It can be integrated with third-party finance and manufacturing systems.
These software systems are becoming indispensable for the manufacturing system.
We can even use the technique to upgrade our manufacturing systems.
Most manufacturing systems are large, complex, and subject to uncertainty.
To capitalize on the opportunity, industry needs to possess manufacturing systems that can produce a wide range of products within a product family.
The complete setup is a scale model of the type used in industrial manufacturing systems.
Then there is Toyota's manufacturing system, which is the envy of the industry.
"We offer a course in selecting computer-aided manufacturing systems," he said.
It is a very powerful tool indeed when standard parts are used, especially with small batch production on a flexible manufacturing system.
The cost of flexible manufacturing systems today range from several hundred thousand dollars to $50 million or more.