Many SMEs experience growing pains as they attempt to make the transition from a small to medium-sized business. Our team at K3 Syspro spends much of its time talking to manufacturers about the challenges they face in scaling up their operations and explaining how building digital resilience is a key part of any growth story. A comprehensive ERP system is able to equip business [...]
It has become impossible to keep pace with the UK government’s Brexit shenanigans, and business leaders are in despair about the impact the impasse is having on manufacturers. According to the latest figures from the ONS, the productivity growth of British workers slumped to a two-year low in the third quarter of 2018. On average, UK employees produce 30% less per hour than those [...]
When implementing an ERP system, businesses face a variety of challenges. The system brings innumerable business benefits and yet it is often used as a trigger for deep-rooted organizational change. Implementing ERP is fundamentally a people process, and for a system to work effectively, manufacturers must work with their ERP partner to bring everyone within the business on board. (more…)
In the first blog on this topic, I described the origins and background to lean manufacturing. In the second blog – lean manufacturing journey, the key activities of the model described in the book entitled “Lean Thinking” were introduced. While this is seen as the most popular model, there are a few reservations about it. These will be covered as we progress. (more…)
It’s a fascinating time to be in finance, especially for those of us who enjoy a challenge, change, and personal growth. For those who don’t, the way ahead could be tough. Industry 4.0 becomes the prevailing paradigm for manufacturing, finance, new technologies, collaborations and new ways of thinking need to be embraced. (more…)
In my previous blog, on this topic, I referred to “The Machine that Changed the World” and took some insights from the book by the same name which was based upon the first “study” of Lean. Unfortunately, automation can result in massive waste built into the factory if it is not removed up front. (more…)
On a recent business trip to Cape Town, I had the pleasure of visiting a retail outlet that is operating completely plastic-free. This got me thinking about the concept of a circular economy. Visualize taking a straight line and bending it inwards on itself until the endpoints meet to form a circle. This depicts the evolution from the existing linear economy to an insular one [...]
As far as food recalls go, what a busy year it has been. In North America, the food and beverage industry has seen a massive increase in the units recalled. The USA is experiencing a 92.7% spike in FDA recalls and an 83.4% increase in recalled pounds – cited by USDA, since 2012. Most recently, here in Canada, we have all been affected by the [...]
To most families the “Festive Season” is the celebration of a relevant religious festival or significant historic event. It could be Eid or Ramadan, Yom Kippur, Diwali or Christmas. Whichever, it creates a period of local or general change in behaviour. Families prepare elaborate meals, buy presents, take trips to meetings of like-minded people or family gatherings. Goodwill is shared, spread and enjoyed. (more…)
Manufacturing is undergoing a fourth revolution (Industry 4.0). Technology and the Internet is transforming the way we make things. Software and manufacturers need to evolve to compete. For many years manufacturers relied on Enterprise Resource Planning (ERP) systems to provide the “edge”. As competition increased, more and more manufacturers realized that they needed specialist solutions that focused more on the factory floor and supported the [...]
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