Manufacturing Industry

Idea to Commercialize Process in Product Lifecycle Management for Manufacturers involved in R&D or Engineer to Order. Below are the solution areas of Oracle in Fusion PLM:

Innovation Management: Capture and evaluate ideas, develop detailed product concepts, and prioritize projects based on business goals.

Product Develop: Design and engineer the product, create, and test prototypes and collaborate with suppliers.

Commercialize & Product Management: Plan and execute product launch, manage product information and changes and handle end-of-life processes.

Product Structures: Create, manage, and revise BOMs to accurately represent product structures. Work definitions to manage resource and operations required for tracking and cost calculations in Manufacturing Cloud.

Mixed Mode manufacturing system to support both discrete and process manufacturing, while also enabling the digital management of contract manufacturing and outsourced operations with detailed traceability. Efficient production planning is achieved through work order management, allowing for creation, scheduling, and tracking of production activities. Additionally, the ability to design manufacturing plants using work areas, work centres, and operations helps in optimized production processes.

Shop Floor Management: Monitor and control production activities in real-time for increased visibility by leveraging IoT Production Monitoring. Serialized Manufacturing for manufacturers requiring detailed product genealogy.

Inventory Management: Gain accurate and up-to-date information on inventory levels, locations, and status. Component Picking and efficient movement of inventory between locations. Manage inventory held on consignment from suppliers. Achieve inventory accuracy by performing physical and cycle count for shop floor and warehouses.

Quality Management: Achieve improved product quality and compliance throughout the entire supply chain. Develop and implement quality plans, specifications, and standards. Define inspection points, create inspection plans, and execute inspections. Manage corrective and preventive actions to enhance product quality along with Non-Conformance Management (NCR).

A holistic view of demand, supply, and inventory, enabling informed decision-making and improved efficiency.

Demand Planning: Accurately forecast customer demand to align supply with market needs.

Supply Planning: Optimize resource allocation and production schedules to meet demand. Achieve Inventory Optimization by balancing inventory levels to minimize costs and avoid stockouts or overstocks.

Sales and Operations Planning (S&OP): Align sales, marketing, and operations functions for better decision making.

Unified platform for marketing, sales, service, and commerce, manufacturers can gain a 360-degree view of their customers and deliver personalized experiences. The solutions will support the transition from product-centric to service-centric business models.

Sales: Handle complex product configurations and generate accurate quotes quickly using Configure-Price-Quote (CPQ). Equip sales reps with mobile access to customer data and sales tools. Manage Leads, Opportunities and Sales performance management.

Commerce: For manufacturers with online presence, create engaging online shopping experiences, manage product catalogues, pricing, and process orders efficiently.

Service: Manage product warranty claims and repairs, field service optimization by improving technician utilization and travel time through intelligent scheduling and analyse customer feedback to identify areas for improvement. 

Configure to Order: Handle custom product orders along with Assemble to Order and Make to Order process for Production.

Order Promising: Provide reliable order delivery dates based on inventory availability and production capacity. Determine alternate sources of fulfilment and product substitution to achieve higher levels of customer satisfaction.

Order Fulfilment: Coordinate order fulfilment activities, including picking, packing, and shipping to achieve higher levels of On-time fulfilment, reduce backorder percentages and efficient credit management with Order level checks.

Pricing Strategies: Scalable pricing strategies with multi-currency support and discounts, cost-plus, shipping charges management.