Outsourced manufacturing and market dynamics are just a few of the challenges facing the high tech manufacturer. Forecasting demand is critical to success, and the supply chain complexity dictates that the best tools are needed to manage the business. The pace is fast, the competition tough, and the scope is global.
DAZ Systems, Inc. is the premier partner for your High Tech Solution. High-tech companies are faced with many issues in the current business environment—such as the ongoing oil situation, which will affect manufacturing and shipping, but also including rising customer expectations, shrinking margins, and industry mergers and acquisitions on both the demand and supply sides of the business. Now, in addition to dealing with supply constraints, choosing the right outsourcing partner, and deciding how much design to outsource, high-tech manufacturers must focus on providing four key elements: a recognized brand, product innovation, end-customer relationships, and a sales channel. Achieving operational efficiency is key in achieving these challenges; consequently, companies are looking for ways to streamline and rationalize their business processes and systems.
Business Flows
The DAZ/Oracle High Tech solution is tailored for the High Tech industry specifically to include industry best practices and supporting business flows for High Tech. These are the models of business transactions representing leading business practices. Business flows enable the customer to relate their business requirements to the Oracle Application solution functionality.
Key Business Processes
Provide supply chain visibility. Given the prevalence of outsourced manufacturing and third-party logistics providers, the supply chain has become complex. Oracle’s ERP system allows visibility across the entire supply chain and gives management the information to make decisions quickly.
Identify trends and create forecasts. DAZ utilizes the Oracle products and Oracle Business Accelerators (OBA) to provide a variety of views into data about distributors, suppliers, and vendor-managed inventory, customer and channel forecasts, and business performance metrics. This enables business decision-makers to pull data together for an integrated view of the business—using virtually any analytical tool—and understand the changing demand models.
Provide foreign subsidiary consolidation. Most high-tech companies have overseas operations and need to handle multiple currencies, produce reports, and consolidate back to the U.S. books. Oracle’s ERP system supports all of this activity with GAAP reporting and Sarbanes- Oxley compliance for public companies
Simplify revenue recognition/deferred revenue. Most high-tech companies have complex revenue recognition requirements, including deferrals of revenue. Oracle’s ERP system allows tracking of support contracts, installation, and items bundled with software.
Provide customer install-base visibility. Enable users to instantly respond to customer needs in terms of warranty validation, service calls, support questions, and spare parts needs. Enrich the customer experience with each successive call, creating long-lasting relationships.
Provide serialization and tracking. Identify parts at the component or finished goods level by serial number, providing full visibility for various management reporting requirements of product configurations.
Business Drivers
- Outsourced Manufacturing (Contract Manufacturer, 3rd Party Logistics Provider) Model
- Supply Chain Visibility
- Visibility into CMs
- Forecast / Demand Management
- Revenue Recognition / Deferred Revenue
- Integration—PLM / CM / 3PL
- Financial Management / Consolidation / Revenue Management
