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Oracle Supply Chain Management

6 opportunities to eliminate waste in supply chain projects

By Kaushik Sivakumar, SCM, Oracle, Product Management Asset-intensive projects are typically long-term initiatives that can cost millions or even billions of dollars over the asset’s implementation. During these uncertain times, it is even more important to streamline efficiencies for effective project management and to eliminate waste on highly capital-intensive projects. Some examples of asset intensive projects are nationally based cellular buildouts or a utility company’s project to install smart meters throughout a city. According to PMI Pulse of the Profession* survey, 9.9% of every dollar is wasted on poor project management, which equates to $99 million on a $1 billion project.   According to the same study, only 64% of the most mature project management teams deliver a project on time, and only 67% of projects are delivered on budget. When you compare those KPIs to low maturity project teams, only 36% of projects are delivered on time and 43% are on budget. Unnoticed Project Wastefulness There are many reasons for the excessive waste and poor project performance—a lack of visibility into financials for a given project, disconnected software applications, manual processes, workarounds to derive data from siloed information. Some traditional supply chain solutions provide data as sources for some of the project metrics, but they often don’t provide the detailed insight that a project manager needs to course correct quickly to prevent waste or knowing when to adjust supplies. Phases of a project Let’s dig a little deeper into the progression of an asset-intensive project, such as building a cellular network. Here are the typical phases of such a project: •    Quote/bid, initiate the project – This includes engineering functions, as well as negotiations, legal reviews, contracts, and project planning.  Depending on the contract terms, it may include prototypes of cell towers or suppliers providing quotes for other major physical components of the cellular network that are being built out or upgraded. •    Supply Chain Planning and Materials Management – This starts the initial phase of the supply chain processes that include planning, ordering, manufacturing, managing inventory, and transporting goods for the project. It also typically involves subcontracted services for specific aspects of the project, e.g. hiring architecture or site planning company, engineering services, or welders and electricians to help construct cell towers. •    Construction – Actual work of the project is performed at project sites. The project manager carefully manages the process, inventory and contractors to try to avoid delays and mitigate risks so that the construction project is completed on time and within budget. •    Transfer of ownership and service – Here, the completed asset, in this case, a cell tower network is transferred from the project manager/contractor to the owner. Depending on the project, it may be a private company or a public entity. And then, the asset typically rolls into a maintenance phase. At this point warranties, service contracts, SLAs, and replacement parts come in to play when there’s a hardware failure, upgrade or damage to a cell tower network. •    Capitalization, billing and revenue – The finance department will account for the receivables and payables, properly attributing costs and expenses to the correct project, and capitalizing assets. Common Challenges to Overcome What has been described is the intersection between projects and supply chain processes. Without an integrated solution, these processes can be a muddle of disparate management software applications, manual tasks, and cumbersome work-arounds. Add in delays in the timeline because of macroeconomics events, inclement weather, resource scheduling conflicts, permit reviews, approvals from cities or component part delays, and you could quite easily have a confusing trail that requires forensic investigation to see if a project is on budget, let alone identify the nuances of project waste and detect in-flight project scope creep. The Solution:  Six Opportunities to Eliminate Waste in Supply Chain Projects An end to end project-driven supply chain solution that integrates the six functions listed below can help project managers eliminate waste.   1.    Project planning—with dashboard KPIs to streamline scheduling and budgets for individual projects to quickly gain insight and track the progress at any point in the lifecycle. 2.    Procurement—designed for project-specific purchasing to ensure materials are priced, procured, and received into inventory according to the specifications of each individual project. 3.    Supply chain—with automated functionality to orchestrate a complex multi-project supply chain, you can set up business rules for project requests, orders, creating documents, look-ups and attachment categories, and replenishment planning with a dashboard work area to manage the workflows. 4.    Manufacturing—offering functionality to create work orders, review availability and pick materials at the project or task level, attribute work orders as well as manage inventory and costs per individual project. 5.    Maintenance—with a process flow to create work orders, issue parts from a common or project-specific inventory, the solution also enables you to purchase outside services, import materials, and resource costs, with all costs, resources, and details associated with individual projects. 6.    Finance—with controls to ensure that multiple projects, customers, and associated activities can be accounted for separately with visibility into costs, expenses, and payables. Benefits of a Project Driven Supply Chain Fully supporting supply chain processes within the context of a specific project, including procurement, inventory, ordering, manufacturing, shipping, maintenance and costing, as well as finance functions and project accounting makes it makes easier to gain oversight and take corrective action as needed.  When connected to finance, the project manager can gain visibility into how each project relates to the planned budget at any point in time. For more information on a complete suite of cloud-based applications, go to www.oracle.com/applications. For Project-driven supply chain information, go here.   *2018 PMI Pulse of the Profession Survey                    

By Kaushik Sivakumar, SCM, Oracle, Product Management Asset-intensive projects are typically long-term initiatives that can cost millions or even billions of dollars over the asset’s implementation....

Oracle Supply Chain Management

6 Opportunities to Eliminate Waste in Supply Chain Projects

By Kaushik Sivakumar, SCM, Oracle, Product Management Asset-intensive projects are typically long-term initiatives that can cost millions or even billions of dollars over the asset’s implementation. During these uncertain times, it is even more important to streamline efficiencies for effective project management and to eliminate waste on highly capital-intensive projects. Some examples of asset intensive projects are nationally based cellular buildouts or a utility company’s project to install smart meters throughout a city. According to PMI Pulse of the Profession* survey, 9.9% of every dollar is wasted on poor project management, which equates to $99 million on a $1 billion project.   According to the same study, only 64% of the most mature project management teams deliver a project on time, and only 67% of projects are delivered on budget. When you compare those KPIs to low maturity project teams, only 36% of projects are delivered on time and 43% are on budget. Unnoticed Project Wastefulness There are many reasons for the excessive waste and poor project performance—a lack of visibility into financials for a given project, disconnected software applications, manual processes, workarounds to derive data from siloed information. Some traditional supply chain solutions provide data as sources for some of the project metrics, but they often don’t provide the detailed insight that a project manager needs to course correct quickly to prevent waste or knowing when to adjust supplies. Phases of a project Let’s dig a little deeper into the progression of an asset-intensive project, such as building a cellular network. Here are the typical phases of such a project: •    Quote/bid, initiate the project – This includes engineering functions, as well as negotiations, legal reviews, contracts, and project planning.  Depending on the contract terms, it may include prototypes of cell towers or suppliers providing quotes for other major physical components of the cellular network that are being built out or upgraded. •    Supply Chain Planning and Materials Management – This starts the initial phase of the supply chain processes that include planning, ordering, manufacturing, managing inventory, and transporting goods for the project. It also typically involves subcontracted services for specific aspects of the project, e.g. hiring architecture or site planning company, engineering services, or welders and electricians to help construct cell towers. •    Construction – Actual work of the project is performed at project sites. The project manager carefully manages the process, inventory and contractors to try to avoid delays and mitigate risks so that the construction project is completed on time and within budget. •    Transfer of ownership and service – Here, the completed asset, in this case, a cell tower network is transferred from the project manager/contractor to the owner. Depending on the project, it may be a private company or a public entity. And then, the asset typically rolls into a maintenance phase. At this point warranties, service contracts, SLAs, and replacement parts come in to play when there’s a hardware failure, upgrade or damage to a cell tower network. •    Capitalization, billing and revenue – The finance department will account for the receivables and payables, properly attributing costs and expenses to the correct project, and capitalizing assets. Common Challenges to Overcome What has been described is the intersection between projects and supply chain processes. Without an integrated solution, these processes can be a muddle of disparate management software applications, manual tasks, and cumbersome work-arounds. Add in delays in the timeline because of macroeconomics events, inclement weather, resource scheduling conflicts, permit reviews, approvals from cities or component part delays, and you could quite easily have a confusing trail that requires forensic investigation to see if a project is on budget, let alone identify the nuances of project waste and detect in-flight project scope creep. The Solution:  Six Opportunities to Eliminate Waste in Supply Chain Projects An end to end project-driven supply chain solution that integrates the six functions listed below can help project managers eliminate waste.   1.    Project planning—with dashboard KPIs to streamline scheduling and budgets for individual projects to quickly gain insight and track the progress at any point in the lifecycle. 2.    Procurement—designed for project-specific purchasing to ensure materials are priced, procured, and received into inventory according to the specifications of each individual project. 3.    Supply chain—with automated functionality to orchestrate a complex multi-project supply chain, you can set up business rules for project requests, orders, creating documents, look-ups and attachment categories, and replenishment planning with a dashboard work area to manage the workflows. 4.    Manufacturing—offering functionality to create work orders, review availability and pick materials at the project or task level, attribute work orders as well as manage inventory and costs per individual project. 5.    Maintenance—with a process flow to create work orders, issue parts from a common or project-specific inventory, the solution also enables you to purchase outside services, import materials, and resource costs, with all costs, resources, and details associated with individual projects. 6.    Finance—with controls to ensure that multiple projects, customers, and associated activities can be accounted for separately with visibility into costs, expenses, and payables. Benefits of a Project Driven Supply Chain Fully supporting supply chain processes within the context of a specific project, including procurement, inventory, ordering, manufacturing, shipping, maintenance and costing, as well as finance functions and project accounting makes it makes easier to gain oversight and take corrective action as needed.  When connected to finance, the project manager can gain visibility into how each project relates to the planned budget at any point in time. For more information on a complete suite of cloud-based applications, go to www.oracle.com/applications. For Project-driven supply chain information, go here.   *2018 PMI Pulse of the Profession Survey                    

By Kaushik Sivakumar, SCM, Oracle, Product Management Asset-intensive projects are typically long-term initiatives that can cost millions or even billions of dollars over the asset’s implementation....

7 Ways to be an Inclusive Leader while Social Distancing

Throughout my career, I have always appreciated that people are the most critical resource and determinant of whether our initiatives will be successful. New technologies, processes, and strategies will only work if team members are motivated and appreciated. As we navigate these uncertain times, we must challenge ourselves to further develop and enhance our talent management strategies. Inclusive leadership is important whether in person or working remotely.  Being inclusive at a distance can absolutely be challenging, but I am confident we can figure it out. Almost overnight, many businesses moved to remote operations and began using web conferencing. YES! But, let’s not stop there. Online meetings are a great first start, but more effort is needed. For leaders who are accustomed to onsite employees, the dramatic shift to employees who are remote takes a shift in mindset. Many studies have reported that employees are actually more productive at home. I have been a virtual team member at Oracle for almost my entire career here, and I absolutely love that there is no traffic between my bedroom and office. Yes! If there is any good news about the challenges we are facing, it is certainly that my colleagues have reduced their commute by as much as three hours a day. However, one of the many down sides of mandatory shelter-in-place order is the anxiety and worry that jobs could be in jeopardy since “out of sight” could also mean “out of mind.” Fearful employees may even take extreme measures by creating and working on many “busy” projects and also by sending volumes of unnecessary emails. Avoiding and reducing this level of stress is why managers and leaders at all levels must develop or enhance inclusive leadership techniques to promote cohesion, collaboration, expectations, and cooperation as we collectively navigate this new uncharted territory.   What is Inclusive Leadership? It’s a verb … an action … in which leaders intentionally create an environment where the entire team is comfortable and confident in bringing forth their respective ideas and recommendations. This goes above and beyond usual techniques that focus on the outcome more than the process. In outcome-focused leadership, the team is almost singularly focused on getting the task completed without room for discussion about different approaches for completing the task or even evaluating whether the approach will yield the best results. Inclusive leadership means understanding the strengths of each person on the team and what is needed to maximize their contributions—starting with making sure that everyone on the team understands the importance of their role within the context of the larger organization. It also involves creating opportunities for team members to build relationships. This doesn’t change just because everyone is in a different location. In a normal work environment, effective leadership is challenging. But now, as the ground seems to be shifting under our feet from week to week, inclusive leadership can make the critical difference between a team that’s just hanging on and one that’s thriving. Here are my tips for practicing inclusive leadership: 1. Communicate, communicate, communicate Leaders cannot communicate enough when everyone is juggling different priorities at work and at home. Challenging schedules intertwined with work and home responsibilities, like managing children while working from home or caring for family members, may mean that each person receives communications differently and at different times. Thus, leaders must use all appropriate communication mechanisms at their disposal to reach the team—email, text, video conferencing, and chat. In sharing details about new business initiatives, strategies, customer engagements, or partnerships, leaders must carefully consider the overall communication plan to reduce the grapevine and rumor mill. 2. Provide clear, consistent communications In times of uncertainty, team members need frequent and direct communication—almost to the point of over communication in order to stay focused. In communications, please consider that if the team members know what to expect and how any news impacts them directly, they will be less stressed. This may include details about how the company is doing as a whole, how the team is tracking against goals, new business models, pivot strategies, new technology roll-outs, etc. Incomplete details and unanswered questions can escalate challenges and uncertainty. 3. Create frequent, proactive touch points to connect your team In team meetings, it is a good idea to build in time for short round-robin discussions to check in on team members, foster comradery and promote networking. Each meeting could have a different topic and team members can suggest creative discussion topics. Here are a few ideas to get you going: •    Mindfulness Mondays—encourage each person to share something they do to promote self-care, for example, recommending their favorite wellness app, online exercise class, or podcast •    Happy Hour Tuesday—ask everyone to share some good news … it can be work-related or personal •    Recognition Wednesday—each person acknowledges someone on the team who helped them recently •    Thankful Thursday—encourage people to share something they appreciate … again, it can be about work or in their personal lives •    Funday Friday—ask people to share something they are looking forward to that weekend Other ideas: •    Binge Mondays—what did you binge-watch over the weekend? •    Throwback Thursday—remember when … there were no iPhones, there was no email, there was no social media, etc. •    Reimagine Friday—what would you do about xyz initiative if you were in charge? 4. Share boundaries for the day or the week In the current environment, team members are juggling many priorities that may not coincide with the typical work day. If team members aren’t going to be available for specific segments of work day, ask them to share their availability by email or via another collaboration tool so that the entire team knows when to connect and/or when to expect a response. 5. Avoid accidental exclusion Inclusive leadership means no one is left out. This means paying extra attention to emails and posts that could unintentionally forget someone. For instance, if leaders hold a call about a particular topic, excluding someone from a meeting related to their responsibility only serves to alienate them and result in their worry about their roles. Another example is related to LinkedIn posts where the leader creates a post thanking specific people who worked on a project. Please be sure not to forget anyone by accident. Further, if leaders like and share posts on LinkedIn or other social media outlets, be sure to mix it up so you’re following, liking, and sharing posts from people across the organization. Optics are important. Trust me, team members notice if leaders only like the posts of upper management. A few unintentional slights like these can cause the team to feel completely marginalized. 6. Welcome new employees Usually when a new team member joins, they are taken around the office and introduced to all of the other team members. We can’t forget the benefits of a having a network and a few “go to” team members we can ask questions. In a remote environment, we must mirror this process as much as possible. Everyone must make an extra effort to get to know new team members by engaging them, inviting them to a virtual coffee, helping them get to know others in the organization, and also sharing context to get acclimated to the team as soon as possible. 7. Strike a balance between managing and micromanaging Demographic characteristics of the team must also be considered. There is a difference between Gen Y and Baby Boomer team members just as there are differences between new team members and seasoned ones. Each team member requires a different level of interaction, guidance, and autonomy—especially in remote environments where the inclination is to ask for daily reports and over-managing. And while it’s important to remember that everyone may be different, a new team member in a remote environment will require much more engagement than a tenured employee who knows the organization. At the same time, seasoned team members still need help and guidance from time to time. Although these team members typically prefer autonomy, leaders must not ignore them since there is a risk they could feel adrift within the organization. "Pay-it-forward" for employees and customers In closing, every leader has the ability to be an Inclusive leader. With intentional effort, leaders can enable and promote an inclusive environment in a virtual setting that is just as effective as the physical office space. I think the saying that “customers will never love you, until your employees do first” is 100% true. The benefits of new and strengthened alliances, collaboration, and comradery are well worth the effort. Customers and business partners will see and absolutely recognize these efforts. It’s a win-win! For more information about how Oracle Cloud Applications can help you and your team work remotely, go to www.oracle.com/applications. To learn more about Kimberly Ellison-Taylor you can access her Oracle Executive Biography here and also follow her on Linkedin.    

Throughout my career, I have always appreciated that people are the most critical resource and determinant of whether our initiatives will be successful. New technologies, processes, and strategies...

Oracle Supply Chain Management

3 Ways to Apply Emerging Technology to Your Company

In our last blog [1], we covered several housekeeping items for your business applications that you and your team could tackle during this stay-at-home period. One of the suggestions was learning about an emerging technology, such as AI, IoT, or digital assistants. In this blog, I’m going to dig deeper into specific emerging technologies and how you can apply an emerging technology to add extra value to your company. First, learn about your company My first recommendation is to gain a better understanding of your company.  If you’re working for a publicly traded company, a good place to start is the 10-K. It’s a document that your company is required to file every year with the SEC. It details financial performance, earnings per share, the organizational structure, subsidiaries, executive compensation, and much, much more information. The purpose of the 10-K is to make investors aware of the innerworkings of a company so they can make timely buy/sell decisions. It’s a great place for you to gain a big picture understanding of your company over and above what you may know about your specific line of business, geographical region, or the particular division in which you work. Next, learn more about your company’s new objectives   Most likely, these will be internal documents, and they may be readily available. The strategic goals may have shifted so be aware. These will help you understand the path forward … how your company plans to grow, new markets the leadership wants to enter, and possibly new products on the horizon. These strategic priorities may also give you an indication of challenges, struggles, and points of pain that your company needs to address during this time.   Apply emerging technologies to your company’s objectives Once you have an understanding of your company’s growth strategies and challenges, you can apply the information you learn about emerging technologies to help solve a challenge, streamline a process, or improve the employee or customer experience. This is your opportunity to think outside of the box as they say, but be sure that your ideas are tied to strategic objectives. Here are some examples of emerging technologies in action that may get you thinking about ideas for your company. Artificial Intelligence for Sales and Marketing The current crisis situation has literally shifted markets in a matter of days. Some segments of the economy went from tremendous growth to double-digit losses in a week. Your company may need to shift its sales strategy in the short-term to find ways to recover lost revenue or tap into new markets to keep pace with economic shifts. AI solutions apply machine learning algorithms to your customer data to identify an ideal customer profile and then match that profile to trusted 3rd-party data to create a target list of prospects for your sales and marketing teams. AI for Supply Chain Similar to entire markets that shifted quickly, suppliers all over the world found themselves dealing with shipping and receiving restrictions that may have prevented them from fulfilling orders. That situation may have put your company in scramble-mode as you tried to find new suppliers.  Depending on your industry, component parts may have spiked in price, impacting sales projections and profit margins. An AI application can analyze your ERP data, including current suppliers, POs, invoices, payables, etc., and compare company information with 3rd-party data to give you insight into your supplier ecosystem. It can also help you rank suppliers, figure out where you can negotiate better discounts, and create models to help your company optimize procurement processes. Digital Assistants/Chatbots for Workforce or Customer Experience This conversational interface uses machine learning and natural language processing to guide people to the right source of information, the appropriate live support person, or walk someone through a process. Digital assistants can be a relatively quick and easy way to fill a gap as your company shifts staff with people working from home. Chatbots can also greatly improve the user experience for both internal and external use cases.  For example, your company can add a digital assistant to your employee portal to help people find specific HCM benefits information, or you can add a digital assistant to the home page of your website to help people get to the right resource to help with a specific question or issue. Learning More Please read my last blog that is referenced at the end of this article for more information on emerging technologies. There is a lot of free content online; from YouTube tutorials to online classes. According to a recent cnbc.com article, many 4-year colleges are offering free online classes, so people can learn while staying safe at home. You can search for the online classes about emerging technologies that fit your interests and company objectives. I hope this gives you inspiration to learn something new so you can apply emerging technologies to develop professionally and to help tackle the priorities and challenges in your company.   For more information on a complete suite of cloud-based applications that includes emerging technologies, go to www.oracle.com/applications     [1] https://blogs.oracle.com/saas/tackling-your-cloud-applications-to-do-list          

In our last blog [1], we covered several housekeeping items for your business applications that you and your team could tackle during this stay-at-home period. One of the suggestions was learning...

IoT for Supply Chain

Back-to-Basics Security During the Not-so-Basic IoT Era

In this period of social distancing, our “smart” connected IoT devices are helping us in ways we never imagined. For example, voice assistants now help people navigate guidelines from vetted sources to assess COVID risk and symptoms, and telehealth apps and triage chatbots are further guiding evaluations. In a growing effort to keep surfaces clean and hands-free, there has been a boon to smart home voice control of things we now look at as “surfaces”: TV remotes, light switches, thermostats, door locks, security cameras, TVs, DVRs, A/C/heating units, and refrigerators. This has created a complex web of connectivity among IoT devices labeled “smart” despite their security and privacy vulnerabilities. We should heed FBI warnings and articles about drive-by hacking of “things,” and think about the data entry points we create— not only for hackers, but manufacturers, app developers and anyone who might want to eavesdrop and violate the sanctuary of our homes during these times of crisis. The issue extends to healthcare and other industries implementing the IoT for efficiencies. For example, healthcare devices have been found to be more vulnerable now than ever. Gartner estimates there will be about 25 billion connected things by 2021. As IoT “things” get coopted into botnets, bad actors can prey on embedded electronics, opening paths of entry for connected-appliance cyberattacks. They infiltrate “simple” devices without detection and gain access to the more important smart phones and computer networks they know connect to more coveted networks and devices. During our time of socially distanced work and personal life, it’s important that we all get “back to basics,” slowing down to ask the logical questions about security, such as: •    What problem does adding an IP address ‘here’ possibly open up? •    What malware and other vulnerabilities may my smart devices introduce to shared networks? •    As IoT is introduced to services, applications or products, what security fixes can go in at the same rate? Smart capabilities don’t have to lead to not-so-smart decisions at home as our personal and professional lives intersect. We just need to check that the things we use are designed to do what they are supposed to, plus incorporate the security we as customers and end users deserve. There’s no such thing as a “benign” environment, so we must all think every step of the way about how what we are using or doing opens the door to criminals that want to infiltrate, compromise and break things. While IT can design things with these criminals in mind, it’s also up to all of us to remember that the answer to technology-induced risk is not always “more technology,” but rather the basics of knowing the risks and vulnerabilities we potentially introduce when connecting in the IoT-driven world. Our basic responsibilities aren’t so basic anymore. Be sure to read our other security-related blogs here and also learn about 5G next-gen core security.  

In this period of social distancing, our “smart” connected IoT devices are helping us in ways we never imagined. For example, voice assistants now help people navigate guidelines from vetted sources...

Manufacturing

Webcast: Building a Resilient Semiconductor Supply Chain

Due to rising costs, the speed of technology turnover, global supply chain disruptions and a more demanding and diverse customer base, traditional organic growth in the semiconductor industry is lagging. Semiconductor companies must look at ways to improve operational efficiencies and shorten design cycles as well as innovatively expand their product portfolios. Oracle has been a leader in enterprise software solutions supporting the semiconductor industry for over 20 years.  We provide a comprehensive portfolio of solutions, helping drive operational excellence in almost all areas of business, including engineering, finance, supply chain, marketing, sales and talent management. Our solutions utilize a modern cloud platform that combine robust SaaS applications with embedded technologies such as artificial intelligence (AI) and internet of things (IoT) to streamline business operations and drive innovation. Please join us for our upcoming live webcast on June 30 to hear about Oracle’s Semiconductor Supply Chain solution as well as learn how SiTime moved to a modern supply chain solution in the cloud and the benefits they realized by getting end-to-end visibility into their extended supply chain. Register now for this webcast and we look forward to you joining us on June 30!

Due to rising costs, the speed of technology turnover, global supply chain disruptions and a more demanding and diverse customer base, traditional organic growth in the semiconductor industry...

Events

May 26 Webcast on Integrated Business Planning and Execution

Optimizing sales and operations planning (S&OP) is an important business process for manufacturing companies. It allows organizations to more quickly adapt to unexpected supply and demand events, and thanks to advanced technologies like AI-assisted analytics and IoT sensor data, manufacturing companies now have all the components needed to better integrate their end-to-end planning with operations execution. Oracle is a leader in enterprise performance management and supply chain management and has been investing heavily in Integrated Business Planning (IBP).  Our comprehensive solution, Oracle Integrated Business Planning and Execution (IBPX), provides advanced, end-to-end planning and analytics capabilities so manufacturing companies can better define, plan and achieve their business performance objectives. Oracle has helped many manufacturing companies to:  Integrate planning and execution to eliminate business latency and allow for smarter decision making Consolidate sales, operations, financial and supply chain planning into a single, centralized hub Improve visibility across your organization to quickly gain real-time business insights and conduct more accurate planning and forecasting Please join us for our upcoming live webcast on IBPX on May 26. You'll hear about real-world IBPX case studies where companies have been able to quickly react to manufacturing disruptions and adapt their business planning to optimize results. Register for this webcast and learn how Oracle IBPX can help you transform your business.  

Optimizing sales and operations planning (S&OP) is an important business process for manufacturing companies. It allows organizations to more quickly adapt to unexpected supply and demand events, and...

Oracle Supply Chain Management

The Oracle PLM to Cloud Strategy

The Need for Continuous Innovation New technologies, products, services and business models evolve, so Product Lifecycle Management (PLM) and product development must evolve, too. So, what is PLM and how is PLM different today? The industry has talked about PLM managing the enterprise product record for years. The reality is that traditional PLM systems only created a consolidated product development record, but data was still fragmented in many siloed applications and throughout product development, manufacturing, maintenance, quality management, and IoT…. Older PLM solutions weren’t designed to deliver the speed required to achieve Digital Transformation. Driving faster innovation means you have to think about how you can tightly link cross-functional engineering, development and quality teams with IT. This requires a new way of collaboration and data integration.  Companies looking to pursue their own Digital Transformation should first consider investing in a connected applications platform that manages the complexities of the enterprise product record.  Having access to reliable product data creates a new business architecture—one with a true enterprise product record for the digital thread delivering a complete 360-degree view of a product. This simplification provides you with visibility into the product changes, quality and business process flows that were once hard to keep track of. What is the Digital Thread? Find out in this blog and learn how PLM and IoT tie the Digital Thread to make Digital Transformations possible   Digitally Thread PLM across ERP, SCM, and CX PLM must become a Smart Connected Application (Platform) that can deliver the digital thread to support new business models. What companies find is that by integrating PLM with the insights found from analytics, IoT, and social data is the foundation of the connected enterprise—allowing for faster and more informed decisions. Oracle is the only Tier1 PLM provider making significant investments to deliver this holistic and connected, next-generation, Product Lifecycle Management system. This is what Oracle does differently. It delivers a unique value proposition because PLM, SCM, CX and ERP are all on a single platform with a unified data model and they all scale with the pace of your business. It is not centered purely around the capabilities of the product itself anymore, but around the supply chain and customer. This new evolution of PLM that manages the digital thread can be called PLM 4.0. Your Foundation for On-Premises to Cloud  Oracle has established the foundation for organizations looking to go from on-premise to the cloud. With our customer first approach, we have built best-in-class Software-As-A-Service (SaaS) applications so you no longer need to staff an entire IT department for new product introductions (NPI) and product launches. With a true SaaS deployment, the cost is stable and the value of the investment always increases as we continue to add more innovation and capabilities into the Application Services. True to our approach, we will always continue to deliver the next generation of PLM software as it evolves. This smarter connectivity will only make it easier for you to adopt new business models like Product-as-a-Service and transition to Industry 4.0 (you can watch the video of how that is done here). Because of the unified data model, Oracle PLM Cloud technology comes with built in analytics enhanced by technologies such as adaptive intelligent (AI) apps to plug machine learning into your decisions and digital assistants that can speed up product development. Ultimately, this means you can streamline the development of connected products and services. Agile PLM Customers, You are Safe Oracle has a longstanding commitment to making each individual customer successful. Critical to this initiative is our continued support of our Agile PLM customers–not just for today, but for a lifetime, as part of our Oracle Lifetime Support Policy. Our customers enjoy the benefits of the industry’s most comprehensive support coverage, which provides major product and technology releases, 24x7 assistance with service requests, access to My Oracle Support including Knowledge Base, and much more. The Oracle Applications Unlimited program is Oracle's promise to continuously innovate it’s current applications while also delivering the next generation of Cloud applications. You also have access to Oracle’s product roadmap to plan upgrades, allocate resources, and secure budgets so you can tailor your business and IT strategy, enjoy reduced downtime, shorter upgrade cycles, and proven upgrade paths and methodologies. What we previously announced at Modern Business Experience was the continuation of our customer commitment with a new release model. In the past, we have delivered a new release of Agile PLM in a 9-12 month cadence. But we have switched from a waterfall development process with yearly releases to an agile sprint/scrum model for both Agile PLM and Oracle PLM Cloud. Agile PLM is now on a 2 month sprint cycle and we will release enhancements and bug fixes every 2 months in what we are calling “release roll ups” − this is very similar to what we called service packs in the past. Oracle PLM Cloud will now be on a 3-4 month sprint cycle with 3 or 4 code drops or releases per year. This change enables simplified development, quality assurance and faster innovation cycles. The end results − better code quality and support by enabling development and QA to focus “where it matters” in order to benefit our customers. But it is Not Simply an “Either” – “Or” Oracle provides a flexible path to the cloud. We make it easy to augment existing Agile PLM installs with added value from PLM Cloud: Adding Innovation Management capabilities in PLM Cloud to Agile PLM provides ideation, requirements management and traceability, and portfolio management. Adding Product Hub Cloud to Agile PLM provides as single unified item master to your existing PLM/ERP solution forming the digital foundation for a migration to your next generation PLM. Product Hub Cloud simplifies your product master data management (PMDM) practices and also bridges the gap between product development and the downstream processes while adding layers of governance. These appropriate out-of-the-box integrations are available. Yet, if you’re a net new Oracle PLM Customer, we suggest you onboard PLM Cloud directly for quick return on innovation. Together with our partners, we are well equipped to support our customers in any stage of their Digital Transformation. We have the migration tools to move from Agile PLM to PLM Cloud, and we have the integrations if you want to co-exist. Our partners have built extensions on the same platform and use our PaaS to handle advanced use cases: Inspirage has built a solution for Governance and Compliance, Kalypso has built an extension to manage recipe formulations, and XPLM has built integrations from PLM Cloud to MS Office and CAD such as SolidWorks, Creo, SolidEdge, AutoCAD, Inventor, CATIA, or NX – just to name a few. The guiding principles of Oracle’s adaptive PLM are openness and choice, added value for our customers, simplicity and ease-of-use. With our open architecture, you can perform easy integrations to cloud, legacy or third-party systems. We will, as always, continue to put you, the customer, first.   If you’re interested in learning what the analysts say about Oracle PLM Cloud, read this ebook written by top PLM analyst firm CIMdata or watch the video. For more information about Oracle PLM, check the Oracle PLM Website.  

The Need for Continuous Innovation New technologies, products, services and business models evolve, so Product Lifecycle Management (PLM) and product development must evolve, too. So, what is PLM and...

Manufacturing

Oracle Named a 2020 Gartner Peer Insights Customers’ Choice for Manufacturing Execution Systems

We are excited to announce that we have been recognized as a 2020 Gartner Peer Insights Customers’ Choice for Manufacturing Execution Systems for Oracle Manufacturing Cloud. Oracle takes great pride in this distinction, as customer feedback continues to shape the cloud solutions that we provide to manufacturers around the world. In its announcement, Gartner explains, “The Gartner Peer Insights Customers’ Choice is a recognition of vendors in this market by verified end-user professionals, taking into account both the number of reviews and the overall user ratings.” To ensure fair evaluation, Gartner maintains rigorous criteria for recognizing vendors with a high customer satisfaction rate.  Here are some excerpts from customers that contributed to this distinction: “Magnificent cloud platform. Enables [us] to work with a maximum agile method. Provides all necessary information to undertake the management of manufacturing and supply chain.” – Product Development Engineer, Manufacturing Company "The interface is simple, understandable and easy to learn. You can control every stage of the purchasing and production processes and see the analysis.” –  Purchasing Specialist, Manufacturing Company “We have migrated from EBS R-12 and whatever processes were there in EBS are present in [Oracle] Manufacturing Cloud. Moreover its user interface is much better and [more] attractive than EBS and users are happy.” – Head of IT, Manufacturing Company "It is very good product to manage and track the manufacturing operations. It is also a bridge between employees and suppliers as well. Implementation is very easy and technical support is good." - Product Development Engineer, Manufacturing Company Read more reviews for Oracle Manufacturing Cloud here. Oracle Manufacturing Cloud is a part of Oracle Supply Chain Management (SCM) Cloud – a comprehensive suite of supply chain applications that enables manufacturers to manage their supply chains with the scale, security, innovation, and agility that today’s companies require. Oracle SCM Cloud provides end-to-end technology that takes you beyond supply chain operations and into integrated business planning. We are very proud to be honored as a 2020 Customers’ Choice for Manufacturing Execution Systems. To learn more about this distinction, or to read the reviews written about Oracle Manufacturing Cloud by the business professionals who use it, please visit the Customers’ Choice announcement. To read about Oracle research recognition and being named as a leader in the Gartner 2019 Magic Quadrant for Manufacturing Execution Systems, see our Gartner Magic Quadrant for MES blog post. To all of our customers who submitted reviews, thank you! These reviews provide valuable feedback about our cloud solutions, and we look forward to building on the experience that earned us this distinction! If you have an Oracle Cloud story to share, we encourage you to join the Gartner Peer Insights crowd and weigh in.   Attribution and Disclaimers:The GARTNER PEER INSIGHTS CUSTOMERS’ CHOICE badge is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission. All rights reserved. Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

We are excited to announce that we have been recognized as a 2020 Gartner Peer Insights Customers’ Choice for Manufacturing Execution Systems for Oracle Manufacturing Cloud. Oracle takes great pride...

Oracle Cloud helps Titan International Transform into a Smart Connected Manufacturer

Oracle is proud to support manufacturing companies around the world with our agile and integrated cloud solutions. One of these companies is Titan International - an American manufacturer based in Illinois with a presence in over 15 countries. They manufacturer wheels and tires for agriculture, construction, and other off-road needs. Titan was struggling with having legacy enterprise resource planning (ERP) and supply chain management (SCM) systems that were expensive to upgrade and lacked flexibility and scalability. They saw the value in moving to a modern cloud solution and, after looking at a number of vendors, chose to standardize on Oracle for ERP and SCM as well as using Oracle Internet of Things (IoT) for monitoring shop floor operations and inventory.  “To better support our customers, we needed to move from multiple systems to a single platform that would give us better visibility into our business,” said Jeff Blattner, Director of IT at Titan International. “We wanted to standardize on an ERP system that could grow with us and ensure our systems are always up-to-date. Oracle Cloud Applications gives us access to constant innovation and enables us to benefit from emerging technology, such as IoT, to gain an advantage over the market.” In less than 12 months, Titan successfully implemented Oracle Financials, Procurement, Supply Chain Planning and Manufacturing Cloud at their Quincy, Illinois facility. They are now getting more timely and accurate information with better visibility into their operations and are seeing both cost improvements and quality improvements thanks to the Oracle implementation. Watch this video to hear more about why Titan chose Oracle Cloud for their financial and supply chain operations. For more information about how Oracle can help your business with modern, integrated cloud applications, visit oracle.com/manufacturing.

Oracle is proud to support manufacturing companies around the world with our agile and integrated cloud solutions. One of these companies is Titan International - an American manufacturer based in...

Events

Lean Manufacturing in the Cloud Success Story 

Oracle has seen thousands of manufacturers successfully move their enterprise resource planning (ERP) and supply chain management (SCM) applications to the cloud. The cloud gives you the combined benefit of being able to modernize your applications while also taking advantage of the security, scalability, and agility of cloud computing. Mecalac is a recent example. Mecalac is a construction equipment manufacturer based in France with operations in Europe and the US.  They specialize in construction equipment such as site dumpers, excavators and loaders.  After an acquisition in the UK, Mecalac realized they needed to update multiple systems in the UK facility to synchronize those operations with the rest of the company. They then wanted to standardize their business systems across all their facilities to enable greater flexibility and scalability across their operations as they moved toward more lean manufacturing.  They turned to Oracle Platinum Partner Inspirage for implementation expertise in deploying multiple mission-critical solutions, including Oracle ERP and SCM modules, in the Oracle Cloud.  The results were impressive, and we invite you to learn more about this lean manufacturing success story by joining us for a webcast on Tuesday, February 25 at 10am ET:  Enabling the Lean Enterprise with Oracle Manufacturing Cloud - A Case Study.  You’ll hear about what Mecalac learned in their move to the cloud, how long it took them to migrate, and the improvements they’ve achieved.   If you are considering a move to the cloud for your ERP or SCM applications, you should definitely plan to attend this live webcast event and discover how Mecalac was able to make it work.

Oracle has seen thousands of manufacturers successfully move their enterprise resource planning (ERP) and supply chain management (SCM) applications to the cloud. The cloud gives you the combined...

AI Apps for Manufacturing

Manufacturing Sessions and Demos at OpenWorld London

For those of you in Europe, we’ve got our OpenWorld London conference happening Feb. 12 and 13 at ExCeL in the heart of London's Royal Docks.  It will be a great opportunity for you to hear the latest about Oracle’s enterprise solutions, network with other executives, and learn how Oracle is innovating in the cloud. A big emphasis at our OpenWorld events is giving you an opportunity to hear from other companies on the lessons they’ve learned in moving to the Oracle Cloud.  For OpenWorld London, we’ve got 2 great manufacturers speaking. Mecalac is a European manufacturer of construction equipment including excavators and loaders and will be talking about the added flexibility and scalability they’ve achieved in the Oracle Cloud. Amtrol-Alfa is Europe's largest manufacturer of gas cylinders and will be speaking about their successful adoption of Oracle Manufacturing Cloud. Here are the details on these two manufacturing sessions: Enabling the Lean Enterprise - A Case Study with Mecalac [LHT1009-LON] Wednesday, Feb 12 | 14:10 - 14:25 | Arena D - Zone 5 In today’s rapidly changing business environment, companies must move faster in everything they do. Moving faster than the competition can be the difference between success and failure. New technologies are enabling companies to be digitally connected to their customers, products in the field, the shop floor, and the supply chain in ways never thought possible. This is helping them to achieve the industry 4.0 vision by innovating faster, providing better service to their customers, and increasing speed and efficiencies throughout their organizations. Come to this session to hear how Mecalac is using the latest technologies to become leaders in their industries and how you can enable a digitally connected digital enterprise to transform your business and prepare for the future. Update on Manufacturing with Insights from Amtrol-Alfa [LHT1073-LON] Wednesday, Feb 12 | 09:45 - 10:00 | Arena G - Zone 6 Oracle Manufacturing Cloud has been successfully deployed by discrete manufacturing customers around the world. Come to this session to learn how the first manufacturing product built specifically for and deployed in the cloud is helping customers improve their operations and their bottom-line performance. Hear about the latest features, along with the exciting features on the near-term roadmap.   OpenWorld London is also a great opportunity to get first-hand demonstrations of the latest Oracle technologies.  For manufacturing, we’ll have four demos available in London for you to learn more about how Oracle is at the cutting edge of innovation: Digital Supply Chain with Blockchain and Internet of Things [DEM1450-LON] Oracle's digital supply chain and logistic with blockchain and IoT solutions enable industrial businesses to increase operational efficiency, reduce supply chain costs, and unleash new business opportunities by leveraging Oracle's blockchain technology to establish trust in the global supply chain. Digital Field Service Delivers Better Customer Experience [DEM1452-LON] Learn how Oracle's innovative digital field service (DFS) solution for asset- and service-intensive industries represents a breakthrough in the ability to deliver an integrated platform to run a service business.  Smart Manufacturing for the Factories of the Future [DEM1451-LON] Oracle Smart Manufacturing is a comprehensive solution that addresses common manufacturing challenges while paving way for an Industry 4.0 future. This solution leverages Oracle products such as IoT, SCM, Big Data, Analytics, and AI. Integrated Business Planning and Execution (IBPX) [DEM1453-LON] Oracle Integrated Business Planning and Execution provides real-time supply chain visibility, adaptive demand management, responsible Sales and Operation Planning and helps a company to adapt quickly to changes in the demand by adjusting production, distribution and procurement.  We look forward to seeing you in London on Feb 12 and 13. It’s going to be a great conference!  

For those of you in Europe, we’ve got our OpenWorld London conference happening Feb. 12 and 13 at ExCeL in the heart of London's Royal Docks.  It will be a great opportunity for you to hear the latest...

Logistics

AlSafwa Cement Company Picks Oracle over SAP to Modernize Business Operations

Author: Eva Chen, Marketing Analyst at Oracle Oracle has been privileged to help thousands of manufacturers around the world improve their business operations and drive innovation. One recent example is the AlSafwa Cement Company.  Established in 2007, AlSafwa accounts for more than 7% of Saudi Arabia’s annual cement production. Strategically located 140 km north of Jeddah, AlSafwa is able to maintain geographical proximity to the country’s key cities and produces more than 4 million tons of cement per year.  AlSafwa was looking for comprehensive business solution to enhance their operational processes across supply chain, enterprise resource planning, inventory management and customer service. Their goals for a new core business solution included: Improving customer service Increasing transparency Minimizing IT infrastructure costs Providing high availability and maximum support for business systems They evaluated both SAP and Oracle solutions and ended up choosing Oracle Cloud as a single, unified cloud platform that could provide streamlined operations and in-depth reporting for all their commercial cement operations.  “We selected Oracle over SAP because of its superior product functionality, user-friendliness, and reporting capabilities for our cement business operations. In addition, the flexibility of Oracle Cloud enables us to rapidly add new modules as required, at a very low total cost of ownership.”  – Muhammad Bilal, Applications Team Leader, AlSafwa Cement Company AlSafwa is leveraging Oracle Supply Chain Management Cloud and Enterprise Resource Planning Cloud to optimize their supply chain and core business operations and estimates that they have reduced IT infrastructure costs by 60% by transitioning to Oracle Cloud.   For example, by using Oracle Inventory Management Cloud for handling 300+ customer shipments per day, AlSafwa is now able to capture all stock received, on hand, and dispatched, significantly improving inventory management. Their staff can now accurately inform customers of current cement stock availability and immediately notify them of any potential shipment delays.  For more details about how AlSafwa has transformed their business with Oracle Cloud, read the AlSafwa success story snapshot. For more info on how Oracle Cloud is helping other manufacturing companies around the world, visit oracle.com/industries/industrial-manufacturing/.

Author: Eva Chen, Marketing Analyst at Oracle Oracle has been privileged to help thousands of manufacturers around the world improve their business operations and drive innovation. One recent example...

Manufacturing

The Technologies Enabling Hyper-Personalized Manufacturing

Guest Author: Surya Kommareddy As customers, we always desire for things to be more personal to us, better suited to our unique needs, and work exactly as we want. We already see lots of customizable products and services on the market today, and this trend is only getting stronger. Examples include Nike and Adidas letting you customize your shoes, Zazzle allowing you to place an order for customized apparel, and many leading car manufacturers offering a wide variety of features when purchasing a car. This hyper-personalized vision is happening more and more as technological innovations enable more flexible manufacturing, allowing companies to profitably provide customers with exactly what they want. Industry 4.0 The clear trend today is customers demanding ever more product variations and rewarding those companies that provide personalized offerings. But customization at mass production levels is a huge challenge for manufacturers. Rigid production lines, inflexible manufacturing processes, and inability to tap into customer needs and dynamically manage production are some of the limiting factors to achieving these personalization demands.  Fortunately, the current Industry 4.0 era has brought us transformative technologies such as cheaper sensors, Internet of Things (IoT), cloud computing, machine learning, digital twins, augmented reality, and autonomous robots. These and other innovations (such as 3D printing) are enabling manufacturers to increasingly adapt to meet the mass customization demand. Aided by these advanced technologies, manufacturers are going through a digital transformation of their business, changing the way they operate, produce, and respond to ever-increasing customer demands. Going Beyond Traditional Automation Manufacturing firms have been adopting automation as a way to increase their productivity, maintain quality, and to deliver products at an ever-increasing rate. Boston Consulting Group (BCG) predicts that advanced robotics will grow from 2%-3% adoption to about 10% adoption in the next decade. BCG says, “Combining advanced robotics with other technologies, process enhancements, and structural layout changes can yield savings of up to 40%.”  The Industry 4.0 transformative technologies combined with advanced manufacturing automation is enabling manufacturers to greatly enhance their existing operations. The ability to realize fine-grained operational oversight, flexible manufacturing flows, rapid response systems, and direct connectivity of smart factories with its customers and suppliers is essential to realize hyper-personalized manufacturing.  With the advanced digital technologies available today, manufacturers can become more agile and responsive by tightly integrating their manufacturing operations into business systems for fine-grained operational oversight and control, dynamically reconfiguring production systems based on demand, and efficiently managing supply chains.  Collaborative and autonomous robots are key to achieving the flexible operations desired in personalized manufacturing. With more sensors embedded in machinery, tooling, and operator wearables, more data is now available for real-time monitoring and achieving AI-driven predictive insights to improve operations. All these transformative technologies are enabling the versatile factories of the future and driving the trend toward hyper-personalized manufacturing. In my next post, I'll share some demonstrations of hyper-personalized manufacturing and discuss the advanced technologies that make these demos possible. For more information about how Oracle is developing best-of-breed manufacturing solutions that leverage technologies like IoT and machine learning, go to oracle.com/industries/industrial-manufacturing.

Guest Author: Surya Kommareddy As customers, we always desire for things to be more personal to us, better suited to our unique needs, and work exactly as we want. We already see lots of customizable...