Oracle Financials has reduced the time it takes for Masan Consumer Corporation’s accounts staff to compile month-end financial reports. Staff is able to consolidate profit and loss reports for the company’s seven branches across Vietnam and close monthly financial reports about 60% faster.

“Our month-end financial reports are closed in about six days, compared to more than 12 days previously,” said Thi Phuong. “We no longer need to manually import data from multiple departments.

“Our managers use the centralized system to easily gain instant access to financial data at any time, enabling them to create and analyze reports to make more informed business decisions, such as the best geographies to market certain products,” said Thi Phuong. “This also provides our investors with certainty that our financial information is as accurate as possible.”

Masan Consumer Corporation uses Oracle Inventory Management, Oracle Purchasing, and Oracle Order Management to improve its supply chain planning and management activities.

The integrated system enables production staff to easily check inventory levels of raw materials—such as the ingredients used to create sauces and other food products—as soon as the relevant data is fed directly from Oracle Purchasing.

Stock levels are updated on a real-time basis, providing staff with quick and easy access to consolidated, enterprisewide inventory information.

“Oracle Inventory Management provides production staff with a complete view of the types of food products and quantity of raw materials available at any given time, and it streamlines our production processes while eliminating waste,” said Thi Phuong. “This indirectly helps us maintain our revenue stream and increase our profitability.”

Managers can easily create a single inventory report quickly rather than spending hours collating information from multiple stock reports.

“The ability to quickly identify low stock levels has also improved our production planning, ensuring we can easily meet our customers’ requirements,” added Thi Phuong. “The online system also enables us to automatically generate invoices, significantly reducing the time it takes to deliver products to our customers.”

Masan Consumer Corporation uses Oracle Process Manufacturing to streamline production planning. The system provides production staff and their managers with fast access to data relating to the formulation for more than 100 sauces and noodle products while maintaining control over product quality, regulatory requirements, and production costs.

“Our product managers have quick access to manufacturing information and are able to review products coming out of our production line every day and effectively plan for further production runs,” said Thi Phuong. “This streamlined process has enabled Masan to increase productivity, and reduce time and resources to collect manufacturing data.”

Oracle On Demand’s 24x7 support and the availability of the My Oracle Support portal provides the company’s system administration staff with around-the-clock support for Oracle E-Business Suite. The Oracle On Demand team manages the company’s servers and configures, patches, and monitors its applications.

“Our application performance reports are readily available online, and we can easily log and track service requests,” said Thi Phuong. “Oracle On Demand adheres to ISO 270001 and ISO 27002 security and compliance standards, which reduces security risks.

“Every six months, we complete an Oracle On Demand disaster recovery test to ensure we can meet our recovery point and time objectives. These tests can be completed without impacting our primary production systems. This is crucial because our business operates around the clock,  and we can’t afford to have any downtime.

“With the Oracle On Demand service in place, we have had a low number of unplanned outages, and average system availability is 99.95%,” added Thi Phuong.