Project costing in ERP is difficult in project industries like oil and gas, utilities and mining. IFS North America Business Software Consultant Carrie Ghai discusses why this is the case and offers tips for selecting software equal to the task. Can the ERP you are considering truly capture all project costs, and handle actual costing as well as offer visibility into committed cost?
Stream from IFS Radio....More
Many organizations have adopted sales and operations planning (S&OP) as a way to promote visibility within the enterprise and to foster collaboration among business functions. In fact, according to data from APQCs Open Standards Benchmarking in supply chain planning, 82 percent of participating organizations have a formal S&OP program.
With so many organizations using S&OP, what does the average S&OP program look like? Can organizations take steps to improve their supply chain planning?...More
When evaluating distributors, manufacturers should look for companies that can offer specialized in-house capabilities that will add value to the overall product offering, observes Bill Moore, senior vice president with SKF, a manufacturer of bearings. Examples could include machinery that performs custom functions, such as a cutting machine for made-to-order lengths of hose or chain....More
'Nokia's far-reaching restructuring plan ... delineates a scale of earnings pressure and cash consumption that is larger than we had previously assumed,' Moody's said....More
Manufacturing products in the United States or China or Timbuktu isn't the issue. Making fact-based decisions about what's right for your company and your global customers is what matters most today....More
Dialogue introducing new forecasting study on what the economy might look like in 2025 with a manufacturing resurgence. Video from the Aspen Institute....More
Manufacturing makes America strong. It makes families and communities strong. It provides national security. It gives us energy security. And for the 12 million men and women who work in manufacturing, it gives us pride....More
Christopher Barnatt of ExplainingComputers.com demonstrates how Big Data is transforming the business and industrial worlds and enabling new technologies and new breakthroughs that will help manufacturers work more efficiently than ever before....More
Beyond an initial novelty, 3D Printing could have a game-changing impact on consumer culture, copyright and patent law, and even the very concept of scarcity on which our economy is based....More
Christopher Barnatt of ExplainingTheFuture.com illustrates the inner workings of additive manufacturing machines and provides some real-life examples of how 3-D printing technology could dramatically change the manufacturing and retail industries as we know them today....More
Engineers at NASA's Jet Propulsion Lab break down the engineering and design challenges they faced during the Curiosity rover's complicated landing near the Martian equator on Aug. 5, 2012....More
