience challenges to quickly respond to the market volatility. Of course, the overall planning of optimized inventory levels relies on accurate demand planning and forecasting,…

Read more

The Biggest Challenge to AI Adoption

by   |    |   6 minutes  |  in Business Technology, Manufacturing

In my last blog, I talked about the use of artificial intelligence to help process manufacturers uncover the holy grail – accurate forecasting. In this blog, I will explain why we might be the barrier to that happening. In my last blog, I talked about how artificial intelligence might help manufacturers discover the holy grail…

Read more

If Amazon did Factories

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Strategy, Transform Your Business

Amazon recently announced record profits of $3.03bn, breaking its own record for the third consecutive time. However, Amazon appears to be at a crossroads as to where it heads next. Beyond pouring additional energy into Amazon Prime, many have wondered whether the company may decide to enter an entirely new sector such as manufacturing to drive future…

Read more