Do you remember Hal from the 2001 movie A Space Odyssey? Hal was a sentimental computer with artificial intelligence. Even though the movie was released in 1967, it beautifully portrays today’s world. Hollywood has always been obsessed with AI and machine learning. But if you look closely, you will see that AI isn’t sci-fi anymore. It’s…
What are the Possible Ways of Making Semiconductor Manufacturing Eco-Friendly?
Modern technologies such as smartphones and medical technologies heavily rely onsemiconductor manufacturing as a critical technology. However, this industry also has itsrepercussions on the environment. Semiconductor manufacturing is a complex process thatrequires large amounts of energy, water, and hazardous chemical materials. The global consumption of electronics increases, and subsequently, the necessity for environmentally friendly manufacturing…
Which Manufacturing Type is Right for You? Discrete vs. Process
Discrete vs process manufacturing are the two primary approaches used in the manufacturing industry. While both methods involve producing goods, they differ in ways that suit specific sectors and business types. This publication aims to provide a thorough understanding of the differences between these two manufacturing approaches and guide readers in choosing the one that…
Your Ultimate Guide to Order Management Process Flow
An essential component of corporate operations is order management, which entails the careful tracking and completion of sales orders. It guarantees accurate product allocation at the appropriate time and location from the moment the order is placed until it is delivered to the customer. Moreover, order management effectiveness has a big impact on profitability as…
How to Transform Manufacturing Management Through Design Thinking
In 2024, business struggles have gone beyond the traditional. Decision makers now have to grapple with more than just labor shortages and rising materials costs. Climate change, geopolitical instabilities, regional conflicts, and ever-shifting consumer demands mean that more agile and efficient means of manufacturing management are needed to keep customers (internal and external) happy and…
The Vital Role of ERP Systems in the Electronics Industry
In the electronics industry, efficiency, and compliance are paramount, and Enterprise Resource Planning (ERP) emerges as the cornerstone of success. Tailored specifically for electronics manufacturing and distribution, ERP systems offer a comprehensive suite of tools to integrate and manage critical business processes. From production to supply chain management, and quality control to financial oversight, ERP…
Distribution ERP Software Everything You Need to Know
In the last few years, distributors looking to escape the inefficiencies of manual processes are increasingly turning to Enterprise Resource Planning (ERP) systems. This software, which offers advanced workflow and automated scheduling capabilities, has proven to be a game-changer in reducing supply chain inconsistencies and ensuring customer satisfaction. It’s no wonder ERPs are on the…
How to Overcome the 4 Key Limitations of QuickBooks Online Inventory
QuickBooks Online (QBO) businesses mainly small and medium sized to track their inventory adequately. It makes stock management easier, provides visibility into product levels, and opens the door for sales reporting. However, it’s important to become conscious that QBO inventory, like any other system, has its limitations too. Being aware of these limitations can ensure…
Everything You Need to Know About Asset Management in Manufacturing
The advancements with Industry 4.0, be it robotics, machine learning (AI), artificial intelligence (AI), or augmented reality (AR), are getting tangibly involved in the manufacturing industry, making consistency and maintenance a prime requirement. This requirement causes a high demand for proper asset management techniques. Asset management involves supervising an organization’s assets to optimize relevance and…
New Update: Marking Sellable and Purchasable Items in Megaventory
In Megaventory, optimizing your product inventory just got easier. With the ability to mark whether a product is sellable or purchasable, you gain greater control over your inventory management process. Let’s delve into how this feature works and explore its benefits. How to Utilize Megaventory’s Sellable and Purchasable Product Features: Stop by our Knowledge Base…