PLM, ERP, EAM, Digital Twin: What do they mean

PLM, ERP, EAM, Digital Twin: What Do They All Mean? – [PODCAST]

The power industry and technology worlds are filled with acronyms. It’s often hard to know what they all mean. Mark Reisig, director of Product Marketing at Aras, was a guest on The POWER Podcast. He explained how digital technology is being utilized to bring products to market and track assets throughout their lifecycle.

The process often starts in a product lifecycle management (PLM) system. Reisig said when a product is created for the first time, things like the engineering bill of materials (BOM) and computer-aided design (CAD) drawings can be linked to the component in a PLM system. In all, he said there are about 20 key attributes documented in the system. They typically revolve around the form, fit, and function of the product, including its description, revision, unit of measure, part number, and more.

The PLM information feeds into an enterprise resource planning (ERP) system. ERP is a transactional system. It coordinates how everything is put together. It tracks what is made and what is bought—including financial data—and allows the product to be manufactured and assembled. ERP systems often include 150 to 175 different attributes. When complete, the ERP provides an as-shipped BOM.

At that point, an enterprise asset management (EAM) system becomes important. It is used to track and manage the physical asset through its lifecycle. This basically covers construction, commissioning, operations, and maintenance, all the way to decommissioning and replacement. As an enterprise tool, it goes beyond a single plant to include all the assets an owner manages. The idea is to track all the changes to all the physical assets, which is what Reisig called an “as-maintained” or “as-running” BOM. The EAM system also facilitates planning and execution of the work required to keep everything running.

“The real value of the three systems that I just mentioned is that you can connect across them in a digital thread,” Reisig said. “The person looking into the enterprise asset management, when they click on a digital twin, if they want to go back and see what the actual requirement was, they can actually do so. So, the real value is when you can cut across all of these pillar systems—EAM, ERP, and PLM.”

What is a digital twin? Reisig said most vendors position digital twins as models. The models are typically created during the engineering phase, which means they are a representation of what was designed. However, they don’t always reflect what was actually made during the manufacturing or construction process.

“Right there, you’ve got a problem, and that’s because many things happen to products when they go through production,” Reisig said. “We believe the digital twin is first available after it’s been manufactured, and even after it’s shipped, during the as-built stage.”

By creating the digital twin in the as-built phase, much more detailed and accurate information can be captured. In this way, physical part BOMs and related simulation data can be linked to the digital twin. Things like CAD drawings, service bulletins, work order history, electronics wiring schematics, and more, can be connected using a digital thread back to where that information is stored.

“Our definition is: the digital twin is the individual configuration of that physical product or a system of assets, and that creates the context you need to create value across the lifecycle,” Reisig said.

Listen to the entire interview with Reisig on The POWER Podcast.

Source: Powermag.com

 


 

Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many enterprises and organizations in Vietnam and China. For direct consultation, please feel free to contact us.

The Potential of ERP Amid a Pandemic

The Potential of ERP Amid a Pandemic

Automation on the plant floor can keep production flowing to refill store shelves. But the biggest problem manufacturers face right now is a disruption to the supply chain.

In the middle of a global health crisis, the Coronavirus disease 2019 (COVID-19) pandemic portends a drastic shift in the way the world will work in the future.

Whether it’s the need to ramp up production of hand sanitizer or convert automotive plants to produce more respirators, manufacturers are under pressure now more than ever to do more with less. The production floor is operating with skeleton crews to minimize possible exposure to the virus, and plant managers are in need of a better way to maintain visibility into the process. All of this points to the potential of implementing more automation on the plant floor.

In fact, the making of toilet paper is a highly automated process, as shown in the National Geographic documentary “Chasing Paper,” which highlights Sofidel, a manufacturer of toilet paper and paper towels. So, even if operators aren’t in the plant, more paper is on its way, people, do not panic.

The biggest bottleneck in the great paper chase—or for any product right now—is the supply chain. New research indicates that a weakened supply chain is the biggest business disruption related to COVID-19.

According to ABI Research, the impact of Coronavirus is both global and unpredictable, and the supply chain shock it is causing will most definitely and substantially cut into the worldwide manufacturing revenue of $15 trillion currently forecasted for 2020 by the global tech market advisory firm.

The virus will have both short- and long-term ramifications for manufacturers. “Initially, plant managers and factory owners will be looking to secure supplies and be getting an appreciation of constraints further up the supply chain plus how much influence they have on their suppliers,” explains Michael Larner, principal analyst at ABI Research. In the longer term, manufacturers will need to conduct an extensive due diligence process as they need to understand their risk exposure, including the operations of their supplier’s suppliers. “To mitigate supply chain risks, manufacturers should not only not source components from a single supplier but also, as COVID-19 has highlighted, shouldn’t source from suppliers in a single location.”

As a result, ABI Research forecasts that the supply chain impact of COVID-19 will spur manufacturers’ spend on enterprise resource planning (ERP), to reach $14 billion in 2024. While many ERP platforms include modules for inventory control and supply chain management, in light of the outbreak, many manufacturers will also turn to specialist providers. “Supply chain orchestration requires software to be more than a system of record and provide risk analysis and run simulations, enabling manufacturers to understand and prepare for supply chain shocks,” Larner said.

ERP providers agree that COVID-19—and panic buying which quickly exhausted the supply chain—has exposed a major vulnerability in manufacturing operations.

“Business processes need to be re-evaluated as this situation has turned the supply chain on its head,” said Steve Dombroski, senior manager for the consumer, food, and beverage market at QAD, a provider of adaptive ERP software. “Traditional methods of building safety stocks and buffer inventories have been replaced with Just-In-Time (JIT) item location forecasting to minimize re-deployment of inventories and to minimize inventory costs. Running JIT on inventories down and upstream through the supply chain caused delays.” This points to the need for manufacturers to address adaptability across the supply chain. “Manufacturing companies utilize two supply chains today; the physical supply chain consisting of all products and the digital supply chain that contains all information. Synchronizing both supply chains with all manufacturing, distribution, and procurement processes will enable companies to be flexible and agile.”

So, while all eyes are on automation, like robotics and Industrial Internet of Things (IIoT) sensors, to flow product through the line, none of that matters if the manufacturer doesn’t have a steady flow of raw materials. “COVID-19 demonstrates that manufacturers need to be as focused on their supplier’s capabilities as they are on their factory floor,” ABI’s Larner concludes.

Source: Stephanie Neil


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in manufacturingdistribution, and retail in Vietnam and China. Particularly, the supply chain management module of Epicor ERP is one of the strongest features of this solution and has been utilized and continously improved for over 40 years, even during this Covid-19. For direct consultation, please feel free to contact us.

Epicor ERP for cosmetics manufacturing in Dubai

Dubai-based cosmetics manufacturing firm enhances operations with Epicor ERP

Epicor Software Corporation has announced that Epoch Cosmetics and Toiletries has selected enterprise resource planning (ERP) solution, Epicor ERP, to improve manufacturing and warehousing operations and streamline information flow across the company.

                                        Amel Gardner, Epicor

Epicor partner, Cork Information Technology, will work with Epoch Cosmetics and Toiletries’ stakeholders to bring the full power of the Epicor platform to the company and its employees.

Dubai-based Epoch Cosmetics & Toiletries produces aerosols, deodorants, air fresheners and cosmetics for markets all around the world—including its native United Arab Emirates (UAE), the Kingdom of Saudi Arabia, India, West Africa, Egypt, Oman, the UK, France, and the US.

The company supplies major brands—such as Elegant, Inspire, Pleasure, Hot & Cold, Mehas and The Scent—to distributors, and also offers contract manufacturing to other brands.

Having grown from a handful of employees to a monthly production capacity of more than two million products in just 10 years, Epoch Cosmetics & Toiletries realised they would need to replace their existing ERP solution to continue to expand and grow.

“As we grew, our legacy system was not catering to our needs, especially in manufacturing, warehousing and sales,” said Abbas Hamid, director at Epoch Cosmetics & Toiletries.

The company’s warehousing issues stemmed from a lack of real-time accuracy and visibility for on-hand stock levels from the front-end system. The necessity to implement manual workarounds was impacting productivity, and inaccuracies were affecting stock valuation.

In addition, stock retrieval was employee-driven, rather than system-driven, leading to further inaccuracies if goods were not correctly stored. Other complications existed based on the absence of a stock-taking module in the legacy ERP, requiring warehouse employees to perform an entirely manual reconciliation.

“In addition, the manufacturing module within the legacy system only captured the cost of materials, so labour costs and direct costs were never captured. These had to be generated through manual calculations and estimations, which affected our financials,” added Hamid.

Reporting was also cumbersome, with pending PO reports and shipment tracking requiring manual preparation, and the system offered no capability for real-time reporting.

Epoch Cosmetics & Toiletries decided it needed an ERP system that was tailored to their business operations, was easy to deploy and use, and would be flexible enough to allow the company to grow unimpeded. After considering four major ERP vendors, Hamid and his team selected Epicor ERP due to the manufacturing-centric focus and native functionality of the solution.

“While we obviously needed some level of customisation, we were very clear that we wanted to adapt to a system and be in line with best industry practices, rather than the other way around—where the system has to adapt to us,” added Hamid.

Epoch Cosmetics & Toiletries’ stakeholders were particularly drawn to the real-time reporting functionality of Epicor ERP, as well as its multi-region capabilities, so that future expansion plans would not be hampered and that consolidated reports could be easily compiled.

Implementation is expected to be completed by May 2020, and the company’s project team is currently working with regional Epicor partner, Cork Information Technology, to deploy the new solution to more than 40 users in the UAE. Supply chain, sales, CRM, manufacturing, finance and asset management will all be key areas of functionality that are expected to help enhance Epoch Cosmetics & Toiletries’ operations.

“All across the Middle East and North Africa region, manufacturing companies are trying to digitally transform, so that operations are optimised continually,” said Amel Gardner, regional director, Middle East, Africa and India (MEAI), Epicor. “Processes that are overly manual impede growth, so digitisation is the key to agility. Epoch Cosmetics & Toiletries realised its legacy architecture was holding back the fulfilment of its regional ambitions. When you have the vision to shake off the old and embrace the new, extraordinary things can happen. We are confident that with Epicor ERP in place, the company will march quickly towards a new horizon.”

Source: Tahawultech


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

Epicor ERP for Epoch Cosmetics

Epoch Cosmetics & Toiletries enhance efficiency with Epicor ERP

UAE-based manufacturer drawn to manufacturing-centric and multi-region capabilities of the market-leading solution.

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced that Epoch Cosmetics & Toiletries LLC has selected Enterprise Resource Planning (ERP) solution, Epicor ERP, to improve manufacturing and warehousing operations and streamline information flow across the company.

Epicor partner, Cork Information Technology, will work with Epoch Cosmetics & Toiletries’ stakeholders to bring the full power of the Epicor platform to the company and its employees.

Dubai-based Epoch Cosmetics & Toiletries produces aerosols, deodorants, air fresheners and cosmetics for markets all around the world-including its native United Arab Emirates (UAE), the Kingdom of Saudi Arabia, India, West Africa, Egypt, Oman, the UK, France, and the US.

The company supplies major brands-such as Elegant, Inspire, Pleasure, Hot & Cold, Mehas and The Scent-to distributors, and also offers contract manufacturing to other brands.

Having grown from a handful of employees to a monthly production capacity of more than two million products in just 10 years, Epoch Cosmetics & Toiletries realized they would need to replace their existing ERP solution to continue to expand and grow.

“As we grew, our legacy system was not catering to our needs, especially in manufacturing, warehousing, and sales,” said Abbas Hamid, Director at Epoch Cosmetics & Toiletries.

The company’s warehousing issues stemmed from a lack of real-time accuracy and visibility for on-hand stock levels from the front-end system. The necessity to implement manual workarounds was impacting productivity, and inaccuracies were affecting stock valuation. In addition, stock retrieval was employee-driven, rather than system-driven, leading to further inaccuracies if goods were not correctly stored. Other complications existed based on the absence of a stock-taking module in the legacy ERP, requiring warehouse employees to perform an entirely manual reconciliation.

“In addition, the manufacturing module within the legacy system only captured the cost of materials, so labor costs and direct costs were never captured. These had to be generated through manual calculations and estimations, which affected our financials,” said Hamid.

Reporting was also cumbersome, with pending PO reports and shipment tracking requiring manual preparation, and the system offered no capability for real-time reporting.

Epoch Cosmetics & Toiletries decided it needed an ERP system that was tailored to their business operations, was easy to deploy and use, and would be flexible enough to allow the company to grow unimpeded. After considering four major ERP vendors, Hamid and his team selected Epicor ERP due to the manufacturing-centric focus and native functionality of the solution.

“While we obviously needed some level of customization, we were very clear that we wanted to adapt to a system and be in line with best industry practices, rather than the other way around-where the system has to adapt to us,” said Hamid.

Epoch Cosmetics & Toiletries’ stakeholders were particularly drawn to the real-time reporting functionality of Epicor ERP, as well as its multi-region capabilities, so that future expansion plans would not be hampered and that consolidated reports could be easily compiled.

Implementation is expected to be completed by May 2020, and the company’s project team is currently working with regional Epicor partner, Cork Information Technology, to deploy the new solution to more than 40 users in the UAE. Supply chain, sales, CRM, manufacturing, finance and asset management will all be key areas of functionality that are expected to help enhance Epoch Cosmetics & Toiletries’ operations.

Epoch Cosmetics & Toiletries’ management team is hopeful that, with Epicor ERP in place, its operations will be streamlined, allowing it to expand as needed and implement international best standards in manufacturing. Also, given the ability for Epicor ERP to integrate with multiple third-party solutions, the company plans to work with Epicor to integrate modules for business analytics and intelligent manufacturing.

“All across the Middle East and North Africa region, manufacturing companies are trying to digitally transform, so that operations are optimized continually,” said Amel Gardner, Regional Director, Middle East, Africa and India (MEAI), Epicor.

“Processes that are overly manual impede growth, so digitization is the key to agility. Epoch Cosmetics & Toiletries realized its legacy architecture was holding back the fulfillment of its regional ambitions. When you have the vision to shake off the old and embrace the new, extraordinary things can happen. We are confident that with Epicor ERP in place, the company will march quickly towards a new horizon.”

Source: Mark Bowen


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

top manufacturing erp vendors

The Top 24 Leading Manufacturing ERP Vendors to Watch in 2020

Solutions Review’s listing of the best data integration tools and software is an annual sneak peek of the solution providers included in our Buyer’s Guide and Solutions Directory. Information was gathered via online materials and reports, conversations with vendor representatives, and examinations of product demonstrations and free trials.

Note: Companies are listed in alphabetical order.

Who are some of the top manufacturing ERP vendors to keep an eye on in 2020? As 2019 comes to a close, the editors here at Solutions Review are focusing on what lies ahead. The marketplace for ERP platforms is maturing every day, getting more and more crowded with excellent software tools for a variety of use cases, verticals, deployment methods, and budgets.

Traditional ERP providers continue to offer Supply Chain Management (SCM) and Customer Relationship Management (CRM) capabilities that have remained staples to the market since the widespread adoption of ERP software began more than a decade ago. However, disruptive newcomers and new customer trends are bringing new technologies to the table, so that organizations can take full advantage of data.

In that spirit, we’ve turned our gaze to the future of ERP software. Whether its inclusion in a recent analyst report, the release of an innovative new tool, or a bump in venture funding, these are the ERP software providers that have earned watch list status from Solutions Review for the year ahead.

Founded in 1980, abas software provides ERP software built on open standards that enable manufacturers to unlock the power of their business-critical content. Abas ERP is a complete solution that provides multiple integrated functions and a wide range of valuable solutions from APS to project management. Abas considers complex manufacturing to be their “sweet spot”, building the product around make-to-order (MTO) and engineer-to-order (ETO) manufacturing.

Founded in 2008, Acumatica provides cloud and browser-based business management software designed for small, mid-sized businesses and large enterprises. Acumatica delivers adaptable cloud and mobile technology with a unique all-inclusive user licensing model, enabling a complete, real-time view of your business anytime, anywhere. Acumatica ERP provides the full suite of integrated business management applications, including Financials, Distribution, Manufacturing, Project Accounting, Field Service, Commerce Edition, Construction Edition, and CRM. Acumatica provides its Studio feature, which empowers business process changes while enabling software customization instead of requiring businesses to change their business processes.

Founded in 2012 after a merger between Consola Corporation and CDC Software, Aptean provides hyper-niche, industry-specific software solutions for medium and large enterprises. Built from the ground up for each of the industries they serve, Aptean ERP solutions are designed to align with unique business processes to get you up and running quickly. Aptean’s ERP solutions are fully integrated with all your systems, bringing value to every functional area from finance and customer service to inventory control and process management. Aptean’s ERP offerings include: Ross ERP, JustFood ERP, Apprise ERP, Made2Manage ERP, Encompix ERP, Intuitive ERP, EquipSoft ERP, Axis ERP and Cimnet ERP all designed for specific industries and company sizes.

Aquilon Software was founded in 2006 and since then has been developing, implementing and supporting ERP systems. Aquilon’s ERP modules for manufacturing management are ideal for small and mid-sized growing manufacturers. The manufacturing modules seamlessly integrate end to end processes and departments from start to finish. From MRP to financial management and CRM, the manufacturing modules provide a complete solution to support you and can make your business more productive, competitive and responsive to your customers’ needs.

For over 25 years, BatchMaster Software has helped process manufacturers worldwide streamline their production and bring their products to market faster, while reducing costs and complying with customer, industry-specific, and federal regulatory requirements. BatchMaster Manufacturing is an industry-specific application that runs with QuickBooks, Sage 100 & 300, Microsoft Dynamics GP, and SAP Business One financials. The company’s ERP solution is an end to end, the platform for process manufacturers who require financials, sales, purchasing, supply chain, and customer service, in addition to process manufacturing.

Cetec ERP is a cloud-based ERP software platform for small and midsized manufacturing companies. Cetec provides an all-in-one ERP solution with everything from sales and quoting to inventory management, document management, shop floor control, quality management, and financial accounting. The company is comprised of a team of seasoned accounting, operations, and manufacturing veterans based in Austin, TX.

Established in 1972, Epicor Software Corporation provides industry-specific business software designed around the needs of manufacturing, distribution, retail, and services organizations. Epicor ERP solutions help manufacturers harness data and automation to stay productive and profitable. With capabilities spanning from CRM, Content Management, Project Management, HCM, BI, and Analytics, to eCommerce and Sales and Financials, Epicor ERP gives you room to scale and evolve with a system that helps you keep pace with technology in the age of Industry 4.0.

Genius ERP is the end-to-end manufacturing ERP software solution for planning, executing, measuring, and improving high-variable production for SMEs handling make-to-order, engineer-to-order, custom-to-order, and assemble-to-order manufacturing. Automate time-consuming steps, quote for more jobs, estimate with greater accuracy, reduce bottlenecks on the shop floor, and more. Genius ERP is the complete software toolkit for custom manufacturers looking to take control of every aspect of their operations, all from a centralized system that’s easy to use, and quick to implement.

Family-owned and family-run for 44 years, Global Shop Solutions offers a one-system ERP software to serve clients across manufacturing industries of all sizes. The multi-modular application comprises independent modules for customer relationship management, inventory management, accounting, scheduling, job costing, agile project management, designing and more. Businesses can either subscribe to specific modules as per their requirements or subscribe to a full-fledged ERP suite. ERP software from Global Shop Solutions also provides robust business intelligence capabilities for monitoring the health of the manufacturing system; analyzing business data in realtime and making valuable decisions.

Since 1989, IQMS has provided real-time ERP, manufacturing, production monitoring, quality control, supply chain, CRM and eBusiness solutions to the automotive, medical, packaging, and other manufacturing markets. The innovative, end-to-end ERP and MES software solution offers manufacturers complete functionality in a scalable solution to support growth and agility to quickly respond to customer demands.

KeyedIn is an agile cloud-based software company delivering powerful results in critical areas like project management and custom manufacturing to specialized vertical markets offered to support the needs of both small-to-medium-sized businesses and large multinational corporations. KeyedIn Manufacturing is a cloud-based ERP solution specifically designed for custom, make-to-order and mixed-mode manufacturers. With KeyedIn Manufacturing, users have complete visibility over the manufacturing process including CRM, estimating, purchasing, production, shop floor, shipping, financial and more.

Officially founded in 2007, MIE Solutions is a provider of production control software for the entire manufacturing sector. Incorporating estimating, RFQ’s, work orders, purchasing, MRP, stock control, costing, scheduling, reporting, optional shop floor data capture, delivery notes and invoices with many links to external accounting packages. MIE Trak Pro is a popular solution for sheet metal fabricators, precision engineers, and manufacturers. MIE Trak Pro can be adapted to incorporate any manufacturing processes if required. The company also offers services including training on-site and online, full product support, as well as custom development work, and managed services the cloud-based platform.

Founded in 2000, MRPeasy is committed to helping small manufacturers grow and compete through access to sophisticated material requirements planning capabilities previously only available to big companies. In 2010 MRPeasy realized that cloud technology had advanced to a point where mission-critical software systems could be delivered via the Internet. Today, the company provides cloud-based manufacturing ERP software that helps you to implement the best-in-the class manufacturing process and allows you to focus on growing the business.

OptiProERP is a 21st century ERP solution for small and midsize discrete manufacturers and distributors. OptiProERP’s solution and innovation is 100% focused on the needs of discrete manufacturers and distributors with rich functionality that includes: primary and alternate BOMs and routing, MRP, MPS, Shop Floor Execution, Scheduling Workbench, Inventory, and Warehouse Management and QA, with a full set of features in financials, sales, CRM, and built-in mobile and digital capabilities. Available as a cloud or on-premise solution, OptiProERP is right-sized for small and midsized manufacturers and distributors: easy to use, efficient to implement, and affordable to own.

Oracle NetSuite offers to lead cloud-based ERP solutions designed for small, medium-sized and large enterprises. From advanced financials to supply chain management to billing and beyond, Oracle NetSuite ERP solutions give companies the tools they need to accelerate growth and drive innovation, in industries such as Financial Services, Healthcare, Higher Ed, Manufacturing and Retail, and more – allowing customers in any industry to manage their front and back-office functions, plus web operations, all from a single and reliable source.

Macola Software, an ECi Software Solutions company, is a provider of business solutions for small to medium-sized manufacturing and distribution companies. Macola empowers today’s modern enterprises to plan, manage, analyze and control their businesses by providing innovative software applications, industry-experienced solutions consultants, best-of-breed technology plug-ins and outstanding client support. Macola 10 is the next evolution of Macola and is a huge leap forward toward a more natural ERP experience that increases the speed, accuracy, and reliability of operating your business. The core capabilities of Macola 10 are powerful standalone, but the real value is in connecting those core business functions through automation, workflow, and document management.

Starting with automotive metal forming in 2001, Plex Systems rapidly expanded to support a wide range of discrete manufacturing operations across many industries. Later on, Plex added process manufacturing capabilities, targeted specifically at food and beverage producers. Today, The Plex Manufacturing cloud-ERP solution is designed for manufacturers to meet marketplace challenges and manage a successful business. The ERP platform operationalizes procedures and creates a modern platform for the Industrial Internet of Things (IoT). Plex offers the only ERP solution built from the ground up in the cloud and focused exclusively on manufacturing.

Founded in 1985, ProcessPro has grown to be a leading mid-market ERP software solution for the process manufacturing industry. Designed specifically for manufacturers that combine batches of mixtures, ProcessPro’s ERP solution seamlessly integrates all aspects of plant operation, from beginning order entry through inventory, manufacturing, packaging, shipping, and accounting. ProcessPro has been serving the food, beverage, pharmaceutical, nutraceutical, cosmetic, chemical and cannabis industries for over 30 years. In 2016, ProcessPro joined Open Systems, Inc., a leading provider of business software. The merger positioned ProcessPro to access new markets by expanding its geographical presence.

For over thirty years, ProfitKey has helped manufacturers and job shops of all sizes and industries leverage technology to solve their most complex business challenges. Manufacturing (formerly known as Rapid Response Manufacturing or RRM) is the company’s leading business solution for small to mid-sized manufacturers. It integrates all of your business operations allowing you to improve productivity and enhance profitability. A powerful technology solution with deep manufacturing functionality, ProfitKey Manufacturing is specifically designed to address the unique demands manufacturers to increase operational efficiency, improve inventory management processes and boost customer service levels.

Founded in 1979 as a small startup solution to address a large gap in complete, integrated business software for manufacturing companies, QAD provides ERP software for manufacturers. QAD Manufacturing ERP adapts to any style of manufacturing and to the needs of all your geographic locations. Quality metrics, central model management, and automated data collection ensure accurate, complete product, material and inventory information. Quad’s Manufacturing ERP software has intuitive planning tools that can synchronize production to changing demand, while built-in quality management helps you keep a sharp focus on excellence. QAD Manufacturing ERP software includes features such as Product Genealogy, Scheduling Workbench, Enterprise Asset Management, and more.

Realtrac Performance ERP is a software company specializing in manufacturing software for machine shops, job shops, and make-to-order manufacturers. RealtyTrac’s ERP software is easy to learn and boasts the lowest total cost of use software on the market. From Estimating to Quality Conformance to Accounting Integration, Realtrac is a completely integrated shop system that is really quick with real profits. RealtyTrac gives an analysis of a business’s current and past status allowing them to make educated decisions for a maximum return on investment.

Founded in 1972, SAP is a leading provider of enterprise application software. Today, SAP provides businesses with its SAP S/4HANA next-generation ERP software which provides strong functionality across a number of industries including Manufacturing, Services, Retail, Wholesale Distribution, and more. Within the S/4HANA platform, it offers applications covering customer relationship management, financials, human capital management, product lifecycle management, and more. SAP also offers Cloud ERP, ERP for Small and Midsize Enterprises, and Finance to support core ERP finance as well as advanced FP&A, compliance, cash management, and more – on-premise and in the cloud.

Founded in 1984, Shoptech Software provides ERP software for small to medium-sized manufacturing companies. The E2 Shop System and the E2 Manufacturing System act as very comprehensive ERP packages available on the market. The E2 Shop System is designed for job shops and make-to-order manufacturers, while E2 Manufacturing is designed for the highly repetitive manufacturer. The E2 Shop System is available in an on-premise model or a SaaS model, which is hosted on the cloud, instead of in the shop. Shoptech takes the responsibility of hosting your data very seriously. That’s why they’ve partnered with the most reliable cloud management company in the business: Rackspace.

Founded in Queensland, Australia in 1994, TrueERP was designed to meet the needs and demands of manufacturing companies across a vast amount of industries, from agriculture and retail to automotive, engineering, food and beverage. Whether your manufacturing process is a simple assembly of components or requires the scheduling and monitoring of multiple processes and resources, TrueERP can help. TrueERP software integrates all of your business systems into one easy to use solution. It also comes complete with every module and function included, so you only need to enter data once and the entire suite knows about it.

Source: Elizabeth Quirk


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in Vietnam and China. Please feel free to contact us to find the most suitable and flexibel ERP for your business.

epicor helps UK manufacturers

Epicor: Why connectivity is key for UK manufacturing

Epicor is helping UK manufacturers overcome the challenges of Brexit by achieving a connected enterprise through digital transformation.

Epicor’s roots go back to the early 70s when, in previous iterations, the company began developing software for job shop manufacturers. Fundamentally focused on delivering industry-specific core solutions for manufacturing, Epicor was founded in 1999. Where there is a customer demand – typically with lower volume, higher value types of businesses – Epicor’soffering supports manufacturers of configuring to order and made for demand products.

Digital Transformation

Epicor’s Regional VP for UK & Ireland, Mark Hughes, believes that the efficiencies technology can bring to manufacturers are critical and its where Epicor aims to be at the cutting edge with functionality. “Deployment methods, cloud, SaaS, all of these things are becoming more relevant,” he says.“Whether we call it Industry 4.0, the Internet of Things or simply connectivity, it’s about taking technology and really enabling a business to get value out of that. The big thing we’re seeing at the moment is interoperability between the shop floor and supply chain. The ability to take data from anywhere in your extended enterprise, and turn that into something that helps you react quicker and satisfy more customers by making better decisions.”

Hughes warns against the dangers of being seduced by the latest “shiny new things” which can create an unwanted layer of complexity rather than adding real value. He advises: “Whatever ERP product you’re using has to fundamentally behave in a way that your business does. Increasingly, a younger workforce expects tools and systems to behave in the way we’re accustomed to with apps on smartphones. It’s that user experience approach we’re adopting at Epicor. Achieving user adoption and making the tools easy to use is critical, and technology aids that.”

The challenge for widespread digital transformation in the manufacturing industries, from automotive to food & beverage, is a deeper one than that faced by service industries with a virtual business model. “Manufacturing tends to have a shop floor with tools and machinery,” notes Hughes. “It’s why these customers are more comfortable with physical servers and are less driven to move to the cloud. Hence the need to offer choice with hybrid solutions that can start on-premise and move to the cloud where required.”

Hughes sees the hybrid-type model offering flexible solutions for manufacturers. “You can do real-time data capture physically on the shop floor, analyze it and at the same time that data can be passed up into the Azure cloud. Combining this with other data being processed means another level of analysis can be achieved. It’s not only hybrid in terms of taking particular pieces of capability or functionality and choosing where they sit, but it’s actually about levels and layers within what you do, and using that differently.” Epicor’s customers are embracing this approach. Dutch fine metalworking company Boers utilizes a shop floor where every piece of equipment is IoT enabled (see video) and drones are even used for stocktaking.

Elsewhere, London Electric Vehicles (formerly known as black cab company London Taxi) is another Epicor customer in the throes of business transformation by applying technology to the manufacture of its new, cleaner vehicles. Ultimately, whether its fully connected or mechanical sensors used for local analysis, Hughes believes it’s all about what adds value giving companies the opportunity to do more for less and de-risk.

Brexit

Preparing for risk is a big focus for UK manufacturers operating under the looming specter of Brexit. “Uncertainty always offers opportunity if you’re geared up to take it,” says Hughes. “Looking at the two different sides of our business… For food manufacturers, there’s a great opportunity to embrace the made in Britain concept. We’ve got some very successful customers, such as Ian Macleod whiskey distillers, doing just that and sourcing local ingredients to make unique local products.” 

It’s a different story for companies reliant on extended supply chains across borders. “They’ve got huge problems to overcome,” reckons Hughes. “Whatever happens after October 31st transporting across borders will be a real challenge. We’re seeing customers stockpiling raw materials and components. From a systems perspective, being able to identify and declare origins of goods, whether it’s a hard or soft Brexit, is going to lead to the necessity to be able to provide a lot more information about how goods have been created. Many Epicor customers are familiar with offering high levels of traceability throughout their products, whether that’s serial numbers of electronic components or down to what field a potato was grown in that ended up in a bag of crisps. The ability to quickly adapt to changing reporting requirements is going to be critical.” Allied to this, growing issues with the movement and reduced availability of labor is having an impact that is changing the way companies do business. “Going forward it’s important for Epicor that anybody we choose to work or partner with has a similar global model,” says Hughes who believes that the spread of capabilities maintaining the ability to service customers will be vital.

Trends

Many UK manufacturers have excelled when it comes to design and prototyping at the front end, but Hughes believes there’s an opportunity to improve production processes via automation. “How do we join the two up?” customers are asking Hughes. “A lot of them are also looking to get technology across the supply chain, making it more robust with much better levels of communication and visibility.” Hughes also notes the prevalence of the “Amazon effect” in B2B leading to customers demanding reduced lead times even with configure to order custom products. “It’s why many of our clients are looking for technology to help them make better predictions about what their customers are going to want so they can satisfy demand quicker.”

Hughes highlights that the UK has been relatively slow to adopt technologies such as automation. “There is catching up to do across the board to keep up with industries like aerospace and automotive…” He believes the best progress can be achieved with automation in bite-sized chunks. “For some of our customers, that’s as simple as putting mechanical sensors on devices to count the number of cycles a machine goes through to then start looking at simple automated handling. For others, that’s right through to the use of fully automated cobots.”

Hughes speaks to UK customers building new factories with connectivity in mind from the outset. “They’re thinking about which areas, from IoT to automation, that will make them more efficient and add real value going forward,” he says. Meanwhile, Epicor is doing its part to encourage collaboration on these key issues facing manufacturers by inviting customers to participate on advisory boards which will shape the future of their products, and the industry itself. “Some weeks I’m visiting five different UK manufacturers,” reveals Hughes. “We’re seeing them go through significant business transformation projects. To be able to bring my 25 years of experience in and around software for manufacturers, and share that knowledge to help them use technology to make their businesses future proof really excites me.”


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

epicor study manufacturing growth

Manufacturing sector sees growth despite market challenges

Manufacturing business growth has continued to rise over the past year, but at a much slower rate than the previous 12 months, according to a recent study by Epicor.

The Global Growth Index by Epicor Software Corporation also noted that despite challenging market conditions and the difficulty in recruiting and retaining skilled staff, there has been a marginal one percent rise in the number of businesses reporting growth.

For those companies who have experienced growth, maintaining it hasn’t been easy over the past year. Forty-two percent admit it has been challenging, whilst a fifth (22 percent) have found it stressful.

Steve Murphy, Epicor

                                          Steve Murphy, Epicor

Forty percent of businesses cite market conditions as having a negative impact on growth, and 23 percent feel that staff skills and experience have also played a detrimental part in maintaining growth.

Political volatility and uncertainty also continue to be a common cause for concern across the globe. Thirty-two percent of respondents cited the China-US trade dispute as likely to have a negative impact on future business growth. A quarter of businesses (24 percent) stated that the uncertainty surrounding Brexit is also still a big threat.

“The manufacturing industry plays an integral role in our global economy and people forget that it is responsible for delivering important products we use every day,” said Epicor CEO, Steve Murphy. “As such, the health of the manufacturing industry is something we should all be concerned about. While it’s good news to see that growth in this industry is still taking place, we need to keep a close eye on what factors are contributing to this growth and what factors are causing a lag. The information in the Global Growth Index empowers businesses so they can make strategic plans that will best position them for the future.”

Now in its third year, the Epicor Global Growth Index is designed to measure the state of worldwide business growth within the manufacturing industry. The Index tracks the performance of businesses—year on year—within 13 territories across a number of key indicators, including turnover, profits, headcount, and product range. Compared to last year’s results, the Growth Index rose by one percent. This is down from 3.7 percent in the previous 12-month period.

Source: Adelle Geronimo


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturers in Vietnam and China. For direct consultation, please feel free to contact us.

smart manufacturing

Adaptive ERP Solutions Empower Transition to Smart Manufacturing

Industry 4.0, or smart manufacturing, brings together multiple technologies like big data analytics, IoT, artificial intelligence, advanced robotics, 3D printing and augmented reality, etc. to help manufacturing companies stay competitive.

Next-generation ERP systems can play a key role for manufacturers as they implement smart technology to solve business problems. While legacy ERP systems may not be designed to adapt to smart manufacturing technologies, ERP that enables manufacturers to recognize new technologies and leverage them for business advantage is perfect for today’s business climate.

Below are some reasons why a next-generation adaptive ERP system can empower a business to move to smart manufacturing.

Adaptive ERP lets managers make informed decisions based on data

As smart sensors take over a connected factory, manufacturers can take advantage of a core system that accumulates data from every machine, crunches it, and provides actionable insights. These insights allow managers to make informed decisions and measure business outcomes.

Without an adaptable ERP system, one that includes features such as predictive maintenance of machinery, advanced automation to optimize shop floor operations and better customer service, businesses will find it hard to reap the potential benefits of Industry 4.0.

Enhancing customer experience

No manufacturer, whether B2B or B2C, can afford to ignore the importance of customer experience. Customers influence the way a product needs to de designed, manufactured, packaged, and delivered to the last mile. Therefore, manufacturers should create and maintain a completely digitized, transparent, and fast-paced value chain.

A modern, adaptive ERP system allows manufacturers to share data from every part of their system, be it the shop floor or the boardroom. Such a fast, seamless, and real-time movement of data may not be possible through legacy ERP systems, many of which were not built for deep integration. For many manufacturing organizations, ERP systems are still driven by manual and thus error-prone transactions. Modern manufacturers are now moving toward intelligent ERP systems that, in addition to decreasing errors, can effectively boost productivity, efficiency and data integration.

Invoking Flexibility 

Success for today’s manufacturers lies in providing extremely personalized products, rather than churning out batches of mass products. They also need to keep a tab on the operating production cost while ensuring this mass customization. In other words, their production processes need to be a lot more flexible. Companies will need to adjust production dynamically, keeping in mind the evolving market needs.

Dependence on outdated ERP systems can inhibit this flexibility, making it harder to scale production up or down. Cutting-edge ERP lets companies rapidly respond to dynamic market needs and customer expectations. It also helps improve resource management to control spending and reduce waste.

Managing Change

Business process transformation is inevitable for manufacturers as they adopt Industry 4.0. technologies. However, the bigger challenge for them, and especially for Indian manufacturing companies, is to gear up for unexpected market moves.

These moves come in all shapes and forms such as customer demands, new regulatory reforms or new compliance/policy requirements. One such change was the recent introduction of GST in the country. It’s important that the ERP system is well equipped to manage such changes, while the manufacturer can focus on their core business operations.

Source: CXO.today

cost-efficient manufacturing erp

Using Epicor ERP to achieve a cost-efficient manufacturing operation

In a Manufacturing Environment, a modern ERP system should support a wide range of planning methods. Let’s take a closer look at how technology and more specifically, an EPICOR ERP, can shape a couple of manufacturing details like the Bill of Material (BOM) and Bill of Operations (BOO).

With an Epicor manufacturing software ERP solution, BOM and BOO functionalities are built within a single functionality called Method of Manufacturing (MOM). BOO, however, is tailored slightly differently as it is defined by a different set of operations to be performed with the limited resources allocated to it. These Operations could be internal or external, with External operations marked as Sub-contracting (with a preferred supplier and estimated unit cost, while the number of days of external operation is defined at the sub-contract section).

Similarly, BOM will have different materials or sub-assembly components required to manufacture the Product. A product or assembly item may be made up of certain materials or sub-assembly items and therefore requires a multi-level BOM. Epicor has the functionalities to define different levels of BOM and to calculate the cost with roll-up options.

With an EPICOR ERP solution, the Manufacturing details can be prepared in different stages

  1. While preparing the quote
  2. Method of Manufacturing in Engineering Work Bench
  3. Directly in the Job Entry (can be marked as Template to re-use in other Job Order)

There are also two scenarios in which the manufacturing activities can take place.

  1. Engineer to Order
  2. Make to Order or Make to Stock

In the Engineer to Order scenario, the process begins by preparing a new BOM and BOO for manufacturing the product(s), wherein the Company will not have manufacturing details ready but the process will begin by defining it first.

As mentioned before, with Epicor the user can define manufacturing details at the quote level, as it is important to calculate the estimated cost by considering various cost elements like Labour Cost, Burden Cost, Material Cost, and other additional costs. This helps the salesperson to work easily on the Quote price, adding mark-up/profit to the estimated cost.

Manufacturing details are added in the Quote as shown below,

cost-efficient manufacturing erp

Reviewing the estimated cost and adding Mark-up/ Profit as shown below,

MOM defined at Engineering Work Bench is shown below,

In Make to Order/Make to Stock scenario, BOM and BOO details will be available with the necessary information to carry out the manufacturing activities.

Once a Sales Order is created for an item, a respective Job Order will be created to fulfill the Demand. A Job Order can be created using the planning method i.e. Material Requirement Planning (MRP) or by a manual method.

The created Job Order goes through a life cycle with different phases as given below,

  1. Engineering
  2. Scheduling
  3. Release
  4. Issue Materials
  5. Start Operation/ End Operation activity
  6. Job Completion
  7. Job Close

If a Job Order is created using the planning method i.e. using MRP, an un-firm Job Order will be created and MRP will fetch the available manufacturing details and load the same into the created Job Order.

If the Job Order is created manually, manufacturing details can be added directly or called from other placeholders – Quote or Engineering Work Bench.

A Job Order with manufacturing details added appears as shown below,

erp saves manufacturing costs

Once the Engineering activity is completed, the job order will undergo a scheduling process, where operations will be scheduled with the respective resources assigned.

With Epicor, a user can schedule the job operations either forward or backward, and can also set the default preferred type.

A Job Scheduling board with different operations and Resources appear as shown below,

With Epicor, we have Scheduling options like start-to-start, start-to-finish or finish-to-finish which helps the user retrieve the resources from one operation and feed it into the next operation in the timeline.

Graphical representation of Scheduling is also available with the ability to modify the schedule, based on the priority of the customer. For E.g. the scheduling option within Epicor helps the user work comfortably and alter the schedule when needed.

Once the scheduling is done, the Job Order will be marked as Released. This is an indication that the materials required to execute the job can be issued/released and the operations can begin with the released resources (man or machine). Also, labor hours can now be entered accordingly, upon the completion of operations.

The material issue to the Job Order is as shown below,

epicor saves manufacturing costs

There is higher financial visibility with an integrated ERP system like Epicor, from material issues to the Job Order and labor hour entry for your manufacturing operations.

As one Operation can have one or multiple operations depending on the MOM definition, operations will be carried out by finally reporting the quantity produced and entering the labor hours.

Reported quantities will then be moved from shop floor to inventory or to another Job Order to carry out additional manufacturing activities based on the requirement.

Epicor has various functionalities to perform the movement of Finished or Semi-Finished Goods from shop floor to inventory, one shop floor to another Shop floor, etc.

Once, all required operations are completed, the Job Order will be marked as Completed, which will prevent the user from adding manufacturing details. However, the consumption of material or Labour Hours can still be entered.

Labour Hours and produced quantity in each operation are entered as below,

best cost-saving erp

If the produced parts/semi-finished goods are to be taken to stock, then the functionality “Job Receipt to Inventory” is used as shown below,

erp saves manufacturing costs

Products manufactured as per the Sales Order demand, from the Job Order can also be shipped directly from the shop floor to the customer.

Job Completion and Closing can be done as shown below,

best cost-saving erp

As a last phase in the Job management, the Job Order will be marked as Closed which will prevent the user from booking any more labor hours or issuing any further material.

When a Job Order is closed, financial aggregation for the entire Job will be automatically available.

As described above, the benefits of a comprehensive ERP software solution are endless. EPICOR ERP system solves a number of challenges and provides invaluable benefits to manufacturers seeking to reduce costs, manage growth, streamline processes and gain a competitive advantage. EPICOR ERP integrates all areas of business (materials and inventory, production, operations and sales, accounting and finance, etc.) so that every business function relies on a single database. This “information hub” delivers accurate, real-time information crucial to the manufacturing industry.

Source: Rhein Bruke

Data V Tech is the Epicor’s authorized partner and leading consulting firm implementing ERP solutions in Vietnam. Let us know your company’s size, needs, and budget by filling the form here, and we will contact you the soonest with your solution. 

next manufacturing erp

What to Look for in Your Next Manufacturing ERP

Your next ERP will be the control panel of your manufacturing business for the next decade. The features it provides could make or break the productivity of your entire team.

But the way you deploy this platform could have even greater ramifications.

Whereas cloud ERP solutions were considered a rarity just 10 years ago, they’re now commonplace. Many manufacturing enterprises are singing the praises of their cloud ERP systems. But that doesn’t mean all cloud platforms are created equal—or that once you’ve decided to go cloud, your decision process has ended.

The truth is, “cloud ERP” is a broad category that encompasses several different deployment options.

Your Options for ERP Deployment

It wasn’t that long ago that the only deployment model for ERP was a licensed, on-premise solution. Your company would purchase software licenses, install the software in your data center or server room, and extend access to your users.

Today, even if you’re set on a cloud solution, you’ll have several more decisions to make:

  • Software as a service (SaaS). SaaS ERP solutions are hosted elsewhere—rather than on your company’s servers—and accessible to you through a browser.
  • Hosted solution managed by your ERP vendor. In this deployment model, you buy licenses as you would with an on-premise solution. The difference is that you’ll pay a fee for your vendor to manage and maintain the software on their own hardware.
  • Hosted by a third party. The main difference between this model and the previous one is that someone other than your vendor will manage the hardware, hosting, and maintenance.
  • Hybrid. The hybrid model gives you the flexibility to install some elements of your solution on-premises while letting a third-party host the rest.

Which of these options are cloud deployment options? All of them. “Cloud ERP” refers to any solution that your users access through a browser. If you install the software on your own servers, it’s called a private cloud deployment. If the software is installed outside your premises, it’s called a public cloud deployment.

Manufacturers Are Embracing Cloud ERP Deployments

The many types of cloud ERP deployments available may seem overwhelming at first. But manufacturers are navigating their options—and choosing the cloud in droves.

The Mint Jutras 2019 Enterprise Solution Study asked companies which deployment model they’re using. Just 23 percent responded that they’re using traditional vendor-hosted deployments. By contrast, 60 percent reported that they’re using SaaS or vendor-hosted deployments.

The cloud will only get more crowded in the years to come. The same study revealed that 28 percent of participants plan to move their ERP deployments to SaaS within the next two years. Another 23 percent plan to do so “eventually.”

Source: Industry week.


Get Support for Your Deployment Decision

Now that you know more about your options, which type of ERP deployment should you choose?

Contact us for direct consultancy!