Artificial Intelligence - Infused Oracle Advanced Supply Chain Planning: Revolutionizing Supply Chains for Maximum Efficiency
Tuesday, June 18, 2024 11:15 AM - 12:15 PM
PDT
Milano V (Promenade Level)
E-Business Suite
Business Use Case
All Industries, Technical/Functional
Lecture, User / Customer
Manufacturing
In intricate world of supply chain, Oracle Advanced Supply Planning (ASCP) has been an indispensable tool. For small-sized companies, generate daily 800+ suggestions for planners, executing these becomes an impractical task. Increased headcount seems only solution, but amidst this challenge emerges a game-changing alternative Artificial Intelligence (AI). Here we archived ASCP execution data & AI model is plugged in, followed by training and testing AI model. Then deployed for pilot parts to make decisions on behalf of user. Our innovative product for ASCP slashes manual workload for planners and achieves 80% accuracy, streamlines operations, potential 50% workload reduction and 5% to 10% inventory reductions by on-time execution of ASCP exceptions with AI.
Learning Objective 1: Helpful for manufacturing companies CIO, COO, CEO, and material directors, to understand the value added of AI to the supply chain. This example breaks the traditional approach of managing business
Learning Objective 2: beneficial to functional consultant, CIO, IT directors, and solution architects to listen, brainstorm with various other alternative solutions, and fine-tune this approach as needed
Learning Objective 3:create business opportunity for ERP and AI space consultancy companies to develop such solutions for various business needs; this solution explains implementation plan, cost involved, and savings
