To optimize decision making across its global supply chain, OEM Worldwide, a global supplier and manufacturer of medical, telecom and industrial products, implemented Oracle Rapid Planning.
With a complex global supply chain where product availability and customer demands cause constant changes, OEM Worldwide needed a fast, event-driven planning and simulation solution that could provide the visibility required to help improve customer service, and streamline supplier relationships.
After a competitive review of vendors, including Kinaxis and Synchrono, Inc., OEM Worldwide selected Oracle Rapid Planning to deliver actionable insights required to identify the most profitable decisions.
By leveraging the robust functional planning capabilities and simulation analytics in Oracle Rapid Planning, OEM Worldwide expects to improve the management of available resources throughout its global supply chain.
In addition, leveraging Rapid Planning integrations to Oracle E-Business Suite, OEM Worldwide will be able to embed the real-time decision making into their existing processes enabled by Oracle E-Business Suite and Oracle’s Agile Product Lifecycle Management.
On the first day after implementation, OEM Worldwide was already able to simulate multiple options for fulfilling a customer request and respond back to them within a few hours, down from a typical 24 hours in past.
Among other business benefits, with the implementation of Oracle Rapid Planning, OEM Worldwide anticipates it will recognize a reduction in inventory levels, decrease in expediting costs, and improved order acknowledgment time.
“With our fast-paced and dynamic global supply chain, it is absolutely necessary that we have the ability to rapidly identify and adapt to changes in supply and demand to provide the service our customers expect,” said LeRoy Broesder, vice president supply chain, OEM Worldwide. “With Oracle Rapid Planning, we have better visibility into our global supply chain and the insights required to make informed and profitable decisions. This provides us with superior agility in the face of unexpected market and resource fluctuations.”
About OEM Worldwide
OEM Worldwide, LLC operates as a mid-sized electronic contract manufacturer in the United States. The company specializes in medium volume PCB assemblies and box build for products for medical, telecom, and industrial applications. It also provides engineering, manufacturability review, original equipment design, production test development, depot/warranty repair, box build, design engineering support, and electrical/mechanical design services. The company was founded in 1989 and is based in Watertown, South Dakota.
About Oracle OpenWorld
Oracle OpenWorld San Francisco, the information technology event dedicated to helping businesses optimize existing systems and understand upcoming technology breakthroughs, draws more than 45,000 attendees from 117 countries. Oracle OpenWorld 2011 (oracle.com/openworld) offers more than 2000 educational sessions, 400 product demos, exhibitions from 475 partners showcasing applications, middleware, database, server and storage systems, industries, management and infrastructure – all engineered for innovation. Oracle OpenWorld 2011 is being held October 2-6 at The Moscone Center in San Francisco. Watch Oracle OpenWorld live on YouTube for keynotes, sessions and more at youtube.com/oracle.
Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Joan Levy, Blanc & Otus
P: +1.415.856.5110 / E: jlevy[.]blancandotus.com.