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Expert Advice for Medium and Midsize Businesses

  • March 24, 2014

Optimism in American Manufacturing-Not Just a Pony in a Dung Heap

by Jim Lein, Oracle Accelerate for Midsize Companies

The Society of Manufacturing Engineers (SME) recently released their annual trends report, "2014: Manufacturing's New Momentum". This momentum is not just a Pony in a Dung Heap, that is, not just a tale of false optimism. The number of manufacturing jobs and the value of manufacturing exports are increasing.

The report cites that the trends driving this momentum are:

  • Energy-the strength of the oil and gas exploration industry
  • Demand-post recession organic growth
  • Green-investment by companies in materials and other technologies that reduce their carbon footprint
  • And my favorite, Innovation-driven by software-enabled manufacturing technologies, machines, and tools

Sure, there are many different types of software involved in manufacturing including CAD/CAM/CAE for design, Product Lifecycle Managment, and ERP for the business side. As this report states, modern ERP, "enables plant management personnel to easily check the status of factory floor equipment via smartphones, and these systems also are becoming more tightly intertwined with manufacturing execution systems to allow viewing machine status virtually in real time and to adjust as needed to changing conditions".

Over the years, I've learned about many great examples of growing American manufacturing companies who have leveraged Oracle's industry solutions to innovate, grow, and be more competitive.

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