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. With end-to-end visibility of the entire supply chain, Oracle SCM provides flexible supply chain planning that improves collaboration and minimizes costs. This solution can be used to optimize your business processes, and work more effectively with suppliers using Oracle Fusion Cloud SCM. Oracle SCM will help you achieve these goals.
An easy-to-use interface
Many of the improvements to Oracle SCM are related the user-friendly design. This new release makes Oracle SCM more accessible and user-friendly. An automated product-based analyzer script gives recommendations, solutions, early warnings and provides assistance. An excellent example is the Oracle Inbound Transactions Analyzer. It can identify inbound transaction issues and provide solutions. It can also be customized to suit your needs.
Cost Management
Oracle SCM makes it possible to define cost management policies at the individual item level. Cost profiles can be created by product or manufacturing process, and not just rely on one costing methodology. For instance, manufactured items may be driven by a standard rolled up cost, while repair items will use the actual costing method. The software can also support multiple open and close periods. It supports cost simulation, copying and other capabilities.
Decision support
Oracle SCM Decision Support is the use advanced analytics to improve management processes. Management can use a wide range of business intelligence tools to determine the best course, based on data. Oracle Strategic Enterprise Management is designed to support strategic management techniques in many organizations. This technology allows executives to manage their costs and track their progress against a plan. You can also track and reward employees based on their performance. These integrated enterprise-wide applications complement Oracle's ERP systems.
Compliance with the regulations
As the number of regulatory compliance regulations and laws continues to grow, so does the need for organizations to implement effective ways to manage them. Oracle has the answer. Oracle SCM regulatory compliance solutions enable organizations to better meet their legal, regulatory and compliance needs. Flexible deployment options are available for all organizations through the Oracle Cloud Platform. Oracle provides a wide variety of customizable, configurable products that enable customers to comply with regulatory compliance and remain compliant.
Flexible solution
Intellinum Inc. is a leader in supply chain mobility solutions and has developed Flexi LogiPro. This flexible solution allows Oracle SCM to be integrated with Oracle WMS Cloud. The flexible mobile solution allows for a customized, barcode-enabled user interface on mobile devices. It seamlessly integrates with Oracle SCM, WMS Cloud and Oracle SCM backend systems. It is available both for cloud and on-premise deployments. This allows companies to customize mobile apps for their unique needs.
FAQ
What can I do to learn more about manufacturing?
You can learn the most about manufacturing by getting involved in it. You can read books, or watch instructional videos if you don't have the opportunity to do so.
What does the term manufacturing industries mean?
Manufacturing Industries are businesses that produce products for sale. The people who buy these products are called consumers. This is accomplished by using a variety of processes, including production, distribution and retailing. They manufacture goods from raw materials using machines and other equipment. This includes all types and varieties of manufactured goods, such as food items, clothings, building supplies, furnitures, toys, electronics tools, machinery vehicles, pharmaceuticals medical devices, chemicals, among others.
What makes a production planner different from a project manger?
The main difference between a production planner and a project manager is that a project manager is usually the person who plans and organizes the entire project, whereas a production planner is mainly involved in the planning stage of the project.
What do you mean by warehouse?
Warehouses and storage facilities are where goods are kept before being sold. It can be an outdoor or indoor area. Sometimes, it can be both an indoor and outdoor space.
Statistics
- [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)
- Many factories witnessed a 30% increase in output due to the shift to electric motors. (en.wikipedia.org)
- Job #1 is delivering the ordered product according to specifications: color, size, brand, and quantity. (netsuite.com)
- It's estimated that 10.8% of the U.S. GDP in 2020 was contributed to manufacturing. (investopedia.com)
- In 2021, an estimated 12.1 million Americans work in the manufacturing sector.6 (investopedia.com)
External Links
How To
How to use the Just In-Time Production Method
Just-in-time is a way to cut costs and increase efficiency in business processes. It's a way to ensure that you get the right resources at just the right time. This means that you only pay the amount you actually use. Frederick Taylor first coined this term while working in the early 1900s as a foreman. He saw how overtime was paid to workers for work that was delayed. He then concluded that if he could ensure that workers had enough time to do their job before starting to work, this would improve productivity.
JIT is about planning ahead. You should have all the necessary resources ready to go so that you don’t waste money. The entire project should be looked at from start to finish. You need to ensure you have enough resources to tackle any issues that might arise. If you anticipate that there might be problems, you'll have enough people and equipment to fix them. This way you won't be spending more on things that aren’t really needed.
There are several types of JIT techniques:
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Demand-driven: This JIT is where you place regular orders for the parts/materials that are needed for your project. This will allow you to track how much material you have left over after using it. This will allow to you estimate the time it will take for more to be produced.
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Inventory-based: This is a type where you stock the materials required for your projects in advance. This allows you to forecast how much you will sell.
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Project-driven: This method allows you to set aside enough funds for your project. If you know the amount you require, you can buy the materials you need.
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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 approach is very similar to resource-based. However, you don't just care about the number of people you have; you also need to consider how much each person will cost.
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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: This is very similar to cost-based but instead of looking at total costs of the company you are concerned with how many raw materials you use on an average.
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Time-based JIT: A variation on 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 JIT - This is another form of resource-based JIT. Instead of focusing on the cost of each worker or how long it takes, think about how high quality your product is.
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Value-based JIT : This is the newest type of JIT. In this instance, you are not concerned about the product's performance or meeting customer expectations. Instead, your goal is to add value to the market.
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Stock-based: This inventory-based approach focuses on how many items are being produced at any one time. This is used to increase production and minimize inventory.
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Just-in time (JIT), planning: This is a combination JIT/supply chain management. This refers to the scheduling of the delivery of components as soon after they are ordered. It's important as it reduces leadtimes and increases throughput.