If you are a small to mid-sized manufacturer and are interested in growing your business, a state grant or private funding could very well be a viable option for you. The United States Government and the manufacturing industry have teamed up in both public, and private, partnerships to create an extensive network of programs and services dedicated to helping small manufacturers. State grants have assisted companies to start their business, expand operations, implement management software, train staff, and, most importantly, become profitable. Don’t fall into the mindset that you are not eligible for public or private funding, as you could be surprised where potential assistance could come from. Continue reading
VP Joe Biden Speaking At NH Works Conference
OJT, or On-the-Job Training, is a federally funded program that no one seems to know about. Here, in New Hampshire, OJT works through the New Hampshire Works and is a part of the Workforce Incentive Act (WIA).
There are a great number of skilled people that remain unemployed today. As time goes by, their skill set can become stale. That’s where the OJT program comes in. Individuals that have been unemployed for at least 16 weeks can qualify for this program. Not only is this program great for these particular candidates, but the OJT program provides assistance to manufacturers with placement and, more importantly, financial assistance to train these potential new employees. Continue reading
What is ‘real-time’ ERP and data in manufacturing?
‘Real-time’ is a commonly used yet loosely defined buzz word in the manufacturing industry. What does it mean in terms of ERP (enterprise resource planning) software and what does it take to be considered a real-time solution? For this article, we shall define an ERP system with real-time capabilities to mean that the ERP system has the ability to update information throughout the system and across your company as the new information is entered instantaneously.
Often with ERP systems, on-the-ground transactions might be executed at point of use, giving the impression of a real time update to the system. Downstream however, batch processes must be run to upload the effect of those transactions to the rest of the system so those effects are visible to users in other modules. These seemingly subtle differences could make or break important data accuracy throughout your shop. Continue reading
The Benefits of an Integrated, ERP, MES and Scheduling Systems
Much is made these days of the Global, Interconnected world we live in, from Social Media to Smart-phones, but how interconnected is your own shop? Does purchasing know that Sales booked a bluebird, and materials are not available? Can the shop floor personnel have a schedule change at their station communicated instantly from the front office? How many separate spreadsheets does it take for you to run your plant?
Many manufacturers have implemented ERP (enterprise resource planning) software systems with the hope of improving their ability to deliver a quality product on-time, while maintaining manageable inventory levels. In an effort to save money, many companies purchased an entry-level ERP system that might manage inventory, or provide a particular focus for a given industry, but over time these systems have been outgrown as these companies face ever-increasing pressure to deliver on-time, improve quality and reduce prices. Continue reading
By the mid-1980’s MRP (materials resource planning) had become a blooming software industry expanding in 1.3 Billion dollars in sales throughout American manufacturing. MRP quickly became a necessity amongst major manufacturers in order to stay competitive in the marketplace. Fast forward to 2014, MRP has evolved into what is now coined ERP, or enterprise resource planning. While MRP is still very much alive within the realm of ERP, it has now taken a back seat to advanced functionality and is a must-have for modern day manufacturing. Continue reading
Join ProfitKey, along with special guest Omnify Software, on
Thursday, November 21 2013, 2:00-2:45pm ET
Reserve your Webinar seat now at:
Small to mid-sized manufacturers are constantly working towards new ways to streamline business practices & information (eliminate duplicate data entry), reduce carried inventory, and improve cash flow. Whether your current system consists of various excel spreadsheets, a homegrown system, or even the old white board, there is always room for improvement. Continue reading