Making uncertainties in customs and trade predictable with a solution by PROMATIS
Denver, January 25, 2019 – In times of digitization and globalization, supply chain planning for companies is becoming increasingly complex. Many factors such as technological and economic developments, heterogeneous data landscapes or complex process environments influence the entire process of planning. However, the ever-shorter production and planning cycles and rapid information transmission require excellent concepts to integrate the diversity of information into valid planning. This is the only way to plan the effects of economic and political events in a predictive way. PROMATIS — Specialist in Intelligent Business Processes and Oracle Digitization Solutions — offers an integrated business solution with the help of the Oracle Sales and Operations Planning Cloud and will present the product innovation in a webinar on January 29, 2019.
It is not yet clear how Britain’s exit from the EU will take place. Several variants are possible and each scenario has different consequences, including impacts on UK customs legislation and on EU companies trading with the UK, both at the administrative level and in terms of the actual flow of goods.
This current case shows that global changes or potential trade wars affect the entire supply chain and business processes. As a module of the Oracle Supply Chain Management (SCM) Cloud, the Oracle Sales and Operations Planning (S&OP) Cloud provides intelligent support for complex supply chain planning with real-time data. The harmonization of the individual departments into a uniform planning process enables the implementation of a company-wide strategy. Product, demand and delivery planning can be optimally adapted to the financial and strategic goals of the company by means of a continuously forward-looking S&OP process.
With this intelligent planning solution, the consequences can be identified in a timely manner and appropriate measures can be initiated. In the case of Brexit, we see that companies fill their warehouses with spare parts or are looking for new suppliers in the EU area. At this point, the S&OP Cloud offers a way to simulate exactly these situations and visualize their effects. For example, rising production costs, short-term fluctuations in demand, or the opening of a new warehouse can be mapped and simulated using “what-if” scenarios.
If you are interested in a smart introduction to the profound use of the Oracle S&OP Cloud, you will have the opportunity to get to know the customized solution packages and innovative digitization concepts from PROMATIS in a free webinar on January 29, 2019.