IQReport August 2020 - Manufacturing and ERP News From IQMS
News & Events

IQReport August 2020

Reinventing the Organization for Success in the Post-COVID-19 Era

When the coronavirus pandemic erupted, companies had to change to succeed. They had to increase the speed of decision-making while improving productivity, using technology and data in new ways, and accelerating the scope and scale of innovation. And it worked. 

A recent McKinsey & Company article highlights nine actions organizations can take to get things done fast and well to streamline decisions and processes, empower front-line leaders, and suspend slow-moving hierarchies and bureaucracies. Read McKinsey's complete article, Ready, set, go: Reinventing the organization for speed in the post-COVID-19 era.

Manufacturing Marks the Second Month of Virus Recovery

The outlook for the manufacturing industry continued to recover through July. The Institute for Supply Management's July 2020 Manufacturing Report on Business reported the second month of manufacturing growth and the third month of growth for the economy overall.

The index of new orders rose to 61.5% in July, up 5.1 points from June, as the production index rose 4.8 points to 62.1%. The manufacturing PMI, as well as the new orders and production indexes, are all increasing at a faster rate compared to last month.

“The growth cycle continues for the second straight month after three prior months of COVID-19 disruptions. Demand and consumption continued to drive expansion growth, with inputs remaining at parity with supply and demand,” said Timothy Fiore, ISM CEO. Click here to learn more.


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New Support Knowledge Base Now Available

The DELMIAworks support team is pleased to announce the availability of the new Support Knowledge Base. The Knowledge Base is a 24/7 self-service support resource to help customers quickly answer questions, troubleshoot errors, and resolve issues that arise in the day-to-day use of IQMS (DELMIAworks). 

The searchable repository includes over 10,000 support articles created from actual customer questions and issues received through technical support calls, chats, and emails. The Support team has been building and utilizing this Knowledge Base daily, resolving over 50% of support cases via a published article. There is a good chance you will find what you need in less time than it takes to make a phone call. Click here to learn more. 

Featured Whitepaper

Improving Production Performance with Real-Time Monitoring

Manufacturers are continuously challenged with improving time to market while reducing production costs and increasing quality. Real-time monitoring is essential for synchronizing the manufacturing environment and providing vital feedback to help:

  • Identify what products are the most efficient, producible and profitable to build
  • Improve the performance and reliability of every machine on the shop floor
  • Reduce production errors and costs
  • Prolong the useful life of machinery

Download the whitepaper, How to Improve Production Performance with Real-Time Monitoring, to learn how your manufacturing organization can become more resilient, responsive, and profitable. DOWNLOAD NOW!