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Running a manufacturing business is not easy: complying with strict industry regulations, consistently producing quality products, and responding to a rapidly fluctuating customer demand. And your IT team (or person) doesn’t have an easy job, either. Their days are spent fighting fires, manually consolidating from paper-based processes, keeping point solutions running, creating reports, and tackling hardware and software updates.
Leading manufacturers intuitively understand the importance of optimizing the flow of materials in their operations. They also are more mature in analyzing and interpreting the valuable data their businesses generate.
They’re under the hood of your car, on the medicine you take, and on the groceries you buy. They help shop floor operators make things like phone chargers, and you use them to figure out which flowers you should plant in your backyard. What are they?
Most manufacturing firms in the U.S. are small—99 percent have less than 500 employees, 75 percent of which have less than 20 employees.1 And since small manufacturing companies are at the heart of creating the products the world uses, they are in the unique position to make changes at the grass root level that can lead the industry.
In 1899 when pharmacist Jacob Shank created a compound flavoring of vanilla bean to improve the taste of his medicine, he had no idea that this inspiration would turn into a successful business over a century later. Since then, his company—Shank’s Extracts—has steadily grown by doing what it does best: quietly make the best quality products possible while being a reliable partner for its customers.
I recently had the privilege of presenting with Plex customer Sandy Kolp, Director of Program Management and Plant Manager, from Firstronic, LLC at IndustryWeek’s Manufacturing & Technology conference in Cleveland, Ohio. Firstronic is on a roll, having recently won IndustryWeek’s 2016 Plant of the Year award, along with four awards for Dependability and Timely Delivery, Responsiveness, Value for Price and Technology at the 2017 Service Excellence Awards (SEA), sponsored by Circuits Assembly Magazine.
If you have difficulty getting your arms around how your manufacturing business is actually performing, you are not alone. It’s the number one challenge many manufacturers I talk to want to tackle because it can mean the difference between running a successful company or managing a struggling company.
Modern manufacturing is too complex for manual processes, and relying on disparate systems to run your business drains precious time. In fact, thirty-eight percent of manufacturers say they face serious delays in decision making because of lack of timely information.1
Technological capabilities are advancing exponentially, and business leaders everywhere are asking the question, “How do I take advantage of all these new capabilities without losing focus on my core business?” Manufacturers are no exception.
What happens to IT staff in the move to cloud ERP? For many years now Mint Jutras has been asking survey participants in its annual Enterprise Solution Study what they find appealing about software as a service (SaaS). We give them quite an extensive list of potential benefits and allow them to select as many as they would like.