According to a recent, global IFS study, 67% of manufacturing organisations find it difficult to fill positions with 40% citing the scarcity of skilled and qualified talent as the most common challenge. These figures reflect the latest state of the chronic talent scarcity problem that manufacturers have been suffering for a while now which can also be seen in the Talent Scarcity Infographic. However, this time around,
Contracting with the U.S. Department of Defense (DoD) can represent a significant revenue opportunity for A&D manufacturers, but this doesn’t come without its fair share of regulatory hurdles. In fact, polling research shows regulatory pressures from import/export and security regulations and difficulties in electronic contract reporting and supplier classification are top of mind for A&D
Firms in the construction and engineering industry deliver complex, high-value projects for exceedingly small profit margins. This creates major business risks, meaning that effective project financial control is essential if you are to keep your business on track. And with the global construction market predicted to grow by US $4.5 trillion to reach US $15.2
One of the biggest challenges faced by the industry is improving business and project margins. But what steps can be taken to address this issue? When it comes to project management, you’re left with two choices: either increase the payment from your clients or cut down on project expenses. The option to increase the revenue value
No industry is immune from the famous ‘digital transformation’ buzzword, following a period of such intense social and business change. However, there are some who are perhaps feeling the pressures of accelerated change more than others. Those that have always relied on the power of technology, yet now find themselves in an investment cycle to update their
As companies attempt to orchestrate new product-as-a-service business models, adopt circular economy ambitions and rise to increasing customer and employee expectations, Mark Brewer, VP service industries at IFS, shares his top five field service trends for 2023. Companies are pressured to continue to develop superior service offers to differentiate their brands, increase margins and secure
We’re excited to share the first twice-yearly update of IFS Cloud. As always, we’re constantly looking for ways to improve our products, and our teams have been hard at work collaborating with our customers and listening to the market to make improvements that will deliver the business value you need. In this blog post, we’ll share a few highlights that will help
Having worked in the Energy, Utilities, and Resources (EUR) sector for most of my career, I’ve been fortunate to witness some amazing changes in how we power the world. But nothing compares to the state of the industry today. Along with technological advances, EUR organizations are under increasing pressure to support a path forward that
Ensuring an enterprise is running the latest version of software can mean the difference between market leadership and playing catch-up. A new guide from IFS, titled ‘how to achieve value from an enterprise-wide technology change’, primes management consultants and transformation managers driving high value, low risk business transformations with C-suite stakeholders. In this topic preview,
IFS Customer Success Services all start and end with one key element: a global team of committed professionals. Mads Rydder, Client Services Partner for IFS Customer Success, talks to us about his role, different aspects, and benefits of consulting engagements, and what he enjoys most about the work. You’re a Client Services Partner for IFS
