1. Understand your data sources Before you dive into your ERP data, you need to have a clear understanding of where it comes from, how it is collected, and how it is organized. ERP systems typically include modules for different functions, such as accounting, inventory, sales, human resources, and so on. Each module may have
Have you ever experienced a strange sound coming from your car? You instinctively feel something is wrong, but what next? You must call the dealer and tell them, for example, that the car makes a noise when tapping the brakes. Then you need to arrange an appointment, get to the appointment itself, and so on.
The commercial aviation industry is on the cusp of unprecedented change spurred by growth in Advanced Air Mobility (AAM). Predictions of a CAGR of 35.2% will take AAM market size to upwards of $68 Billion by 2032. Cutting-edge air vehicles and innovative propulsion systems, such as all-electric engines, are already rapidly gaining ground, and promising to reshape
1. Define the scope and goals Before you start working on an ERP system update, you need to have a clear and shared understanding of what you want to achieve, why you need it, and how you will measure it. This means defining the scope, goals, requirements, and deliverables of the update, as well as
Manufacturing organizations are facing the requirement of reducing their carbon footprint and CO2 emissions level, especially in Europe, where the regulatory landscape is accelerating quickly. To understand where companies are, and which challenges they are facing along this journey, IFS ran a roundtable event with over 13 France-based C-level executives, mostly representing large multinational companies.
1. What is hands-on training? Hands-on training is a type of learning method that involves doing, rather than just watching or listening. It means that you get to interact with the ERP software directly, and practice the tasks and scenarios that you need to perform in your role. Hands-on training can take various forms, such
Scheduling service technicians efficiently poses a significant challenge for many companies today. With high volumes of jobs and resources, customer SLAs, and intense competition, this challenge will only intensify in the future. This is precisely where automation can revolutionize scheduling processes, and IFS is at the forefront of this transformation with its planning, scheduling and
Edwards Lorenz was a meteorologist and a mathematician who set off to devise a model to predict the weather but ended up discovering the chaos theory. He observed that small changes in a simple model led to different and drastic effects on the weather, from sunny skies to violent storms; and there was no way
Released in December 2023, the IFS Enterprise Asset Management (EAM) Trend Report offers a comprehensive analysis of the industry’s present landscape while exploring its challenges and opportunities. The report is a result of extensive market research and insights from 430 asset managers across various industries. Here are the highlights from the IFS EAM Trend Report: Enhancing efficiency
Fly me to an asteroid, hydrogen becomes the green king of fuel, supersonic travel meets reality, AI gives predictive maintenance the edge, and the battle against counterfeit parts Rob Mather, Vice President, Aerospace and Defense Industries at IFS looks at everything from new players in the global space race, to hypersonic flight, AI making predictive
