Buddies Buzz Blog

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Generation Jobless Reflection

The video highlights the predicaments to the employment opportunities in Canada. The employment opportunities in Canada are reducing at a massive pace. There were times when the country was offering immense employment opportunities to young graduates. However, the current employment has posed threats to the economy and financial determinants of Canada. The major amount of unemployed in Canada belongs to young people. The fresh graduates are unemployed, and the unemployment rate has crossed the 15 percent ratio. The young people are mostly doing odd jobs. The skill and the learning are highly wasted due to the increase in the trend of doing odd jobs even after acquiring high-level degrees. The young graduates are also underpaid which has impacted the economy of the country.

The ratio of doing odd jobs has increased to one in three young graduates who either are doing odd or underpaid jobs. This trend has increasingly affected the demand for skilled and learned graduates. The situation has also impacted the financial conditions of young people. Young people are motivated to start the ladder of success. Therefore, they start their careers with odd jobs, which they think are a way to their financial and career predicaments. However, after doing these jobs, the young graduates distract from their respective fields of studies. Their financial conditions also become worse, and they mostly end up with a lot of debts. The unemployment of these young graduates is a sorry state for the Canadian economy. The burden of unemployment is ultimately bored the economy of the country.

The Generation Jobless is also finding the reasons behind the increasing unemployment of Canadians. One of the reasons explored by the Generation Jobless is the globalization and rapid changes in the international economy. The world has become a global village with a huge dependency on technology. Technological advancements have allowed companies to digitalize their works and outsource them for better results. The connectivity level of the world has made outsourcing easier and fast than before. Therefore, the companies do not need young graduates for their increasing work level. Furthermore, the companies have focused a lot on the training and development programs during the past few years.

Due to these changes, the companies now invest more in the already trained employees who become an asset to the companies. The young graduates are not ripe enough to provide abrupt benefits to the companies. Therefore, the companies do not want to indulge in the training of fresh graduates. These reasons have put the future of young graduates at stake. The experienced employees are delaying their retirements, and the young generations are put into limbo. The solution to these problems is not the responsibility of one authority or organization. The collective response from the government, the private sector, and all the stakeholders would manage this unemployment gap. Unemployment in Canada is also marred by several flaws in the educational system.

The education system in Canada is decentralized, and there are very few or fewer regulations to it. Therefore, the young people are not catered to by the institution for their career needs. The video also sheds light on the lowest unemployment rate in Switzerland. The need of their hour is to put a string educational and national career policy in force. This policy would be based on the set principles which could serve the unemployed graduates in Canada. Furthermore, Canada needs to develop a national mechanism that would analyze the skill level of young graduates. The analysis of skills would help the country to put the important man force in the relevant fields.

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Source: http://www.cbc.ca/doczone/episodes/generation-jobless

Reference

LeRose, S. B. (Director). (2014). Generation Jobless [Motion Picture].

How to Avoid Production Line Issues with an ERP?

No business comes without challenges. However, there are some industry sectors that have complex processes and therefore face various internal and external challenges. For instance, discrete manufacturers continuously face production bottlenecks. They keep looking for effective solutions to reduce overhead costs and improved productivity at their manufacturing plants. 

Sacrificing the product quality may help decrease the production cost, but eventually, it will result in dissatisfied customers who will stop buying from them. So, why not modernize and automate your manufacturing processes and streamline production workflows. It will help you control and minimize the possibilities of production bottlenecks.

Get the ease of production management in your control.

ERP production management system plays a significant role in improving your business agility by making your production plants more efficient. If you are in a manufacturing business, you have a pretty good idea of how production bottlenecks result in time, money, and resource waste. It’s something none of the manufacturers or any business owner can afford.

Well, production line issues are quite common, but their early identification could help tackle them timely to avoid production gaps and inefficiencies.  

Let’s see how to make it happen.

Systematize your production processes with reorganized resources:  

Mismanagement of production workflows is the biggest of all issues. It results in a consistent rise in WIP (work in process) factor, which is not acceptable at all because it will increase the cost and reduce the profit margin.

The solution lies in production flow automation. Streamline all your manufacturing processes from the shop floor to the assembly line and supply chain with the best ERP software. Plus, improved scheduling of the production processes helps allocate your people and machinery more efficiently and hence timely delivery of customer orders.  

Now, as you will have a deeper insight into what’s happening on the production line, you can quickly identify the potential bottlenecks and take necessary measures to handle it before it causes you any loss.

MIE Trak Pro provides a flexible production management module to help manufacturers build accurate schedules using real-time data. It will also aid in the precise reorganization of both tangible and intangible resources you need at the shop floor and assembly line to avoid possibilities of production bottlenecks.

Focus on procedural guidelines related to shopping floor labor and machines:

Lack of resources is another issue that could decrease your production rate. Manufacturing bottlenecks do not only mean you are having problems on the shop floor or assembly line. It can be related to not having enough and competent labor and modern machines. Your machines may need maintenance, but since you are operating the shop floor with insufficient guidelines you are unaware of this thing. Moreover, you might be using an outdated ERP or one that lacks proper integration with the production line.

It means you need to reevaluate and redefine your production process guidelines focusing on labor and machines. Also, you need a fully integrated production management system to manage production jobs and resources. If you don’t have accurate guidelines for production manpower and equipment you will keep facing problems in the form of faulty products and order delays. Put corrective actions in place without missing the big picture – satisfied clients – and by ensuring that every single employee is following the predefined, accurate instructions.  

Make sure your machine’s capacity is up to the mark:

It’s not only the timely maintenance of your production equipment but its capacity of meeting the customer demand. If your machine capacity isn’t keeping up with the daily demand, it may need to be replaced. Now, how come you get to know about this issue if your production supervisor doesn’t inform you because he was trying to use it beyond its capacity to increase his team’s production numbers. An ERP system will help you in this regard. The ins and outs of raw materials and components and completed jobs will tell you how your workers and machines are performing.

It seems too appealing to push your machines beyond capacity to meet the production demand or when deadlines start to bite down or you get urgent mid-order changes or increments in the product quantity. For all these reasons, when you use a machine without breaks and try to take it beyond its standard capacity, it will accelerate the wear and tear process – it will increase the possibilities of its absolute failure. It will result in a serious production bottleneck which may not only be associated with only one phase but may halt the entire assembly line.        

Last but not least is poor forecasting about required materials, components, and resources you need on a production line and times of high sales orders. This will cause a grave bottleneck before you even get started with the production process. Here, you need flexible production management software like MIE Trak Pro that will help you with predictive analytics for accurate production forecasting and the ability to think long-term for business success. As you can predict the times of high customer demand, you can easily plan for it beforehand.   

In a nutshell, you need to pay more attention to your production processes and make sure that each and everything related to it is in perfect shape and order; be it the shop floor and assembly line workers or machines. Don’t let anything disturb your manufacturing plan performance because it can put your production to a halt.

Concluding Thoughts: 

You must achieve a harmonious balance of people, processes, and technology to avoid any chance of congestion points along your production line. But, what exactly does it mean? You need to implement an ERP solution that helps you streamline your manufacturing processes and elevate the capacity of your tangible and intangible resources you engage at the shop floor. Choose the right enterprise resource planning software to get rid of production problems and failures.  

Want to increase your production efficiency by eliminating the potential bottlenecks? Bring MIE Trak Pro into practice. Schedule a free demo now.

What is cybersecurity? Everything you need to know

What is CyberSecurity?

Cybersecurity is the protection against cyberattacks from devices linked to the Internet, such as hardware, computer software, and data. Individuals and businesses use the practice to protect themselves from unauthorized access to data centers and other computerized networks.

Cybersecurity implementation aims to provide an upright safety position for computers, servers, networks, mobile devices, and data held by attackers. Cyber attacks can be conceived to access, remove or erase confidential information from an entity or user; cybersecurity is critical. Medical, political, corporate, and financial institutions, for instance, may all hold crucial personal data about an individual.

The advancement of technology that opens up new avenues for cyber attacks is a continually evolving cybersecurity area. Furthermore, while there are significant safety violations, small companies also need to be aware of safety violations preventing them, as they can still be victims of viruses and phishing.

Cybersecurity software, training, and risk management techniques and upgrades always as technology develops and advances to safeguard themselves, workers and people, organizations, and services.

Types of cybersecurity threats

A challenge is a process of updating emerging technology, security trends, and threats. But to protect information and other properties, which take many forms, against cyber threats. It is important. Cyber threats can contain:

  • Malware is a type of malware that can damage a computer user through any file or program such as worms, computer viruses, checkered cheetahs, and spyware.
  • Ransomware attacks include a form of ransomware that locks the victim’s computer machine files – usually by encrypting – and demands a payment to decrypt and unlock them.
  • Social engineering is a human-based attack that tricks users into breaching security protocols to access sensitive, usually protected information.
  • Phishing is a kind of fraud where fake emails like reputable emails are sent, but the purpose of such emails is to steal sensitive data, such as credit card or login details.

Cybersecurity elements

To ensure cybersecurity, security efforts across the information system must be coordinated, including:

  • Application security
  • Information security
  • Network security
  • Disaster recovery/business continuity planning
  • Operational security
  • End-user training

It can be a challenge to maintain changing security threats in cybersecurity. The conventional solution was to concentrate resources on the system’s critical components and protect against the most significant potential threats, which meant that details were not guarded. Systems were not protected against less risky.

 Advantages

  • Business malware security, ransomware, phishing, and social technology.
  • Data and network security.
  • Unlicensed users prevention.
  • Improves recovery time after a violation.
  • End-user security.
  • Enhanced product trust for developers and consumers alike.

Challenges

Management and changing cybersecurity techniques continue to challenge cybersecurity. There is no evidence for decreasing cyber attacks. Besides, increased attack entrances increase the need for networks and devices to be guarded.

The emerging existence of security threats is one of the most complicated aspects of cyber safety. As new technologies arise, new approaches to attack are being developed, and technology is being used in new or different ways. Continued improvements and improvements in attacks will pressure organizations to update their procedures to defend themselves against. This also ensures that all cybersecurity components are regularly updated to protect against future vulnerabilities. For smaller entities, this can be extremely difficult.

Furthermore, a vast number of possible data a business might obtain on people involved in one of its services today. The possibility of a cyber attacker who wants to steal personal information is another problem with more data collected. For example, a company that stores personal data in the cloud may be vulnerable to a ransomware attack and should do everything possible to avoid a cloud breakdown.

Cybersecurity should also cover end-user training because an employee may inadvertently carry a virus into the workplace on their laptop, smartphone, or device.

A job shortage also entails a big problem for cybersecurity. As data growth for organizations expands, more cyber-security staff must analyze, manage and respond to incidents. Two million unfulfilled cybersecurity jobs are projected worldwide. Cybersecurity companies also predict that they will generate up to 3.5 million unfilled cybersecurity by 2021.

However, new advances are being made in machine learning and artificial intelligence to help organize and process data — but not to the effect necessary.

Automation

AI and computer education in areas with high-volume data streams and fields like:

  • Data correlation – concentrating on data organization, detecting potential threats within data, and predicting next phase attacks.
  • Infection detection—which focuses on data analysis through a protection framework, menaces, and safety safeguards.
  • Defense generation – without stressing capital.
  • Protections are introduced.

Cybersecurity vendors

Cybersecurity services typically use the endpoint, network, and automated security for threats and data loss prevention. Cisco, McAfee, and Trend Micro are three widely recognized cybersecurity vendors.

Cisco uses networks to allow customers to use firewalls, VPNs, and advanced malware defense with email and endpoint security support. Cisco supports malware blocking in real-time as well.

For customers and business users, McAfee makes Cybersecurity goods. McAfee supports security on phones, business clouds, the network, web, and server systems. It also offers data security and encryption.

Trend Micro is a malware supplier that defends web, hybrid, SAAS, and IoT against threats. Trend Micro offers endpoint, email, and network security for consumers.

Cybersecurity jobs

As cyber threats persist, individuals need cyber-security knowledge, hardware and software expertise, and emerging threats, including IoT threats.

computer specialists and IT professionals are needed in security jobs, such as:

  • Chief Security Information Officer (CISO): This person implements the organization’s security program and manages operations in the IT security department.
  • Safety engineer: This individual protects the business assets against threats, focusing on IT infrastructure quality control.
  • Security Architect: The individual is responsible for the planning, research, design, testing, maintenance, and support of the critical infrastructure of an organization.
  • Security Analyst: This person has many responsibilities, including the preparation and monitoring of security measures, the protection of digital files, and internal and external security audits.

Advisory organizations advocate a more constructive and adaptive approach to deal with the current climate. For example, in its Risk Assessment Process, the National Institute of Standard and Technology (NIST) has developed updated guides proposing a move towards ongoing tracking and real-time assessments.

In April 2018, version 1.1 of the Critical Infrastructure Enhancement System was released. Each industry, including federal and state governments, can follow a voluntary cybersecurity framework developed for banks, communications, the defense, and energy industries. President Donald Trump gave an executive order to enact the NIST Cyber Security System (NIST CSF) by federal agencies in May 2017.

Investments in cybersecurity technology and services continue to grow as a result of security threats. Gartner had previously estimated that global spending on goods and services for information security would rise to $114 billion in 2018 and increase by 8.7% to $124 billion in 2019. In 2019 Gartner also anticipated growth of 11% for the Middle East and North Africa in company safety and risk management spending by 2020.