Tuesday Mar 11, 2014

What MLB Season Scheduling Means to Your Supply Chain

For the entire history of Major League Baseball from its founding in 1869 until 2004, the game schedules were developed by hand.

Great strides in operations research were made in World War II with the adoption of linear programing techniques, and great armies and navies were deployed and supplied using the new science of operations research, but baseball scheduling was more complex than that, and still done by hand.  In the 1960s computing power exploded, with IBM placing powerful machines in most major corporations, but baseball scheduling was too hard, and it was still done by hand. Thirty years on, microprocessors brought down the cost of computing so that you could easily buy sixty-four or one-hundred twenty-eight, or two-hundred and fifty-six computers and set them all to working on the same problem. But the programmers still couldn't come up with a better schedule than Henry and Holly Stephenson could generate by hand.

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Wednesday Mar 05, 2014

Oracle Introduces In-Memory Cost Management Applications for Process and Discrete Industries

In 2013, Big Data” surpassed “Social Media” and “Mobility” as one of the most searched concepts on the Internet. Gerd Leonhard, a noted futurist, author and CEO of the Futures Agency, stated that Big Data’s economic and social importance will rival that of the oil economy by 2020. With the ever-increasing global adoption of smart phones, we are heading towards 5 billion connected devices. With the addition of other electronic devices such as sensors, wearables, and smart homes, that number is expected to grow to 50 billion by 2018. The amount of data being collected across all of these platforms is mind-boggling, and companies that realize the potential of what can be done with that data are breaking away from the pack. Those companies understand this potential and are now investing time and money into tools that can convert all that data into information that drives actionable insights. Oracle’s new In-Memory Cost Management applications for Oracle E-Business Suite offers those insights to for users in discrete manufacturing with Oracle In-Memory Cost Management for Discrete Industries and for users in process manufacturing with Oracle In-Memory Cost Management for Process Industries.

In today’s global manufacturing environment, manufacturers face a multitude of challenges due to regulatory compliance, stringent quality processes and increasing manufacturing costs. In order to accurately calculate margins and maximize profits, organizations must gather, maintain and analyze growing volumes of current and historical cost data. However, existing cost management solutions have not kept up with the exploding volumes of data across global manufacturing operations and various supply chains. To help solve this critical business need, Oracle has introduced Oracle In-Memory Cost Management for Discrete Industries for Oracle E-Business Suite and Oracle In-Memory Cost Management for Process Industries for Oracle E-Business Suite. Utilizing the extreme performance delivered by Oracle Engineered Systems, the new Oracle In-Memory Cost Management solutions are a combination of software and hardware that enables real-time insight across virtually all aspects of cost management, allowing organizations to maximize revenue, increase profits and optimize operational costs and working capital.

Oracle In-Memory Cost Management applications help businesses make decisions in time to capture the highest possible profits and margins, and to discover hidden opportunities to shrink operational costs. Cost accountants, operations, finance and procurement managers can use Oracle In-Memory Cost Management solutions to quickly perform what-if simulations on complex cost data and instantly visualize the impact of changes to their businesses. While existing cost management solutions often require long wait times for batch processes to complete on huge data sets, Oracle In-Memory Cost Management solutions run efficiently in real-time and come pre-built with critical analytical features including Cost Impact Simulator, Gross Profit Analyzer and Cost Comparison Tool.

Oracle’s Cost Impact Simulator and Gross Profit Analyzer help organizations maximize revenue and increase profits by:

  • Undertaking multidimensional cost analyses leveraging complex multi-level bills of material and routing data
  • Perform detailed ‘what-if’ cost simulations and timely analyses of costs and related inventory valuations
  • Easily assessing the impact of future margins including any potential downstream impact of unshipped orders and forecasted demand

Oracle’s Cost Comparison Tool enables users to quickly view and analyze the details of complex cost structures across multiple manufacturing locations so that businesses can reach timely decisions that allow them to identify the most profitable cost structures, simulate the enterprise-wide impact of cost changes and then propagate those savings across their enterprises. Oracle’s Cost Comparison Tool also helps businesses discover hidden opportunities to further shrink operational costs by processing and visualizing large volumes of cost element data quickly.

To help customers in discrete industries such as automotive, aerospace and defense, high tech and industrial manufacturing, Oracle In-Memory Cost Management for Discrete Industries’ transformational suite of applications allows businesses to drive strategic cost management objectives by maximizing gross margins and profits, optimizing product cost structures through minimizing component costs, creating profitable product mixes across their global operations and finding the right products to both increase penetration in existing markets and enter new markets. Oracle In-Memory Cost Management for Process Industries’ does the same thing for customers in process industries such as natural resources, life sciences, food and beverage, chemicals and consumer goods.

For more information on these products, please check out these links:


Tuesday Nov 26, 2013

CFOs and Supply Chain Executives: Vastly Different Priorities, But Very Closely Linked

By Jon Chorley, Chief Sustainability Officer and Group Vice President of SCM Product Strategy & PLM, Oracle

With the financial pressures that most organizations have had to navigate in recent times, the role of the CFO has been put under the spotlight. And as our global research study with Accenture pointed out, these pressures have seen the CFO’s role evolve from financial leader to corporate strategist and change agent.

In this expanded role CFOs are wearing many hats, but have you ever thought about how the goals of supply chain executives and the CFO are now intrinsically linked?

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A Blog about how Oracle helps organizations transform their supply chains into more holistic and integrated value chains that cover the three key operational pillars; Demand, Supply and Product.

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