4 reasons why real-time data are an asset to production
Tight profit margins and a growing pricing pressure are among the challenges the manufacturing industry is faced with every day. If you want to ensure your success in the market, you must maximize the efficiency in production, whether you are a manufacturer or a supplier. You can achieve this, for example, by processing real-time data.
Nowadays, status information in production can be entered automatically to a great extent. Numerous sensors measure various parameters and transfer the collected data to the ERP system in real time. In the following, we have summarized the benefits of real-time data and give you good reasons to use them.
How and to what extent can an ERP system support a company in increasing the productivity of their employees? What are the prerequisites for interdepartmental processes to run automatically and without any interruptions? And what potential lies in the integration of ERP software and third-party systems regarding the innovation agenda of a manufacturing company? These and further questions will be answered by the topical guide by teknowlogy | PAC in cooperation with proALPHA. It sets decision-makers thinking and provides them with a recommended course of action on how their ERP system can help them gain a greater added value. The guide can be downloaded free of charge (in German only).
Mechanical and plant engineering companies have a bright future ahead of them, despite many crises. To fully exploit their potential, they need a modern ERP system. Their success is based on a three-pillar approach.
The mechanical and plant engineering industry has seen better times. Corona, Brexit, and the US-China trade war have left their marks. However, small and mid-sized enterprises consider the digital transformation their biggest challenge. At the same time, it is also their biggest chance.
Since the digitalization revolves around a future-proof ERP system, many companies have to replace their software. The success of this gigantic project depends on three pillars:
The Smarty Factory of Graz University of Technology shows the future of digital production
The model factory developed by Graz University of Technology in cooperation with proALPHA and other industry partners offers specific digital showcases for small and mid-sized enterprises.
The smartfactory@tugraz, the model factory by Graz University of Technology, demonstrates the many potentials of digital production today and tomorrow,. With approximately 300 sqm in size, the factory has a variety of plants and machines, just like the ones that are used in the modern industry. These are used by the team of operators lead by Dipl.-Ing. Dr. techn. Rudolf Pichler to showcase specific topics of the production environment.
The research and teaching factory initiated by Graz University of Technology in cooperation with proALPHA and other industry partners is aimed at students as well as small and mid-sized enterprises that want to get a glimpse of the future of digital production.
The smart factory is supposed to demonstrate buzzwords like "Industrial Internet of Things", "Smart Production", and "Digital Twin", and help understand the potentials for digital transformation with hands-on simulations.
Eight Reasons to Switch Now
Many persons in charge of the ERP operation at SMEs are still reluctant to run their ERP system in the cloud. They have doubts concerning security, control and costs and therefore don't dare to look into the subject of ERP from the cloud. Yet, there are many good reasons for switching. The ERP provider proALPHA tells you the eight most important reasons why SMEs are amazed by ERP from the cloud:
WHAT IS REAL-TIME?
There is no clear definition of „real time“ since every pro-duction company uses the term differently. The use case defines the meaning of real time. For some scenarios it might be split seconds, for others a range from seconds to minutes might still be considered real time. The golden rule is: There may be no perceptible delay within a defined procedure.