When a software provider such as IQMS talks about integration, we are typically referring to the seamless flow of information from function to function (module to module, department to department, etc.) as it relates to data, the database and the application, as well as access to that data. From the database to the plant floor to personal and professional relationships, integration of information is the most efficient way to get things done at the workplace.
IQMS Blog for Manufacturing ERP Expertise
Manufacturing is an ever-changing endeavor. The days of a manufacturer specializing in only one type of process (for example, machining, injection molding or stamping) have evolved into more solutions-based enterprises. IQMS customers are no exception. Despite the recent economic recession, our customers have seen growth in multiple directions as their product offerings and process expertise expands. Clearly, IQMS customers are not afraid of innovation.
At the end of the day, as the truck carrying your freshly manufactured goods pulls away from the dock, you wonder what sort of profit your hard work and quality products delivered. Unfortunately, the costs of running a manufacturing business are not completely straightforward. When you factor in material expenses, overheard such as rent and utilities and employee wages, how do you determine whether you are losing money or making money on each product that you manufacture?
2014 has flown by! I can hardly believe that it is the middle of April. The major league baseball season is underway, Easter egg hunts were enjoyed by many last weekend and the weather has been calling it in at a consistent 75 degrees. With the first four months of this year passing by so quickly, I know it will be November before I can blink an eye. Looking ahead, what does the rest of 2014 appear like for the greater manufacturing industry, the IQMS company as a whole and my manufacturing department? Let's begin with the global picture and work our way down to a more micro level:
When Poly-Cast Plastics (Suzhou) Co., Ltd. first established its facility in China, it outsourced its financials to a Chinese CPA. But the sub-contracted CPA was only managing the People's Republic of China (PRC) tax law side and not providing any data to Poly-Cast to help it make better business decisions.
It's official: Registration for User Group 2014 has opened! In celebration of IQMS' 25th anniversary, we have compiled a list of the top 25 reasons you don't want to miss this conference. Jam-packed with strategic guidance, tips and tricks, best practices, software development and dynamic networking, you are certain to leave with actionable takeaways to maximize your software utilization. So without further ado, here are the top 25 reasons you should attend User Group 2014:
Loosely defined, the Internet of Things (IoT, for short) is the concept of connecting everything imaginable to a network so that information can be quickly and easily shared through network connections with everything else. Today, there are more devices connected to the Internet than there are people in the world, resulting in a vast collection of data that can be analyzed, communicated and acted upon.
Several years ago, I said that automation and specialized systems were a requirement for companies seeking product differentiation and profitability. Today, that statement has grown and automated systems for manufacturing companies have become the required daily vitamin for both simple and complex companies to survive.
If you are a fan of TV shows from the 1970s, especially late night TV, then you'll remember Carnac the Magnificent. This recurring comedic character was Johnny Carson in a Swami hat. In his sketch, Carson would delight viewers by announcing the answer to a question stored in a hermetically sealed envelope that he held up to his head. He would then tear open the envelope and read the question. The answers seemed pedestrian until Carson read the question, then you giggled like you were part of an inside joke.
Back in late 2011, when we began the planning process for our second building at our IQMS corporate headquarters in Paso Robles, we prepared workforce projections for two years, five years and 10 years, based on our then-current headcount and our projected growth. Being conservative optimists, we decided on straight-line appreciation at 20 percent year upon year (44 percent over the first two years). When we completed the calculations and looked at all those numbers, we were excited about the prospects. The rewards of our corporate philosophy on long term decision-making were manifesting in an increasing headcount.