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Category: ERP

ARTIFICIAL INTELLIGENCE IN MANUFACTURING

ARTIFICIAL INTELLIGENCE IN MANUFACTURING The world today has become a platform where technology wishes to rule us all; a place in which living seemingly has become a lot easier and comfortable, due to the usage of gadgets. Today, there are tools and machines which when used make work faster, efficient and effective as well. These developments in modern times has evolved into the advent of artificial intelligence (AI). Artificial intelligence…

THE BENEFITS OF INTEGRATING ERP AND BI IN BUSINESS

BENEFITS OF INTEGRATING ERP Organizations, in recent years are increasingly committing greater amount of resources to get an integrated Enterprise Resource support (ERP) and Business intelligence systems implemented. The business world as well is becoming more competitive, dynamic and innovative. Complex systems are introduced almost every day to meet the tight goals that stare on us. These systems has become the basic business tools, which has brought great impact on…

WAVE PICKING IN WAREHOUSE

WAVE PICKING in Warehouse For a better way to ensure productivity in goods and services, especially to meet the demands of customers, the management team of a company often get tasked with the responsibility of setting up a system to compensate the loopholes that come up during business operations. In production, one of these is the strengthening of the warehouse management. This idea rooted chiefly in ensuring procedures known as…

Three Principles You May Forget In The Implementation Of ERP System

Principles You May Forget In The Implementation Of ERP System Business is dynamic and the ability for one to continue operating to the foreseeable future largely depends on its responsiveness to the changing business trends. To give flexibility and convenience to consumers, it is imperative to respond to the changing technological trends in business. ERP software (or enterprise resource planning software) is a software that is designed to be used…

Difference Between Internet Of Things (IOT) And Industrial Internet Of Things (IIOT)

Difference between IoT and IIOT Internet Of Things (IOT) began as an emerging trend and has now become one of the changing elements that is driving the world in many respects. This is because there is an increased appreciation for smart objects, which tends to make life easier. In recent times, almost every appliance we use, ranging from iron, clothing, cars and other household electronics have some level of connectivity…

Three Reasons Why ERP Is Essential

Why ERP is Essential Businesses had before operated as an organizational structure where every department operated in isolation. Modern technology has rendered that practice ineffective and have designed a more sophisticated way of bringing together the previously separated departments to reinstate the harmony which is lost in the work place. Due to the increasing effect of globalization, organizations in especially the processing industries requires greater synchronization. In order to see…

Cash Accounting

Cash Accounting Any business needs a clear record of all monetary transactions coming in and leaving the establishment, because this is what indicates whether it is financially stable of not. Cash accounting also known as cash-basis accounting is one of the financial recording approaches mostly used by small business establishments. Under this particular approach any financial transaction is recorded when it is actually incurred and not before. This includes all…

How to Innovate Without Blowing Your R&D Budget

Innovation without Blowing Your R&D Budget Speaking to Fortune, the late Steve Jobs stated that the degree of innovation does not rely on the amount of R&D dollars an organization has. For many companies, any problem is countered by throwing money at it. However, Jobs believed that creativity and genuine genius should be enough to win over money when coming up with an innovation. Indeed, cost reduction is not always…

Internet of Things for Industry 4.0

Internet of Things for Industry Internet of Things for Industry 4.0 is a common term that refers to the technologies and concepts of value chain organisation that draws together the internet of things, services and cyber-physical systems. The term originates from a project by the German that promoted computerisation of the manufacturing process. The first revolution in the industries mobilised the mechanisation of production using steam power and water. The…

Internet of Things

The internet of things has in recent times become a growing topic of conversation in the workplace and our homes. It refers to the network of physical objects which have been embedded with electronics, sensors and network connectivity that makes it possible for these objects to collect and exchange data. Notably, it has three main parts which include the objects embedded with sensors, the networks that connect them and the…