Oracle Financials provides accounts staff and senior managers with a holistic view of revenue and profitability across multiple locations. This enables them to identify which locations are the most profitable and make informed decisions about where to allocate staff and manufacturing resources.

The system also makes it easier to complete sales orders and compile and manage financial reports for the entire organization.
“We have reduced the time it takes to compile monthly financial reports from up to seven days to about one day,” said Ramakrishnan “This includes formatting that we need to do outside the system.

“Managers can even create ad-hoc reports in as little as one hour because they have centralized access to our financial data.”

Uflex Limited uses Oracle Order Management to manage sales bookings from its domestic and international customers, record key customer information, and manage price lists for its products, which change monthly. The centralized system provides managers with immediate access to key sales data from each subsidiary, so they can easily determine which manufacturing hub can serve customers best.

“This enables us to reduce the time it takes to transport products to our customers by up to three days,” said Ramakrishnan.
Monthly changes to product prices are automatically reflected in the system, which eliminates the risk that sales staff will quote an incorrect price to a customer. Sales staff also uses the Web-based ordering system to book an order when they are on the road or at home, which improves efficiency.

“Previously, some sales staff had a tendency to set aside orders and complete the transaction later, but now they have no excuse,” said Ramakrishnan.

“Our order pattern is less skewed and staff is not rushing at the end of the month, which means we have a steady stream of revenue coming in at the end of the month and can better organize our cash flow.”

Uflex Limited uses Oracle Inventory Management to manage purchasing material, packaging, tapes, plastic sheeting, waterproofing material, wooden fixtures, and other stock in its warehouses in Egypt, India, Mexico, and the UAE.
This enables the company to quickly and easily determine how much stock is needed to meet each production schedule and ensures raw materials are always available.

“We are no longer experiencing any downtime caused by certain raw materials being unavailable,” said Ramakrishnan. “At the same time, we are not locking up excess capital because we know our stock position at every warehouse. This has helped us reduce inventory costs.”

Uflex Limited’s manufacturing operations run all day, every day, and each production plant has particular requirements for raw materials. For example, each facility may require plastic chips with various ratings to produce films with different densities and thicknesses.

Oracle Process Manufacturing provides staff with complete visibility over raw materials that are required at every production plant, which helps streamline production planning.

“We can generate product orders at once, which creates more efficiency across our business,” said Ramakrishnan.
Oracle Purchasing provides managers with tighter control over the purchasing of raw materials from suppliers. The system enables the company to rate different suppliers based on past performance measures, such as price and delivery times, which helps staff determine which suppliers are in a position to offer the best service.“We record and compare the performance of a dedicated set of vendors, and that makes it easy for us to work out which suppliers we want to continue using in the future,” said Ramakrishnan.