This article Summarizes the Best Practices in a Process Manufacturing Industry, which can be achieved by implementing Oracle Process Manufacturing (OPM) Solution. OPM is part of Oracle E-Business Suite of Applications
Business Challenges in a Process Industry
The following two critical Challenges faced by a Process manufacturing organization and the ways to address them using OPM are dealt with.
- Regulatory requirements
- Operational excellence
How to address Regulatory requirements
Regulatory requirements in a Process manufacturing industry can be achieved by implementing the following best practices.
Track your Materials efficiently so that they can be recalled at any point in time during the manufacturing process. This can be achieved by leveraging OPM features shown in the figure below. These features not only enable your organization to track your Materials but also address your Regulatory and Compliance requirements.
Create precise control over the Inventory and Manufacturing Process
Achieve precise control over your Inventory and Manufacturing process by
- Tracking the movement of the materials between your Inventory warehouse and your shop floor
- Scale production batches up or down to meet the changing demand.
- Update production raw material issue and inventory receipts in real time and track Inventory items precisely
Implement Detailed Classification of Item & location
Enable Lot Control on an Item for easy traceability
Enhance Real Time Data collection
Enhance your data collection on the formulations and recipes by adopting real time data collection thru RF hand held devices which can push data into your OPM system while you are
- On the Shop floor
- In the Warehouse
- In the Loading Dock
Leverage Oracle Built-in Device capability and Operators Workbench
OPM Built-in Mobile Interface
Manage Product consistency
Any Process manufacturer has to ensure that the product that is developed is consistent over its entire life cycle to meet Customer satisfaction. Any deviation in this will not only lead to customer complaints bus also compliance violations. Strict compliance requirements of products can be addressed by enhancing the quality monitoring procedures of your Product development. The following features (shown in the table below) of OPM solution can help you control the quality of Products manufactured by your organization and also meet your compliance requirements.
Leverage OPM’s Integrated Quality Management
Integrate quality checks in production process using Automated sampling and approval workflow
How to Achieve Operational excellence
Achieve Operational excellence by maximizing Production efficiency
Use following OPM Process Execution and OPM Production Scheduler features (show in table below) to increase your Operations efficiency
Optimize Cost & improve margin by using following OPM Cost management features
- Capture precise product costs and monitor actual product costs
- Optimize product cost structure by minimizing ingredient costs
- Use Multiple cost methods and improve inventory valuation
- Conduct detailed cost analyses for current and historical purchased material costs, applied resource costs and batch costs