Often, Small and Medium-sized Businesses (SMB) get their start using home-grown systems and those they’ve pieced together for specific purposes within their operations. However, as time passes and the organization grows, those same systems don’t scale and can hinder a business’ competitiveness because of poor performance. That’s where Enterprise Resource Planning (ERP) comes into the picture. An ERP system is one that integrates all your business’ essential operations into one interface, connecting the data you need to the departments that need it.
The latest component of Industry 4.0, Robotic Process Automation (RPA), maybe be an unfamiliar concept now, but soon these three words will be on the lips of operators big and small all over the world. RPA is already generating substantial revenue savings for businesses, with $50 million recovered in 2017, with a projected compound annual growth rate of more than 60% through 2026. Coupling this emerging technology with a business-centric solution like ERP systems will ensure your workforce is free to engage in the more demanding aspects of your operations, all while automation handles the rest.
There are a host of reasons why businesses ask the question: Do We Really Need an ERP solution? You may be asking yourself the very same regarding your business’ current state. For many growing enterprises, ERP is a “four-letter word”. However, operating within cobbled systems that demand attention with every little update or modification is like putting a Band-Aid on a bullet wound. This approach bleeds businesses dry. Addressing the shortcomings of siloed systems and preparing for growth before you’re inundated with orders, data, and paperwork by implementing an effective ERP solution will make all the difference.
Non-alcoholic beverage manufacturers are finding their niche in the brewing world. With 5% market growth for low and non-alcoholic beer brewers recorded during 2015, things are looking up for suds without the buzz.
Granted these brews don’t typically appear at your local brewpub, but wholesalers and retailers are picking up these brands to serve a population that respects the flavor but doesn’t want a more holistic approach to their consumption habits. Because alcohol is associated with a myriad of health risks, global consumption of traditional beer has dropped over the last few years.
Virginia’s brewers and winemakers are exceptionally anxious following the recent discovery of an invasive species in Virginia that could potentially threaten hops and grape growing operations throughout the state.
The spotted lanternfly, a sap-eating insect like the large Aphid, first appeared in the state early last month. Native to Asia and notoriously good at stowing away. It is suspected the potential nuisance arrived on a shipment of construction materials from China. In recent years the bug has been spotted in Pennsylvania and Delaware, which hasn’t done much to allay fears that the population is growing in number and reach.
Encompass Solutions’ Greensboro office had a great time last night meeting with Avalara to reconnect after the new year and discuss integration opportunities with clients in need of automated tax compliance in the form of an end-to-end solution.
Melt Kitchen and Bar was the venue, which served up some exceptional appetizers and beverages throughout the evening. The restaurant is known for their crispy Brussels sprouts and after ordering a few plates for our own research purposes we can definitely agree they are a must for anyone visiting. Sampling the craft brews on tap alongside good conversation kept the night’s event flowing smoothly at this local hot spot many of us will be revisiting in the future.
With the successful launch and reentry of Tesla’s Falcon Heavy rocket, now is an excellent opportunity to talk about robots, machine vision, and their roles in expanding space research and exploration.
Space robots. Emulated after us in terms of morphology and size, they are superior to industrial robots when it comes to versatility and capability. While right now they may not look as advanced or operate as nimbly as their representations in sci-fi features from the Star Wars and Star Trek franchises, that gap is quickly shrinking. Taking on repairs and other tasks deemed too dangerous for astronauts, these specialized robots are the obvious candidates for many of the precarious activities taking place beyond the relative comfort of Earth.
For those unfamiliar with the Craft Beverage Modernization and Tax Reform Act, the recently passed tax reform applying to alcoholic beverage manufacturers, the short of it is that the legislation offers two years of heavy relief from federal excise taxes applied to one of the most severely taxed industries in the US. So, what are craft brewers, distillers, and vintners going to do with it? For most, the word is grow.
The tax breaks will translate into substantial annual savings for these craft beverage makers, between $20,000 and $100,000 to be more precise, and allow them to hire more staff, expand operations, and invest in marketing to build their brands.
Maintenance, Repair, and Overhaul (MRO) costs can cripple a manufacturer’s bottom line, especially when the required work compounds problems by impacting production to a significant degree. Implementing a dynamic ERP solution, like Epicor ERP, can address the issue before it becomes a problem. Through an effective mix of Quality Assurance and Asset Management modules, Epicor has built a powerful solution to specifically tackle the tasks associated with maintenance management, from Small and Medium Enterprises (SME) to multinational corporations.
A new industrial revolution, Industry 4.0, is blending automation and data exchange in ways that have never been possible before. The change has strengthened the concept of a “smart factory” that integrates cyber-physical systems, the Internet of things, cloud computing, and cognitive computing to create an increasingly cooperative relationship between man and machine throughout the manufacturing process.
Some fantastic developments regarding the future of employment in this new landscape were revealed in a report released last week by the Association of Advancing Automation (A3). The document detailed how automation and, more specifically, robots work to create increasingly valuable and necessary work roles, how the skills gap is being addressed at home and abroad, and how worker wages figure into the equation.