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Difficult to plan production? Does the price of components often change? Know when to place orders? The Agent option in Monitor ERP can help you in an ever-changing world.

Many companies that currently use Monitor G4 can look forward to no longer having to use their adaptations to upgrade to G5 (currently called Monitor ERP). 

The successful implementation of an ERP system has provoked considerable interest over the last few years. Although there is no shortage of reports on the success of ERP installations, many companies have tossed millions of dollars in this direction with little to show for it.

There are many types of manufacturing companies that all deal with a range of problems in their day-to-day work. Of those who have moved over to our ERP system, Monitor ERP, we’ve identified the three main challenges they all had in common before making the switch.

Implementing an ERP system in current times need not be a complicated and time-consuming endeavor, especially with Monitor ERP which can be implemented in a matter of months. However, it is also important to measure the success of your ERP implementation. There are many key performance indicators (KPIs) which you can measure but we feel that the below are essential success metrics that you should start with:

In an ever-changing market, the only constant that manufacturers face is change. Especially in these challenging times, the ability to adapt and make use of technology to plan out your business operations is essential to survive and stay competitive.

One of the major tasks of the purchasing department in the manufacturing landscape is to buy raw materials according to the bill of materials (BOM) and ensure all these parts are in the right quantity, right place, at the right time.

It is a known fact that knowledge is power in today’s business world. In the manufacturing industry, sharing the right information at the right time between all related departments is critical to ensure smooth operations of a factory. Transitioning into a Smart Factory requires not only smooth communication between departments but also good management of customer and supplier information, as well as integrated data communication for improved warehousing and production operation.

Let us face it, employee engagement is probably not a priority when evaluating work performance. Most employers may not even know if their employees are engaged or disengaged at work, much less know how to increase their engagement.

“Organic growth occurs within existing business through an engaged and high performing workforce.” - Gallup’s 2017 Employee Engagement Report.

The latest addition to Monitor’s range of value-added services, Monitor Academy, is an E-learning platform like no other. It offers a new way of learning the ins and outs of MONITOR at one’s own pace regardless of time and location. The lessons inside are constantly updated to make sure you get the most updated content to match MONITOR’s continued improvements.

As digital technologies reshape business processes, culture, and working environments, lifelong learning has become accepted as an economic imperative. Companies and business leaders hasten their pace to equip their employees with the best possible learning tools and resources to keep them engaged, skilled, and be at the top of the game.

To remain competitive, manufacturers must keep a tight rein on costs – be it materials cost, labor cost, manufacturing overhead, or other indirect costs. Defining and managing manufacturing costs has never been a particularly easy task. Capturing these cost data throughout the entire manufacturing process, from the first piece of production incurred until the final costs are identified, requires high accuracy, consistency, and relatively predictable estimating cycles to compare estimated costs and actual costs to determine profit or loss.

With the advent of communications technology, especially the Internet of Things (IoT), virtually any part of your manufacturing process can be connected. Connectivity is the basis for establishing a Smart Factory and progress towards Industry 4.0.
Having the ability to connect devices enables communication between all points on the shop floor and this is the basis of Machine Integration. It is the combination of several control computers into a system of connected machines with the purpose of raising output levels and reliability.

The advancement of technology has connected the world in ways we could never have imagined several decades ago. It has also brought about new expectations among people for instant gratification. We see this trend in offerings such as Amazon Prime, which offers same day delivery. Innovations such as these have totally changed the playing field for an entire industry.