If you've been keeping track of tech trends in recent years, chances are you have heard of "Cryptocurrency". Such names like BitCoin and Dash have probably been overheard, and the notion of a digital or internet-based monetary transaction system may have been explained to you. However, a key component of how cryptocurrencies work (and what makes them so attractive) is Blockchain - and that aspect is becoming increasingly valuable to manufacturing supply chains.
Every business requires some sort of accounting and financial software package to function, whether it is the latest full accounting suites provided with ERP packages, spreadsheet programs with custom logic, or an old fashioned paper ledger. Many small to mid-sized businesses typically employ basic accounting packages intended for retail or "mom and pop" operations well past their intended range of functionality. Essentially, as your business grows you must also consider.
PokemonGO took the world by storm in a very short amount of time this year; with cute graphics and simple gameplay, the Augmented Reality (AR) smartphone-game encouraged users to go out into the world to capture tiny fictional creatures that became popular in the 90's and have retained relevancy.
Analytics are a huge part of business processes in todays manufacturing landscape, and IoT (Internet of Things) is starting to be found in almost all industries. However, some organizations are still unsure or have no idea how these futuristic tools and practices can improve their business processes. Here's an explanation.
Analytics and IoT:
a Manufacturing Marriage
If you don't already know, IoT refers to the Internet of Things, wherein physical devices, machinery,.
Infor has written an excellent blog regarding the future of digitalization in the manufacturing industry. From building the right strategy at the beginning to keeping your team informed and on task, digitalizing your manufacturing organization is an intricate task that requires careful consideration.
Most worthy of note, this blog highlights that:
How to buy an ERP? This is one of the most common questions heard in the business software industry (right up there with "What is ERP?"), and there's no easy answer. This guide will attempt to walk you through the process from start to finish, but for a more detailed and tailored-to-your-business explanation, feel free to contact one of our consultants; we're always ready to help.
What is ERP?
ERP (Enterprise Resource Planning) systems read more
Smartphones are a way of life for most people today, both in their personal and professional interactions. From GPS map directions to calendar syncing to emails and, yes, even phone calls; modern smartphones have become as ubiquitous as business cards. However, can your company smartphone join video conferences, check a colleagues status, answer customer calls in order of priority, and transfer between employees without being at your desk?
You've probably heard of 3D printing by now. If not, it's the procedure by which an object is created layer-by-layer using a specialized machine (also known as "additive manufacturing"). But it's not just for experimental engineers or hardcore basement hobbyists; 3D printing has the potential to be a huge business solution for manufacturers.
3D Printing: a Modern Business Solution
While 3D printing was a merely technology enthusiasts fantasy just a few years ago, it is fast becoming a viable path to manufacturing.
As traditional PBX (Private Branch Exchange) systems are becoming obsolete due to expensive call costs and frustrating customer service, VoIP (Voice over Internet Protocol) is quickly becoming the standard for many industries. More and more businesses are making the switch from their clunk plastic telephone paperweights on their desks to quick, responsive VoIP phone systems.
As the VoIP change sweeps across all nations, new business offices of existing companies and brand new start-ups should really consider skipping over the outdated.
With the advent of modern internet technology and services like mobile devices, web conferences, and VoIP (Voice over Internet Protocol) telecommunication services, the virtual workforce is becoming the norm for many businesses. It is becoming common to see companies who have large numbers of their employees working remotely, either from home, in another state or country, or permanently "out in the field". Being physically present is no longer a necessity.