Over the last few decades manufacturing has changed profoundly, in response to factors that include: the opening up of world markets, the economies of Cloud-based computing, and the global adoption of ERP and Industry 4.0 applications. With the strategic introduction of connected, digital technologies, manufacturers open themselves up to enormous rewards – but they also expose their companies to brand new areas of risk. [...]
“Everybody’s got a plan ‘til they get punched in the mouth” said the polemical pugilist Mike Tyson. That describes how we feel in the Innovation Team when an error comes through from the support teams. After recently finalizing our development roadmap and starting our first sprints for enhancements due in 2020 we certainly had a plan, but maintaining existing software means it can’t be cast [...]
We are constantly told that the world of business is becoming increasingly cut-throat and that every enterprise needs to find and hone its competitive edge if it is to survive and thrive. The local and global marketplaces are increasingly dynamic, which means that what worked yesterday, may not work tomorrow. (more…)
With a focus on smart factories and digital manufacturing, Canadian Manufacturers must change their business model (including manufacturing processes from design to production) to adapt to the driving demands from customers for increased customization/personalization in manufacturing. Historically, mass production equated to high efficiency and maximum cost-effectiveness during production. (more…)
I have always been fascinated by User Experience (UX), which is why I was delighted to attend a recent talk on data storytelling. Storytelling is almost as old as our species, and consciously weaving it into the fabric of our technology has the potential to meld the electronic and human domains into a harmonious and productive whole. (more…)
In today’s global village, the demand for distribution services is escalating rapidly due to the increasing complexity of supply chain operations, the expanding e-commerce, and retail sectors, and a pressing need to deliver swiftly and enhance the customer experience. The customer remains king for now. (more…)
I told my team a few weeks ago that I have started learning Arabic. There were a few raised eye-brows and finally, “Why Arabic?” Well, Arabic is so far removed from all the other languages I have learned, and I needed a new challenge. And I can do this on my mobile using Duolingo. (more…)
Is anything more important to your manufacturing process than securing materials, managing orders, and payments, and having the right staff to run it all? I don’t think so. Thankfully, these are three specific areas where an ERP can help even the most advanced manufacturer. (more…)
With an abundance of raw materials and resources, Africa needs to rapidly find new ways to generate greater value from its manufacturing industry which has been identified as a fundamental driver of economic growth. Looking to disruptive technologies such as Artificial Intelligence (AI), bots, the Internet of Things (IoT), and machine learning, are revolutionizing industrial processes, and could save Africa’s manufacturing industry, where the adoption [...]
As a Chief Financial Officer specializing in manufacturing, I enjoy working to mitigate a wide variety of risks. Mitigating risk is a data-driven exercise, which is the kind of exercise I enjoy, especially when my efforts are augmented (along with my eyestrain), by increasingly intelligent AI machines empowered with cognitive technologies. (more…)
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