For any business or manufacturing shop, predicting the fluctuations in demand and ensuring you have enough supply to meet these needs is a tricky feat. Oracle’s host of cloud apps and features have been updated to bring more functionality to organizations. The release of Oracle R13 debuted a significant facelift for supply chain cloud and associated solutions like demand and supply planning. Let’s take a closer look at the advancements that Oracle R13 brought to its demand and supply planning capabilities:
The new update will enable organizations to improve productivity and optimize resource investments. Oracle R13’s demand and supply planning features will help organizations quickly determine the best production schedule while considering capacity and due dates. The system enables users to view resource and material requirements in the context of demand on a time-bucketed basis, identifying supply and resource bottlenecks. These capabilities will improve shop floor performance by minimizing setups, reducing downtime and empowering shops to quickly identify and solve problems.
Work order prioritization
It can be difficult to manage multiple orders at a time and ensure that each of them live up to customer expectations. Organizations must be able to predict delivery and reliably meet their deadlines. By modeling supply chain constraints, it will be easier to make accurate and reliable promises. Comprehensive backlog management offered within demand and supply planning will enable shops to respond to changing conditions and prioritize work orders effectively. Planners can decide whether to release an entire work order or a portion, keeping customers happy and building a reputation as a reliable business.
Demand signal management
Organizations collect a significant amount of information regarding demand and what will be expected in the future. It can be difficult to analyze this data using legacy tools. Oracle R13’s additions to demand and supply planning provide comprehensive analytics and visualization tools for businesses. These systems summarize conditions and show which segments are outperforming or underperforming. With these insights, manufacturers can make critical decisions in focusing on specific products or customers.
Companies can also use this data for forecasting models. Oracle R13 offers more forecasting models than in Planning Central, enabling organizations to experiment and foresee a variety of scenarios. With all of these tools available, businesses can better manage demand throughout product life cycles and ensure the supplies are available to meet these needs.
Oracle R13 has added a number of other new features to its demand and supply planning cloud. Plan performance monitoring, collaboration through notes and configure to order forecasting will help organizations account for historical trends, evaluate their current strategy and bring stakeholders together into a well-oiled unit. Inspirage can help you deploy Oracle’s new features along with other ERP and SCM solutions within 90 days. We are experienced in solving business-critical challenges from design to delivery and will provide solutions that link product lifecycle management, supply chain management and logistics management. To learn more about Oracle’s newest cloud-based features and how they can benefit your business, contact Inspirage for a consultation today.