Addressing 3 Common Scenarios with ERP Data | More4apps

Mitigating Supply Chain Disruptions in your Oracle ERP

Addressing 3 Common Scenarios with ERP Data

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Mitigating Supply Chain Disruptions in your Oracle ERP

As long lead times, high costs, and low inventory continue to plague businesses, being ready to pivot rapidly is crucial for minimizing disruption and avoiding profit loss. 

To align with market shifts, companies are implementing changes that include widespread price and cost adjustments, sourcing from new suppliers and locations, and using alternate warehouses to get products in customers’ hands faster.

Each of the above scenarios requires modifying mass ERP data in a short amount of time. However, Oracle’s ERP data management tools are complex, hard to use, and difficult to tailor to your needs. Most processes are clunky and slow and, with employees making edits manually, errors frequently occur—causing even more business disruptions. 

These Oracle tools prohibit the agility today’s market requires. This is where our software thrives, allowing users to easily and securely upload and update ERP data via an intuitive Excel-based interface. 

Companies that use our solutions are better equipped to manage and react to supply chain disruptions and business strategy changes. Below, we explore three common scenarios where we assist businesses in efficiently completing and validating major ERP updates.

1. Bulk Price and Cost Changes on Items and Materials

Our EBS Toolboxes, Price List Wizard, and Item Cost Wizard, help businesses manage constant price and cost fluctuations. 

Price List Wizard enables the maintenance of price lists and agreements without manual entry. Users download pricing information from Oracle Customer or Vendor Price Lists into Excel and update the relevant information all at once, utilizing formulas and other familiar Excel features. 

Users can filter to only include current and future effective prices on items and apply end dates to current pricing wherever needed. 

Item Cost Wizard eliminates days of effort involved in performing regular cost updates to a business’s entire inventory using Discrete Standard Costing, particularly for currency conversion and highly variable raw materials such as oils or metals. Instantly filter for the Cost Elements or Sub-elements you want to work with and build multiple-cost data for planning and analysis. 

From re-pricing items to uploading updates for what-if analysis, our Wizards provide efficiency and accuracy. For warehouses operating with Average Costing methods, such updates are completely covered in our Material Transaction Wizard

2. Large Procurement Shifts on POs

Across industries and businesses, procurement strategies have shifted dramatically in the last few years, with ongoing adjustments to match customer demand and material availability. 

As our customers have brought on new suppliers and increased near-shore purchasing, our EBS Purchase Order Wizard, Supplier Wizard, and Cloud Procurement Module have proven beneficial.

The Supplier Wizard allows EBS users to rapidly deactivate, consolidate, and set-up new supplier locations, performing mass updates in seconds. Users can import and combine  information from multiple sources using the familiar Excel spreadsheet interface, then re-upload automatically validated data to Oracle with ease. 

Once the alternative supply locations are added, buyers can use EBS Purchase Order Wizard to shift procurement in bulk to closer locations, countering supply shortages. 

Buyers can create orders by importing external files or downloading from Oracle. The Excel functionality makes it simple to add new orders, add to existing orders, and closeout or cancel purchase orders in bulk. Buyers can also download open requisitions into Excel, easily sort order details, and create purchase orders for multiple vendors.

Likewise, customers with Oracle Fusion Cloud can use our ERP Cloud Toolbox Procurement Module to create and update purchase order and requisition data. As they shift procurement strategies, users can effortlessly close and cancel orders, lines, and schedules. 

Similar to our EBS Wizards, our ERP Cloud Toolbox products offer familiar and intuitive Excel functionality.

3. Sales Order Fulfillment from Different Locations

Another strategy we’ve seen customers deploy is using alternate warehouse locations to fulfill orders on time. Our EBS Sales Order Wizard helps companies download sales order information and adjust warehouses (along with scheduled dates or quantities if needed) on large numbers of existing order lines.

Commonly used for mass loading sales orders from customer partners, distributors, and external applications, Sales Order Wizard eliminates the time-consuming, repetitive labor otherwise involved in sales order entry and updates.

Helping Businesses Move Fast without Sacrificing Accuracy

No matter the task, our customers stay agile while maintaining trust in the quality of their data. With our software, users work with real-time Oracle data so nothing is out of date.

When updates are complete and uploaded back to Oracle, automatic pre-validation features let users locate and address errors immediately for higher data accuracy and reliability.

To learn more about how we enable rapid business changes, download our whitepaper or contact us now!