Manufacturing

Manufacturing Trends: Leveraging Software & Tech To Maintain a Competitive Edge

From the artisans who bake a $20 loaf of bread to the plant managers who make sure you’re never more than 20 feet away from a phone charger, manufacturing companies of all types face similar challenges during times of disruption. To maintain a competitive edge, many organizations turn to manufacturing software solutions. But when the software itself is rapidly changing, it can be tough to know where to start. That’s why we spoke to several experts to put together a list of the top manufacturing trends for 2019 and how leveraging software can help you get ahead.

Kim O'ShaughnessyManufacturing Trends: Leveraging Software & Tech To Maintain a Competitive Edge
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Unique Industries Served by ERP Solutions

ERP, also known as enterprise resource planning, has always had deep roots in the manufacturing sector. The term was originally used to describe the MRP systems of the 1990s that were also able to manage things like accounting, human resources and more. But in the 40 or so years since the term was coined, the ERP industry has undergone major changes. This has prompted many professfionals to ask the question, “What industries use ERP software?”

Kim O'ShaughnessyUnique Industries Served by ERP Solutions
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Discrete ERP Market Guide

According to Statista, the ERP market is expected to reach almost $85 billion in 2021. As ERP software technology becomes more affordable and the manufacturing sector more competitive, manufacturers of all sizes are increasing their efforts to adopt enterprise resource planning (ERP) technology. For some manufacturers, this means adopting a discrete ERP. The main reasons for the high acceptance of ERP will be discussed further below.

Gabriel GheorghiuDiscrete ERP Market Guide
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Process Manufacturing ERP Software Market Guide

Although the manufacturing industry employs far fewer Americans than it did 50 years ago, there are still sectors thriving and even experiencing substantial growth. Interestingly, most of these sectors belong to the process manufacturing sphere. As the name implies, process manufacturing refers to the processing as well as combination of raw materials and ingredients to create finished products. To deal with the specific challenges in this field, many businesses turn to process process manufacturing software.

Gabriel GheorghiuProcess Manufacturing ERP Software Market Guide
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11 Manufacturing KPIs Your ERP Software Should Track

As you likely know, manufacturing is one of the biggest industries around the globe. According to The World Bank, manufacturing added over 12.3 trillion USD in value globally in 2016. While there are many industries within manufacturing, there’s still an enormous amount of competition and pressure to produce goods quickly and cheaply. However, the right manufacturing software (ERP) can help your company track manufacturing KPIs.

Kate M. Orbeck11 Manufacturing KPIs Your ERP Software Should Track
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Manufacturing Software Features and Requirements Checklist

Manufacturing is a complex process no matter the size of your operations. Maintaining shop floor control, allocating resources and managing finances are all tasks that need to be completed on a daily basis to keep a plant running. As your plant grows, these responsibilities grow as well and can become hard to manage using spreadsheets. That’s why it’s important to adopt the right manufacturing ERP software system before things get out of hand. In order to accomplish that, you first need to determine your manufacturing software requirements.

Kim O'ShaughnessyManufacturing Software Features and Requirements Checklist
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Manufacturing Process Software: How It Works

To be a successful manufacturer, you need to consistently produce at equal to, or higher than, your targeted rates. This must be achieved while staying within rigid parameters for cost and quality. In order to reach optimal levels of productivity and profitability, manufacturing processes need to be carefully enforced and perpetually monitored.

SelectHubManufacturing Process Software: How It Works
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4 Key Changes in Manufacturing Technology

Technology supports and drives innovation. Recent changes in engineering and manufacturing technology have the potential to help manufacturers create better quality goods in less time. Expenses for manufacturers can be reduced by implementing this new technology while also becoming more competitive thanks to greater efficiency. Here are 4 key changes in manufacturing technology that have the potential to be game changers for manufacturing operations:

SelectHub4 Key Changes in Manufacturing Technology
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Myths About Cloud ERP for Manufacturing

Manufacturing is a unique industry with challenges that may seem incompatible with a standard cloud-based ERP solution. Because of this, many companies still misunderstand the cloud and wind up missing out on its benefits. If you’re still on the fence about switching to the cloud, consider how properly-planned ERP for manufacturing busts the common myths.

SelectHubMyths About Cloud ERP for Manufacturing
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