National Manufacturing Day is on Friday, October 4th this year. There are many events taking place across the country that are designed to showcase what manufacturing is really about.
Unless you are part of the manufacturing industry, you probably have a misconception that manufacturing is an archaic dinosaur that is on the verge of extinction.
National Manufacturing Day's purpose is to address the skilled labor shortage, direct public perception, and to use awareness to continue manufacturing growth. The Manufacturing Day Website (mfgday.com) has compelling statistical information regarding the industry, such as:
- For every $1 of goods produced, manufacturing generates an additional $1.43 for the economy
- In just 5 states, manufacturing adds over half a trillion dollars to the economy
- Manufacturers are responsible for almost two-thirds of all private sector R&D
- Each manufacturing job creates at least 2.91 more jobs in other sectors
- The annual average salary of a manufacturing worker is $77K
- 90% of manufacturing workers have medical benefits
These are just a few of the positive outcomes created by manufacturing.
Manufacturing is at the core of product production, and manufacturers have been continuously evolving and streamlining processes in order to boost production and profits, and ERP Software is at the heart of the manufacturing evolution.
Manufacturing is no longer the dinosaur, but a dynamic and technologically innovative industry that drives economic growth. Much of the innovation in the industry has been created through the use of ERP Software, like Infor SyteLine.
Infor Syteline ERP Manufactruing Software addresses manufacturing needs from selling and sourcing to production and fulfillment. Infor Syteline ERP Software is a management foundation and is capable of providing all of the following benefits:
+ Define your own business processes to make the system work the way you need it to.
+ Plan and schedule order by order.
+ Improve forecasting speed and accuracy.
+ Minimize error-prone manual steps.
+ Return to work quickly when you get an unexpected order.
+ Reduce inventory levels and shortages.
+ Increase customer satisfaction.
+ Get to market quicker.
+ Deliver orders in full, on time, every time.