IQReport July 13, 2016
ISM Manufacturing Index Climbs to Highest Level in 16 Months
The last est economic indicators show the manufacturing industry continues to grow and strengthen. Economic activity in the manufacturing sector expanded in June for the fourth consecutive month and is the highest reading since February 2015 say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
According to the report, manufacturing expanded in June as the PMI® registered 53.2 percent, an increase of 1.9 percentage points from the May reading of 51.3 percent. Click here for more details and statistics from the June 2016 Manufacturing ISM®Report On Business®.
Automation Opportunities Abound for Quality Inspections
Though quality inspections are widely practiced before, during and after production across a range of industries, those inspections are not so widely automated. Automation of quality and inspection processes can have significant benefits.
So how can automation enhance the quality inspection process? Respondents of a recent survey of Automation World readers who have automated some portion of their QC processes list several beneficial results.
- Higher-quality products (57%)
- Less waste/rework (53%)
- Improved production throughput (46.6%)
- Lowered costs (43.9%)
- Fewer recalls and regulatory compliance (30.7%)
IQMS included in Gartner’s Market Guide for (MES) Software
IQMS has been identified as a representative vendor in the Gartner "Market Guide for Manufacturing Execution System Software” report. IQMS was listed in the enterprise resource planning (ERP) class of vendors who “sell stand-alone MES modules that are designed with specific integration points into their broader ERP suites.”
“From the start, we have taken a holistic approach to our IQMS ERP software by building in native MES functionality and taking a single database approach to ERP for both business and manufacturing operations. In doing so, we have enabled our customers to gain a unified view across their manufacturing operations and supply chain that enables them to compete more effectively in today’s highly dynamic global market,” said Gary Nemmers, IQMS CEO. Read more.
Medical Device Manufacturer LW Scientific Turns to IQMS ERP Software to Streamline Operations
Georgia-based, LW Scientific, Inc. has selected IQMS to strengthen management and quality assurance across its growing manufacturing operations. “We needed to implement a new ERP system that would reduce the chances of running out of stock in our factory and improve our ability to fulfill a constant stream of orders as quickly as possible to better serve our customers,” explains Laura Templeton, vice president of operations at LW Scientific, Inc.
LW Scientific evaluated a number of leading ERP companies, creating a matrix of quoted features and pricing to compare the various offerings. From the company’s analysis, IQMS emerged as the clear winner. Learn more.
7 Steps to Determine if EDI is Right for Your Business System
If you are considering implementing EDI in your manufacturing facility, what are the questions you should ask to best streamline your business capabilities? What are some of the must-have EDI functions, such as an integrated parser and automated monitoring application, to help you get the most out of your EDI initiative.