Like most electronics manufacturers, the client sources components from overseas Electronics Manufacturing Services (EMS). These suppliers in turn acquire parts and materials from other suppliers, making the combined supply chain longer, less transparent, and more vulnerable to disruption. Adding to this complexity is the fact that most of the client’s products are highly configurable by customers seeking specific features or capabilities.
To manage this intricate supply chain the company used a combination of Oracle Enterprise Resource Planning (ERP) software and simple spreadsheets. Tracking availability and costs was not only slow and labor intensive but limited in functionality—out of thousands of parts used in a single product, a maximum of only 10 could be analyzed at once. And for suppliers, using the existing ERP solution was often difficult, leading to incomplete or inaccurate data.
These long-standing challenges became even more daunting in recent years as COVID-19, the war in Ukraine, and trade tensions with China impacted supply chains for manufacturers worldwide.
A limited view of a multi-layered supply chain
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Future
Replace aging applications that differed across divisions and subsidiaries
Reduce manual, disparate processes freeing up more resources for advanced analytics
Enable enhanced reporting and make it more widely available across the enterprise
Act with greater speed and agility to capture value in acquisitions
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Company-wide
opportunities
Process hundreds of thousands of transactions per month with greater efficiency
Reduce 10,000+ manual journal entries per period
Decrease >3-week close
Shorten the >3-month annual budgeting cycle
Provide better support for a growing e-commerce business
Control rising finance function costs and derive greater value
Finance
opportunities
Reduce 10,000+ manual journal entries per period
Decrease >3-week close
Shorten the >3-month annual budgeting cycle
Provide better support for a growing e-commerce busines
Control rising finance function costs and derive greater value
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Improve technical capabilities to keep pace with increased hiring needs
Reduce dependence on IT and tech resources for supporting and enabling continuous compliance with more than 800 collective bargaining agreements
Unify and automate workforce administration processes across the enterprise
Eliminate the need for employees to learn new systems and interfaces as they move from recruitment to training to managing benefit
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HR
opportunities
Before
Next
After
Adopting e2open software provides better visibility into supply chain activities across all tiers and allows the company to plan more effectively and adapt more quickly to shortages, price fluctuations, and other issues.
E2open’s scenario modeling capability makes it possible to envision a full range of specific supply chain events and evaluate their impact on revenues, procurement costs, working capital impact, and on-time customer delivery.
With some 300 suppliers connected via e2open so far, working capital waste and costs have already been reduced significantly, while millions in additional revenue have been generated through multi-tier supply allocation and scenario modelling.
Scenario modeling enables better planning, data, and reactions
Developed all the necessary processes to support a single, modernized digital platform serving the entire enterprise
Migrated 290,000 employees from legacy systems to Oracle Cloud
Increased insight-driven decision making across functions, driving performance and growth gains
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Company-wide
success
Decreased balance sheet reconciliations
by 85%
Achieved a consolidated retail and
corporate close within a shortened period
Reduced the types of P&L statements from 100+ to 4
Reduced operations costs across the board
Enhanced availability of data-driven insights that help to capture maximum value during acquisitions
Achieved a consolidated retail and corporate close within a shortened period
Reduced the types of P&L statements from 100+ to 4
Reduced operations costs
across the board
Enhanced availability of data-driven insights that help to capture maximum value during acquisitions
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Finance
successes
HR
successes
Deployed a custom application for union-rule processing enabling a single HCM platform to administer benefits to all employee populations under 800+ complex union agreements
Created a digital-first, digital anywhere experience resulting in higher employee engagement
Reduced new-hire onboarding time
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Reduced new hire onboarding time
Streamlined and improved the process integration of new employees post-acquisition
Integrate processes and technology across the employee lifecycle from recruiting through compensation and performance
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The client is working to connect the rest of its suppliers to the e2open network as well as adding minor functional upgrades.
Future e2open releases will enable new functions, including logistics visibility for tracking shipments, buy-sell management for procurement sourcing and discovery, and part shortage management accelerating purchase orders and freight.
Continue to enhance analytics-driven planning and forecasting
Optimize the supply chain
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Company-wide
vision
Achieve a continuous, virtual accounting close
Achieved a consolidated retail and corporate close within a shortened period
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Finance
vision
HR
vision
Establish a continual feedback-and-improvement loop based on quarterly HR reports from the field and deployment of new capabilities
Migrate payroll, benefits, and absence management to Oracle cloud for 2023
Insource benefits administration
More suppliers, added functions
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After
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Next