Multi-Modal Manufacturing
RECENT TRENDS BLUR THE LINES BETWEEN MONOLITHIC MANUFACTURING METHODS
Manufacturing processes vary by industry, finished goods, raw materials, operations, customer preferences, and other factors. Traditionally, manufacturers deployed singular methods of manufacturing. This is partly due to the nature of their business and past limitations with legacy ERP business software. For example, most make-tostock and make-to-order manufacturers employ a V-model manufacturing process where multiple raw materials result in a single finished good. Conversely, remanufacturing and some batch process manufacturers use an A-model process, in which a single raw material produces multiple finished goods.
However, times are changing, and manufacturers now leverage multiple manufacturing modes concurrently. This dramatic market shift is necessary to compete in today’s digital world to meet demanding consumer and business customer needs. Further, modern ERP applications, additive manufacturing technologies, artificial intelligence with machine learning, and other advances continue to force manufacturers to reinvent business processes and go-to-market strategies.
Recent supply chain disruptions also impacted how manufacturers use their business systems to manage manufacturing processes. For example, many manufacturers responded by acquiring smaller suppliers to fortify their supply chains by bringing critical supplies in-house. However, many of the related products require drastically different methods of manufacturing.
Manufacturers leverage modern ERP systems to connect commerce applications for direct-to-consumer (D2C) and online business-to-business (B2B) sales and go-to-market strategies that enable job shops to develop standard product lines to fuel growth.
Manufacturing methods comprise a vital component of every manufacturing ERP business system. Some systems provide robust inventory and warehouse management capabilities to forecast demand and manage considerable inventories in make-to-stock environments. Other ERP systems provide deep engineering and design features for engineer-to-order manufacturers. Specialized ERP applications are designed for food, chemical, and other manufacturers with batch process requirements based on recipes and formulas.
This eBook identifies the industry trends impacting manufacturing strategies and business application features commonly found in ERP systems designed for each manufacturing method. Discover how to capitalize on modern technologies to adapt to changing customer requirements, fortify your supply chain, and boost sales
by introducing innovative products in new markets.
Download the eBook here – Multi-Modal Manufacturing eBook