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IFS has been recognized by APAC CIOOutlook Magazine as the recipient of “Top Manufacturing Technology Solution Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Darren Ross.

IFS
Lean, Agile and Transparent Manufacturing

IFS
Darren Ross, CEO
Till date, ‘change’ has been one of the greatest constants in this world. It is core essence of all the evolution that the planet has seen and has consistently adapted to in order to sustain. This also holds true in the world of business as well where the global corporate universe vastly known for its dynamic nature. Every minute a new trend gets established or a new technology takes over. For instance, Time to market and product lifecycles around the world today are rapidly getting shorter rendering less time to make a profit on each product than any business had in the past. Customer specifications are also increasing, making it essential for businesses to meet customer-unique configuration demands and be extremely agile in their response. Change brings tough challenges but also enormous opportunities. The key is to make the right decisions along the waves of disruption and having the right tools to back those decisions at the time of transformation. Helping organizations meet and beat these challenges of a dynamic corporate storm while building a robust, but agile, business is IFS Applications, the only component-based suite of enterprise software that’s built for change.

Providing lean agile and profitable enterprise software, IFS caters to a broad customer base that manufactures and distributes goods, maintains assets, and manages service-focused operations. As one of the four core processes on which IFS focuses is manufacturing has figured prominently in the success of IFS over the years. With manufacturing customers worldwide, IFS Applications has not just been designed for manufacturers—it’s been shaped and honed by them as well. Many of our key solutions have been developed as a direct response to customer needs, fine-tuned, proven in the cut and thrust of everyday life, and then included in the core solution for everyone to benefit from.

The company’s unparalleled industry expertise of people and solutions, together with commitment towards its customers, has made it a recognized leader and the most recommended supplier within the manufacturing sector. With a team of 3,500 employees supporting more than 10,000 customers worldwide, IFS has formed a robust network of local offices and a growing ecosystem of partners.

IFS Applications covers all the manufacturing needs, from product development through marketing and manufacture to distribution. Whatever mode of manufacturing a business may apply—or whether they run a mixture of modes depending on customer or market requirements—IFS Applications meets their needs. And as a full-suite enterprise software solution, it also covers their entire back-office and other business requirements. For instance, IFS application helps its client in ensuring that their orders arrive on time and to specification, they also includes planning and forecasting tools that enable the client not only to meet customer expectations but even to anticipate them.
In addition to the integrated tools for cost control and analysis, the client is able to meet schedules while reducing costs and optimizing pricing.

Agility and Transparency

Critical to success in today’s manufacturing industry is the ability to accurately anticipate and swiftly respond to changing market demands. Many companies accomplish this by pursuing a mixed-mode strategy, with different production environments for different product lines. Irrespective of what production environment a business uses, IFS Applications helps them to stream-line their operations for maximum profitability. With multi-site, multi-currency and multi-language capabilities, IFS Applications makes decisions so much easier and makes its client more agile when it comes to choosing where to locate their manufacturing resources without compromising on capability to deliver.

With manufacturing customers worldwide, ifs applications has not just been designed for manufacturers— it’s been shaped and honed by them as well

IFS’s lean manufacturing capabilities enable its clients to generate only what they need for procurement or production. With a comprehensive, real-time view of their operations, the customer can make informed, timely decisions that help them in reducing work-in-process, shorten cycle times, lower costs, increase inventory turns, improve order-to-delivery times, and reach other strategic goals. Support for demand-driven MRP (DDMRP) enables the client to further connect strategic inventory positioning, dynamic adjustments, and demand-driven planning with visible, collaborative execution. Results include better customer service, right-sized inventory, shorter lead times and lower supply chain cost. IFS Applications also provides the client with a real-time overview of what’s happening in their business, what’s about to happen, and where they need to focus their attention. In addition to that, IFS Manufacturing Visualizer™ supports planners and management in their operational work. This out-of-the-box configurable solution provides upto-date information about production status from a resource (machine) and material situation. More than just a graphical visualization tool, the Visualizer issues alerts to initiate necessary actions to support the client’s production processes. It also has auto-refresh functionality for online production monitoring. IFS Applications handles the engineering requirements found in to-order industries and the planning and detailed scheduling requirements of make-to stock companies. The customers have the provision to run multiple production environments simultaneously or switch from one to another quickly and smoothly, without disrupting their business operations.

Digital Twins

Digital twins represent physical objects in a digital world. When products are in operation, it’s not easy to monitor every single detail of their usage, so repairing and replacing them is often reactive. However, with a digital twin, one can monitor usage, be more proactive and offer greater service levels that ever before. IFS Enterprise Operational Intelligence and IFS IoT Business Connector™ are tools that let businesses map, monitor and manage processes and performance so they can attain intelligent business operations by combining data from multiple sources.
Businesses get predictive and prescriptive analytics ranging from strategic visual insight down to influencing operational decisions to enable better and faster decision-making— in line with established strategies. Combining this with IFS Lobby™ enables graphical, role-based views, and allows the client to easily create that for anyone within their enterprise regardless of role. The client can allow everyone in their organization to access the real-time information they need, when they need it, irrespective of their location.

“Ifs goes beyond product lifecycle management (plm) to provide better integration and management of three critical business areas—products, customers, and resources—throughout their lifecycles”

A Robust Support System

With IFS Applications customers can easily increase their profits by offering greater after sales service without installing third-party applications. When a product is shipped, the IFS system immediately recognizes it as a service item. Authorized sales and service personnel can fully access and update information on each piece of equipment, its history, its in-field use, maintenance schedules, and customer records. This integrated view also enables the client to help their customers get maximum benefit from the products they provide, while ensuring that the service contracts are fulfilled, and obtain feedback for future product development.

IFS goes beyond product lifecycle management (PLM) to provide better integration and management of three critical business areas—products, customers, and resources—throughout their lifecycles. With IFS Applications, you can more quickly and easily make business decisions across the entire product value chain. For example, product estimating functionality enables you to make the best possible bid price, considering such factors as sourcing, profitability and complete lifecycle support.

Regulation revolution

IFS Eco-footprint Management™ lets the users to use components in IFS Applications that capture financial cost to provide environmental impact information. With seamless access to data already in the customer’s business applications, it requires no great effort to measure and document their eco-footprint. Accurate documentation means greater transparency, which makes a business’ green branding efforts more credible to legislators and consumers, and enables them to identify waste and cut costs. It also enables the customer to prove compliance with industry standards such as REACH, WEEE and RoHS, and with recognized methods such as HACCP. From boardroom concerns to shop floor execution, IFS Eco-footprint Management, which was designed in collaboration with customers, covers the entire spectrum helps its clients in doing good while their business does well. Moreover, Industry experts have been predicting a significantly growing investment in IoT capabilities, increasing customer expectations that manufacturers provide lifecycle solutions, including service, rather than mere products, and the emergence of real business benefits from maturing innovations such as 3D printing. As these challenges mature with time, there is an even bigger opportunity for the manufacturing sector to turn them into profitable business outcomes. IFS Applications is also all set to face this disruption wave as it progresses into the future alongside the industry.
- Annie Johnson
    June 11, 2019
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Company
IFS

Headquarters
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Management
Darren Ross, CEO

Description
IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations

2019

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