The outlook for small to medium business manufacturing

It is clear that the future in manufacturing belongs to small medium, innovative businesses that are willing to embrace new and emerging technologies and find new ways to serve new customers in new markets.

Over the next 5-10 years, small medium manufacturing businesses in Malaysia will need to embrace the industrial revolutions that is taking place today else risk been rendered irrelevant in today's Digital Disruptive age.

Whenever there's widespread change in any sector you can bet your bottom dollar that a word will be coined alongside it, and the new buzzword for the combination of industry and the current Internet of Things (IoT) technology is Industry 4.0.

A German government memo released way back in 2013 was one of the first times that 'Industrie 4.0' was mentioned. The high-tech strategy document outlined a plan to almost fully computerize the manufacturing industry without the need for human involvement.

Think about what the industrial revolution did for the textile industry and the automotive industry in the early 20th century and you get an idea of the type of wholesale change that is already taking hold of the industrial sector. You're probably wondering exactly what it is though, and with that in mind, there are new technologies you absolutely have to know about the future industry trend. 

Many manufacturing companies have a difficult time deciding which direction they need to go from a software standpoint. Talk to us, we will help you simplify your manufacturing processes.

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Contact CAREWARE’s Account Manager Today

To learn all about Sage 300 ERP solutions  contact CAREWARE Account Manager today by calling (03) 27143855 or by emailing to sales@careware.com.my  There are multiple licensing options; one is sure to be a perfect fit for your company.

INDUSTRY 4

During my engineering work days, I remember we have had Intelligence Building & Factory Automations, even Smart home. We have the Chillers, Condensers, AHU units and lifts and lighting all linked up to a computer centralized system. Monitoring and Sensing chilled water, condenser water and air temperature and volumes for the building to optimize energy usage and comfort and conveniences. That was achievable then if you can afford it.

Today than ever before all these now becomes a realities in IoT and INDUSTRY 4, thanks to the quantum leap of Computer Processing Power, OSes and modern internet (CLOUD) ready Applications Software and of course CONNECTIVITY.

Here is an amazing useful video that explains about INDUSTRY 4, produced by KPMG.
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Contact CAREWARE’s Account Manager Today

To learn all about Sage 300 ERP solutions  contact CAREWARE Account Manager today by calling (03) 27143855 or by emailing to sales@careware.com.my  There are multiple licensing options; one is sure to be a perfect fit for your company.

What is the Difference between Sage 300 Lot and Serial Numbers?

Sage 300 Serialized Inventory & Lot Tracking has been used frequently to track products throughout the receiving and sales process. However, there is an important distinction between lot tracking and serialization.

The Lot (or batch number) is a number assigned to a group of products for which are common with specific properties. There is a one-to-many relationship as many products can have the same lot ID. Batch numbers typically provide additional functionality for tracking manufactured date, expiry dates and other more detailed information. Typically used in the food manufacturing or distribution business.

For Example, a food company could make 1,000 cans of sardines in an 8-hour shift.  Each can’ would be labels with the same lot id used to track the manufacturing date or expiry date. While Pharmaceutical companies have analogous tracking requirements for their drugs as required by our government - the ability to keep track of stock by lot throughout the supply chain processes and the expiry and recall dates is a mandated requirement.

Sage 300 -  Lot Tracking traces lots back to your vendors and delivery of products to your clients to help comply with regulatory requirements and to provide better service.

Sage 300 serialized Inventory allows properties that can be different for stock items of the same product. Unlike lot ids, there is a one-to-one relationship as a unique number is assigned to a single product. No other product can exist with the same serial number. Typically used in the machines manufacturer or distributer.

It helps in keeping track of warranty period and service history. If a medical device company is making Electrocardiograph, each ECG machine model is packaged with its own kits and accessories, and each of its components that make up the KIT has it owned serial numbers. You may group each items with its own serial number together as a set for sale or individually.

When creating sales order for a product, you typically may commit the specific serial number of the product based on your available stock’s serial numbers at hand or in some operation you may make a sales order for the ECG machine, but you wouldn't specify the serial numbers at the time of making a sales order; you would specify them when you make the shipment.

Sage 300 - Serialized Inventory tracks serial numbers from Purchase Orders to Inventory Control to Order Entry and historical inquiry; assigns system-generated serial numbers to items not serialized at the time of receipt. 

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Contact CAREWARE’s Account Manager Today

To learn all about Sage 300 ERP solutions  contact CAREWARE Account Manager today by calling (03) 27143855 or by emailing sales@careware.com.my There are multiple licensing options; one is sure to be a perfect fit for your company