LNS Research had the pleasure of attending the Schneider Electric Software Global Customer Conference in Orlando, FL, earlier this month—where the theme was all about how the game is changing in businesses today and how the company is rising to the new challenges with game-changing solutions.
Today’s manufacturers are faced with new realities in marketplace demands and regulatory requirements. To put it simply, the old ways of doing things are not cutting it anymore. The cost of relying on disparate, disconnected systems and technology, point solutions, and suboptimal processes for Manufacturing Operations Management (MOM) has become too burdensome for many companies to effectively compete in a rapidly evolving business climate.
The manufacturing industries are getting increasingly excited about the future possibilities of sensors, equipment, machines, lines, processing units, plants, materials, containers, transportation, buildings, homes, computers, software, private and public clouds, mobile devices, people, departments, companies and processes – ALL being simply and inexpensively interconnected and collaborating together via Internet technologies to achieve innovative and amazing results!
Product recalls. Supplier quality issues. Increasing customer demands. For manufacturers, these are all problems that can quickly pop up and throw a huge wrench in the operational gears, significantly impacting the bottom line. Dealing with them efficiently and effectively is key to keeping operations running smoothly and customers happy.
Earlier this month I attended the Infor Innovation Summit 2014, an event focused on highlighting the company's improved enterprise solutions portfolio. In this article we will review Infor’s technology stack and its strategy of developing micro-vertical-based applications, a new technology interface, and cloud-based solutions.
When it comes to enterprise software applications, not all are created equal in scope or relevance. Some applications may be specific to one aspect of Manufacturing Operations Management (MOM) or Enterprise Quality Management Software (EQMS), or may be targeted at a specific industry subset. Others, have applicability across a range of solutions.
At a high level, manufacturers share some common goals and operations. And at their core, all manufacturing companies convert raw materials or components into finished goods through some set of processes for customer use/consumption.
Manufacturing strategies need to be adapted and tuned based on several factors. What do your customers care most about? How large is your company’s operation? How many different plants and systems do you have? How large and diverse is your product line? In which industries do you operate? The answers to these and other questions will likely uncover your optimal software strategy for managing manufacturing operations.
At a high level there are two areas that most every business is focused on: (1) optimizing existing human, capital, time, and technological resources to (at the very least) meet performance expectations and (2) finding new and better ways to leverage those resources to continuously improve existing products, services, market share and operating margins.
As technology, particularly in the manufacturing enterprise software category, develops and matures, the framework for its application and surrounding discussion is shaped by those at the forefront of its use and development. Put simply, these words and terms are alive and subject to change. New technologies and terms are always being introduced. Some of these new terms quickly fade. Others evolve over time to take on expanded meanings.