An honest Opinion of How Oracle Has Helped My Company

Currently it is being utilized by our Supply Chain Management and Finance groups. Supply Chain uses it mainly to track production throughout our manufacturing processes. Since we have many outsource commercial manufacturing organizations it is important to know which of our goods are at each location, and also the quantities of each on hand. We also like the visibility into each organization to see down to each lot level of each stock keeping unit we have. We also use it to create and maintain new purchase orders. This helps us give clarity into which accounts are being hit for each work order that is being performed by a vendor. It also is helpful in seeing how much money is left on a purchase order, and to see each specific invoices have been processed. This leads into where finance also works with procurement module because they approve and create each purchase order. They also use it for cost accounting but I am not an accountant and do not know the specifics behind that. We are also beginning to move towards implementing our own manufacturing module and demand planning.