Effective resource management requires a people-focussed approach to data, according to experts in the industry. Connor Pearce reports. While Industry 4.0 may be heralded as the fourth industrial revolution, and seemingly involve a wholesale reformulation of manufacturing processes, the technologies and processes that it encompasses are the result of the theories and innovations that came … Continue reading Combining Lean manufacturing and Industry 4.0
Terri Hiskey, Vice President of Product Marketing for Manufacturing at Epicor Software. Look around, and the manufacturing industry is brimming with examples of firms that are bringing the latest technological developments to their factory floors. Their goal? To improve processes, increase automation levels, and facilitate future business growth. A case in point is the manufacturing … Continue reading Manufacturing is back, and more intelligent than ever – but are we reaping the benefits yet?
Distributors fulfil an essential role in the business ecosystem and rely on comprehensive data to make the right decisions, according to Epicor Software Corporation. However, Australian distributors face disruption from large online players like Amazon and will need to respond quickly to changing customer demands. Epicor stated that unfortunately, many distributors may be making decisions … Continue reading Focusing on analytics to help distribution centres succeed
With the increasing deployment of low- cost sensors and their connection to the internet, manufacturers now have access to a large amount of data. For companies to capture the value of this data, developing mature data understanding is as important as having advanced analytical tools. A survey of 50 small and large businesses by McKinsey&Company, … Continue reading Leveraging the value of data analytics
From blockchain to digital twinning: technologies that can revolutionise business models in manufacturing. By Terri Hiskey, Vice President Product Marketing, Manufacturing, Epicor Software. In the future, the success factors that define winners from losers in an increasingly competitive manufacturing landscape will extend far beyond the ability to manufacture products. With the appropriate infrastructure in place, manufacturers … Continue reading Technologies that can revolutionise business models in manufacturing
Globally, manufacturing business growth has increased by 3.7 per cent (to 103.7 index points) despite the fact that half of manufacturers admit they have grown under challenging circumstances. This is one of the key findings of the annual Global Growth Index, launched by Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth. … Continue reading Global business growth is on the rise despite challenges, finds Epicor
Australian manufacturers have been urged to find alternative ways of doing business or risk being overrun by competitors with lower costs. That is according to Greg O’Loan, regional vice president for the software solution company Epicor, who predicts that 2018 will be another “year of change”. “As the world has gotten smaller, Australian organisations face increased competition from international … Continue reading Warning for Australian manufacturers amid rising competition