Guest Author: Enrique Lopez-Tello, Integrated Planning and Execution Solution Manager
During the last few years, manufacturing companies are facing a business environment where difficult to predict disruptions are the norm. Increased global competition, changes in consumption models, environmental and trade regulations, and the need to renew the manufacturing sector with transformational technologies (Industry 4.0) define this new, always-changing environment. Disruptions normally result in increased business performance risks, but these same disruptions could be transformed into opportunities for those organizations that can adapt to them more quickly than their competitors do.
What do manufacturing companies need to turn disruptions into opportunities? Global manufacturers often lack a single view of their end-to-end business plan and its real-time execution. In today’s environment, global manufactures need to know sooner, act faster and adapt more quickly to changing business conditions.
Oracle’s Integrated Business Planning and Execution (IBPX) solution does that. By integrating elements from Oracle’s Enterprise Performance Management (EPM) Cloud and Oracle Supply Chain Management (SCM) Cloud and embedding advanced technologies (IoT, AI and Prescriptive Analytics), this solution helps manufacturers improve sales and operational efficiency as well as accelerate business agility.
With Oracle’s IBPX solution, companies are able to:
Oracle customers who are already using both Oracle EPM Cloud and Oracle SCM Cloud can take advantage of this functionality today. For more info about the capabilities and benefits of the Oracle IBPX solution, visit Integrated Business Planning and Execution and download the Oracle OpenWorld 2019 session deck: Oracle’s Integrated Business Planning Evolution: Agile Planning and Execution.