Technology Trends in Manufacturing

Business applications seem to be evolving at a blistering pace. Things like Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), Cloud Computing and Predictive Analytics are discussed often when the topic of “Technology in Manufacturing” comes up. Enterprise Resource Planning (ERP) software sits at the center of manufacturing business applications and is also a hot topic.  Since most manufacturers only replace their ERP software every 8-15 years this typically means that the process of selecting the perfect software can be a daunting task.

Software Solutions Group, Inc.  headquartered in Amherst, NY has been working with the manufacturing industry for over 20 years and gets involved when stakeholders are thinking about implementing a new ERP system. We believe that ERP software should integrate your production planning and shop floor processes with CRM, sales orders, inventory, purchasing, accounting and reporting and it should be in real-time. It should also be able to speak to other systems such as your CAD software. For example, seamlessly moving the Engineering Bill of Material (BOM) out of the CAD/PDM/PLM system into your ERP, which reduces lead-time, duplicate data entry and increases data integrity.

Since ERP implementations are a serious financial and resource investment, you need the project to be successful and you want to maximize the ROI. There are an overwhelming amount of choices in the market and sifting through them while comparing features can be a frustrating experience.

The Aberdeen Group  polled 130 manufacturers to find out what criteria they used in selecting their ERP solution. If you are in the manufacturing business and looking into an ERP solution, then you know that there are many components to consider when finding the right fit.  So what criteria topped the charts?

  • Ease of Use- 50%
  • Functionality- 46%
  • Total Cost of Ownership (TCO)- 43%
  • Time to Value- 27%
  • Integration Capabilities- 23%
  • Industry Specific Solution- 17%

 

At some point whether you are a make-to-stock, make-to-order, engineer-to-order, project centric, job shop, batch or repetitive manufacturer you will need to go through the ERP evaluation and selection process. In addition to providing the selection criteria, this free report also outlines a four-step plan to help you be more successful in your search.

You can also download our “Manufacturing Management System Checklist” and with it can:

  • Discover nine ways your new system can increase productivity
  • Focus on the 13 key pieces of manufacturing functionality
  • Find out why “true cloud” technology and responsive design matter
  • Avoid common pitfalls of software customizations and upgrades
  • Learn 10 ways to reduce risk as you choose a new system

 

Join us for our 2018 Manufacturing Month Summit on Wednesday, October 24th.