Internet Of Things


With a relentless push towards automation in manufacturing processes, it is safe to say that Industry 4.0 or the Fourth Industrial Revolution has arrived. Industry 4.0 has roped in The Internet of Things (IoT) to drive towards the idea of a smart factory. It is a day and age where an ongoing production process involves churning out products with complex BOMs/processes coupled with the dynamic material, supply, and schedule changes. Add to this, the increasing pressures from customers on quality and delivery schedules. A smart factory is a place where such processes are carried out with ease. The product runs are shortened and the delivery time is improved. It’s a place where the traceability is enhanced and the Supply Chain Management is of the highest quality.

To cut the long story short, a smart factory is all about finesse and agility, which point towards an integrated work environment where data is funneled smoothly among different departments. An ERP System seems to be an obvious choice to meet all the integration goals of a smart factory, and why not? Only an ERP System can unify the multiple business processes of an organization, pertaining to Planning, Materials Management, Manufacturing, and Finance, to achieve a comprehensive automation of an enterprise. Thankfully IoT has also greatly helped direct data capture from machines and devising decision support systems has become easier with IoT.

Comments

Post a Comment

Popular posts from this blog

Best ERP in India - ERP Implementation Software System Solution in India

Image
India is the 7th largest u . S . Within the global and a dominant electricity in South Asia. With a population hastily drawing close 1.Three Billion it is the second maximum populous America inside the international. India’s economic gadget well really worth US$ 2.2 Trillion is the arena’s third largest economic gadget in terms of PPP. It is abruptly growing at a charge of 7-8% in step with annum and is expected to overtake the united states with the resource of 2045. The Services Sector contributes more or less 56% of the GDP observed thru the Industrial Sector with 26% and the Agricultural Sector with 18%. Major industries in India encompass Information Technology, Textiles, Real Estate, Pharma, Petroleum, Manufacturing, Mining, Telecommunications, and many others. Role of Best ERP Software in India Enterprise Resource Planning (ERP) Software and its predecessors like MRP, etc. Have constantly aided the Indian business enterprise to manage their assets extra correctly. ...
Read more

Intelligent ERP Solutions: The Key to Successful Business

Image
  Intelligent ERP is a growing trend in the world of enterprise software. This is because enterprises today are facing more digital challenges than ever before. These challenges are impelling businesses to find new ways to streamline operations, cut costs, and quickly respond to market changes. Although there may be a considerable need for implementing intelligent technology, more than half of executives are unable to do so because of the rigidity of their current ERP systems . The conclusion from Accenture's UK executive research on ERP trends for 2019 is a grave warning that something must change immediately. It is rightly said that business today cannot even imagine trying to sail new seas with outdated oars. Modern businesses cannot afford to wait for the future to come. Today is the future. It is always changing and evolving. Traditional ERP systems were never intended to be as adaptable and flexible as necessary to meet the rapidly shifting needs of a developing business an...
Read more

4 ERP Software Implementation Success Factors

Image
First, let us briefly discuss “What is an ERP”. The acronym ERP stands for Enterprise Resource Planning. ERP integrates a company’s core processes such as Finance, HR, Manufacturing, etc. into a single system. It enables improved business performance, supports business growth requirements, provides flexible real-time decision support, eliminates limitation in legacy systems, and provides competitive advantage by faster access to accurate and relevant information. Dropping quality standards, delayed shipments, faltering customer satisfaction ratio, inefficiency in data, etc. are some of the dead giveaways that your company is in dire need of an ERP solution. Choosing the right software is the most important aspect in any ERP project. A company must choose a software that is a perfect fit for its business or requires minimum customization to support key requirements otherwise it will risk overspending on the software and the implementation budget. A diligent ERP software selection proces...
Read more