Oracle Supply Chain Management is a comprehensive solution for organizations that helps them respond quickly to changing situations, build resilient networks, increase forecast accuracy, as well as improve forecast accuracy. Oracle SCM offers flexible supply chain planning, which improves collaboration and reduces costs. This solution can be used to optimize your business processes, and work more effectively with suppliers using Oracle Fusion Cloud SCM. Oracle SCM can help achieve these goals by reducing disruptions, reducing cost, and improving forecast accuracy.
Interface that is user-friendly
Several of the improvements in Oracle SCM are related to the user-friendly interface. This new release makes the system more accessible and user-friendly. A product based analyzer script provides recommendations, solutions, and early warnings. The Oracle Inbound Transactions Analyzer is a great example of this. It is designed for identifying inbound transaction problems and providing solutions. It is also customizable.
Cost management
Oracle SCM allows cost management policies to be set at the item level. Instead of relying upon a single costing method for all items, cost profiles are able to be customized by manufacturing process and product. For instance, manufactured items might be driven by a standard roll-up cost while repair items will use an actual costing method. The software also supports multiple open and closed periods. In addition, it supports cost simulation and copying capabilities.
Decision support
Decision support in Oracle SCM is the use of advanced analytics to improve the performance of management processes. Management can use a wide range of business intelligence tools to determine the best course, based on data. Oracle Strategic Enterprise Management software is designed to help organizations use strategic management techniques. This technology allows executives to manage their costs and track their progress against a plan. Employee performance can be measured and compensated. These integrated applications offer enterprise-wide solutions and can complement Oracle ERP systems.
Regulatory compliance
As regulatory compliance laws and regulations continue to increase, organizations need to find effective ways to manage them. Oracle has the solution. Oracle SCM regulatory compliance solutions allow organizations to more easily meet legal and regulatory compliance needs. Organizations of all sizes can deploy the Oracle Cloud Platform with flexible options. Oracle offers a range of configurable, customizable products that can be customized to meet regulatory compliance requirements.
Flexible solution
Intellinum Inc. is a global leader in supply chain mobility solutions. They have created Flexi LogiPro to provide flexible solutions for Oracle SCM, Oracle WMS Cloud, and Oracle WMS Cloud. The flexible mobile solution allows for a customized, barcode-enabled user interface on mobile devices. It integrates with the backend system in real time and supports Oracle SCM and WMS Cloud. It can be deployed on-premises or in the cloud. Companies can personalize mobile apps to fit their needs.
FAQ
Why automate your warehouse
Modern warehouses are increasingly dependent on automation. E-commerce has brought increased demand for more efficient and quicker delivery times.
Warehouses should be able adapt quickly to new needs. They must invest heavily in technology to do this. The benefits of automating warehouses are numerous. Here are some of the reasons automation is worth your investment:
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Increases throughput/productivity
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Reduces errors
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Accuracy is improved
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Safety Boosts
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Eliminates bottlenecks
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Allows companies scale more easily
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This makes workers more productive
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This gives you visibility into what happens in the warehouse
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Enhances customer experience
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Improves employee satisfaction
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This reduces downtime while increasing uptime
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This ensures that quality products are delivered promptly
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Human error can be eliminated
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Helps ensure compliance with regulations
Can some manufacturing processes be automated?
Yes! Yes. Automation has been around since ancient time. The Egyptians invented the wheel thousands of years ago. Today, robots assist in the assembly of lines.
There are many uses of robotics today in manufacturing. They include:
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Automated assembly line robots
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Robot welding
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Robot painting
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Robotics inspection
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Robots that create products
There are many other examples of how manufacturing could benefit from automation. 3D printing, for example, allows us to create custom products without waiting for them to be made.
How is a production manager different from a producer planner?
A production planner is more involved in the planning phase of the project than a project manger.
What is the role and responsibility of a Production Planner?
Production planners make sure that every aspect of the project is delivered on-time, within budget, and within schedule. They make sure that the product and services meet client expectations.
What is the role of a logistics manager
A logistics manager ensures that all goods are delivered on time and without damage. This is achieved by using their knowledge and experience with the products of the company. He/she should make sure that enough stock is on hand to meet the demands.
Statistics
- According to a Statista study, U.S. businesses spent $1.63 trillion on logistics in 2019, moving goods from origin to end user through various supply chain network segments. (netsuite.com)
- According to the United Nations Industrial Development Organization (UNIDO), China is the top manufacturer worldwide by 2019 output, producing 28.7% of the total global manufacturing output, followed by the United States, Japan, Germany, and India.[52][53] (en.wikipedia.org)
- [54][55] These are the top 50 countries by the total value of manufacturing output in US dollars for its noted year according to World Bank.[56] (en.wikipedia.org)
- (2:04) MTO is a production technique wherein products are customized according to customer specifications, and production only starts after an order is received. (oracle.com)
- Job #1 is delivering the ordered product according to specifications: color, size, brand, and quantity. (netsuite.com)
External Links
How To
Six Sigma: How to Use it in Manufacturing
Six Sigma is defined as "the application of statistical process control (SPC) techniques to achieve continuous improvement." Motorola's Quality Improvement Department in Tokyo, Japan developed Six Sigma in 1986. Six Sigma's main goal is to improve process quality by standardizing processes and eliminating defects. Many companies have adopted this method in recent years. They believe there is no such thing a perfect product or service. Six Sigma's primary goal is to reduce variation from the average value of production. It is possible to measure the performance of your product against an average and find the percentage of time that it differs from the norm. If it is too large, it means that there are problems.
Understanding how your business' variability is a key step towards Six Sigma implementation is the first. Once you have a good understanding of the basics, you can identify potential sources of variation. This will allow you to decide if these variations are random and systematic. Random variations happen when people make errors; systematic variations are caused externally. You could consider random variations if some widgets fall off the assembly lines. It would be considered a systematic problem if every widget that you build falls apart at the same location each time.
After identifying the problem areas, you will need to devise solutions. The solution could involve changing how you do things, or redesigning your entire process. To verify that the changes have worked, you need to test them again. If they didn't work, then you'll need to go back to the drawing board and come up with another plan.