Background
A leading perishable food commodities company, known for promoting health through its brands, faced significant challenges managing a complex network of international brands, divisions, and production facilities. The company relied on various outdated on-premises systems, resulting in high maintenance costs and operational inefficiencies.
Business Challenges
Disjointed Processes : Multiple on-premises systems caused fragmented operations.
High Maintenance Costs : Outdated systems increased expenses and complexity.
Lack of Financial Visibility :Numerous general ledgers across divisions complicated accounting and reporting.
Supply Chain Management : Difficulty in managing logistics, manufacturing, and supplier onboarding.
Digital Transformation Strategy
The company decided to standardize processes and integrate finance, planning, and supply chain functions using Oracle Cloud Applications, including Oracle Fusion Cloud ERP, EPM, and SCM. The move aimed to support sustainable growth.
Implementation Approach and Solutions features
Initial Migration : Transitioned Oracle Transportation Management workloads to the cloud to streamline logistics. This facilitated a seamless migration, ensuring minimal disruption.
Standardization : Adopted a global chart of accounts using Oracle Cloud ERP for improved financial visibility. A tailored chart of accounts developed to unify diverse financial processes.
Supply Chain Optimization : Implemented Oracle Cloud SCM to balance supply and demand, and improve logistics. Our Oracle experts employed advanced analytics to forecast demand and optimize supply chain operations.
Financial Automation : Streamlined financial processes with Oracle Cloud ERP, integrating supply chain functions for simplified accounting. Advisors automated repetitive tasks, enhancing efficiency and accuracy.
Results
Cost Savings : Reduced total cost of ownership by millions of dollars.
Efficiency Gains : Cut financial planning time by over 35% and optimized the supply chain.
Financial Planning : Time reduced by over 35%.