GE Power plans supply chains faster with Oracle
Energy technology provider uses Oracle Fusion Cloud Supply Chain Planning to replace spreadsheets, lift forecast accuracy, and support order delivery.
United States | Industrial Manufacturing
“Oracle Supply Chain Planning gives us new layers of functionality to our business. By having this power and flexibility, we’ve built efficient end-to-end supply chain processes that give us more visibility and bring value to the business.”
About GE Power
GE Power, part of GE Vernova, provides energy technology, solutions, and services across the energy value chain. The company serves customers in more than 150 countries and helps deliver energy for more than a third of the world.
Business problem: Fragmented systems slowed supply chain planning
GE Power managed planning across more than five ERP systems, legacy systems in 100 locations, and hundreds of spreadsheets and dashboards. Forecasting and demand management ran independently across teams, making it harder to compare demand signals, understand supply constraints, and respond when customer needs changed.
The company’s push-based planning approach didn’t always reflect actual demand. This contributed to higher carrying costs, missed sales, and rescheduled production cycles. With subdivisions using different forecasting methods, accuracy reached only about 55% at best.
Solution and results: One planning environment improves speed and accuracy
GE Power selected Oracle Fusion Cloud Supply Chain and Manufacturing and adopted Oracle Fusion Cloud Supply Chain Planning to connect planning processes across the company. With Oracle Fusion Cloud Applications, GE Power could build on a common cloud applications platform for planning, reporting, logistics, and trade processes.
Oracle Fusion Cloud Supply Chain Planning became the foundation for improving forecasts, replenishment planning, capacity planning, and supplier management. The company brought demand forecasting into one place, virtually eliminated spreadsheet work, and consolidated 15 demand forecasting tools into one.
Forecasting that once took more than five days now takes half a day, and forecast accuracy improved from 55% to 70%. With supply and demand data in one planning environment, GE Power can run scenario modeling and what-if analysis before making planning decisions.
As part of its broader Oracle strategy, GE Power also uses Oracle Fusion Cloud Logistics to help supply chain teams coordinate logistics and cross-border trade so planned orders can move to customers in a timely, cost-efficient way. Oracle Fusion Cloud Enterprise Performance Management supports finance planning and reporting.
Partner
GE Power selected Trinamix as its implementation partner to help create a connected sales and operations planning process across new unit manufacturing and parts businesses.