Oracle Supply Chain Management is a comprehensive solution that helps organizations respond quickly to changing conditions, build resilient networks, and improve forecast accuracy. Oracle SCM offers flexible supply chain planning, which improves collaboration and reduces costs. Oracle Fusion CloudSM can help you optimize your business processes and improve your collaboration with your suppliers. Oracle SCM helps you achieve these goals. You can also reduce disruptions, lower costs, and improve forecast accuracy.
An easy-to-use interface
Many of the new features in Oracle SCM can be attributed to the improved user interface. This new release makes Oracle SCM more accessible and user-friendly. A product-based analyzer script offers recommendations, solutions and early warnings. This is an excellent example. It can identify inbound transaction issues and provide solutions. It is customizable, too.
Cost Management
Oracle SCM allows you to set cost management policies for each item. Instead of using a single costing approach for all items, cost profiles may be tailored by product and manufacturing process. For example, manufacturing items can be driven by a standard cost per unit, while repairs items will use the actual costing methodology. It also supports multiple open or closed periods. Additionally, the software supports cost simulation as well as copying capabilities.
Decision support
Oracle SCM decision support is the application of advanced analytics to enhance the management process' performance. Management can make the right decision based on information and data by using a range of business intelligence tool. Oracle Strategic Enterprise Management apps are designed to assist many companies in their strategic management strategies. This technology allows executives manage costs and monitor their progress against an established plan. A performance-based compensation system allows them to measure and compensate their employees. These applications are integrated and enterprise-wide solutions that complement Oracle's other ERP systems.
Compliance with regulatory requirements
Organizations need to be able to effectively manage the increasing number of regulations and laws. Oracle has the solution. With Oracle SCM regulatory compliance solutions, organizations can more easily meet their legal and regulatory compliance needs. Flexible deployment options are available for all organizations through the Oracle Cloud Platform. 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 provides a customizable, barcode enabled user interface for mobile devices. It seamlessly integrates with Oracle SCM, WMS Cloud and Oracle SCM backend systems. It's available in both cloud and on-premise deployments and allows companies the ability to tailor their mobile apps to their particular needs.
FAQ
What skills are required to be a production manager?
Production planners must be flexible, organized, and able handle multiple tasks. Communication skills are essential to ensure that you can communicate effectively with clients, colleagues, and customers.
What is the job of a production plan?
A production planner ensures all aspects of the project are delivered on time, within budget, and within scope. They also ensure that the product/service meets the client’s needs.
Are there ways to automate parts of manufacturing?
Yes! Yes. Automation has been around since ancient time. The Egyptians invent the wheel thousands of year ago. Today, robots assist in the assembly of lines.
Actually, robotics can be used in manufacturing for many purposes. These include:
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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
Manufacturing could also benefit from automation in other ways. 3D printing makes it possible to produce custom products in a matter of days or weeks.
What are the products and services of logistics?
Logistics is the process of moving goods from one point to another.
They include all aspects associated with transport including packaging, loading transporting, unloading storage, warehousing inventory management customer service, distribution returns and recycling.
Logisticians ensure the product reaches its destination in the most efficient manner. They provide information on demand forecasts as well stock levels, production schedules and availability of raw material.
They also keep track of shipments in transit, monitor quality standards, perform inventories and order replenishment, coordinate with suppliers and vendors, and provide support services for sales and marketing.
Statistics
- It's estimated that 10.8% of the U.S. GDP in 2020 was contributed to manufacturing. (investopedia.com)
- (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)
- 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)
- In 2021, an estimated 12.1 million Americans work in the manufacturing sector.6 (investopedia.com)
- Job #1 is delivering the ordered product according to specifications: color, size, brand, and quantity. (netsuite.com)
External Links
How To
How to use the Just-In Time Method in Production
Just-in-time is a way to cut costs and increase efficiency in business processes. It is a process where you get the right amount of resources at the right moment when they are needed. This means that your only pay for the resources you actually use. Frederick Taylor, a 1900s foreman, first coined the term. He observed how workers were paid overtime if there were delays in their work. He decided that workers would be more productive if they had enough time to complete their work before they started to work.
The idea behind JIT is that you should plan ahead and have everything ready so you don't waste money. It is important to look at your entire project from beginning to end and ensure that you have enough resources to handle any issues that may arise. If you expect problems to arise, you will be able to provide the necessary equipment and personnel to address them. You won't have to pay more for unnecessary items.
There are many JIT methods.
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Demand-driven: This type of JIT allows you to order the parts/materials required for your project on a regular basis. This will allow for you to track the material that you have left after using it. This will allow you to calculate how long it will take to make more.
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Inventory-based: This is a type where you stock the materials required for your projects in advance. This allows for you to anticipate how much you can sell.
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Project-driven: This method allows you to set aside enough funds for your project. When you know how much you need, you'll purchase the appropriate amount of materials.
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Resource-based JIT: This is the most popular form of JIT. Here, you allocate certain resources based on demand. For instance, if you have a lot of orders coming in, you'll assign more people to handle them. You'll have fewer orders if you have fewer.
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Cost-based: This is the same as resource-based except that you don't care how many people there are but how much each one of them costs.
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Price-based pricing: This is similar in concept to cost-based but instead you look at how much each worker costs, it looks at the overall company's price.
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Material-based is an alternative to cost-based. Instead of looking at the total cost in the company, this method focuses on the average amount of raw materials that you consume.
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Time-based: This is another variation of resource-based JIT. Instead of focusing on the cost of each employee, you will focus on the time it takes to complete a project.
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Quality-based: This is yet another variation of resource-based JIT. Instead of worrying about the costs of each employee or how long it takes for something to be made, you should think about how quality your product is.
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Value-based JIT is the newest form of JIT. In this instance, you are not concerned about the product's performance or meeting customer expectations. Instead, you are focused on adding value to the marketplace.
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Stock-based: This is an inventory-based method that focuses on the actual number of items being produced at any given time. It's used when you want to maximize production while minimizing inventory.
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Just-in-time planning (JIT): This is a combination JIT and supply-chain management. It is the process of scheduling components' delivery as soon as they have been ordered. It reduces lead times and improves throughput.