With all the current discussions about Industry 4.0 and the digitalization of industrial value chains, it seems to me that people sometimes forget to mention my own field of endeavour: finance. I suppose that’s not surprising. Finance, alas, may not be the sexiest component of the evolving Industry 4.0 value chain. When the awards are handed out, it’s the men and women implementing automation [...]
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 [...]
It felt like just yesterday that I was discussing the eLearning trends of 2018. And here I am, seeing what’s trending in 2019. I am convinced the world is spinning faster each year. For 2019, the front runner is still Virtual Reality. I still find this a challenging trend as our customers and partners would be required to have the hardware to make use of [...]
Powerful converging technology trends are reshaping the modern workplace. Businesses today need to cater to the demands of an emerging generation of tech-savvy, digital-native workers, while also embracing and enabling new technologies to remain competitive. (more…)
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…)
Organizations today operate in a dynamic continuum where the rules of competition and operation are constantly evolving. No industry is immune to the effects of their organizational ecology to properly understand the mechanisms of different manufacturing industries. We cannot just compare the resiliency and responses of segments of the same industry. (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 [...]
There has never been a better time for manufacturers to embrace the powers of ERP. The benefits are compelling, be it improving efficiency, building resilience, controlling costs, or boosting productivity. Yet too many are failing to recognize that an ERP implementation is as much about people as it is technology. Ensuring that everyone within the organization is on board before embarking on an implementation [...]
The organization is investing a sizable sum of money and resources to ensure that their manufacturing improves, and the expectation is that this investment will be recovered. However, the organization needs to prepare itself for a fundamental change. (more…)
Enterprise Resource Planning (ERP) has always been key to helping businesses make better-informed business decisions, but thanks to a year of digital advancements, the software’s ability to dramatically impact decision-making has advanced considerably. (more…)
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