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Oracle ASCP Introduction | Advanced Supply Chain Planning Demo
The time period end-object refers back to the finished true or saleable product. End-object-level substitution is a suitable commercial enterprise exercise in many industries. It is regularly viable to satisfy client demand on time when the requested object is not available by means of substituting a more functionally rich product. Substitution is also completed to deplete present stock of older, functionally equivalent items.
ASCP lets in users to carry out holistic planning by using deliberating a couple of groups in an EBS instance where MRP plan considers simplest one inventory company and a couple of plans needs to be created for multiple agencies. ASCP lets in constraint making plans thereby contemplating supplier, agency capacity whereas MRP handiest helps unconstraint making plans.
Continuous collections process: The continuous collections system is an automatic technique of statistics series that efficaciously synchronizes the information on the planning server with the aid of searching up the sources. If you choose non-stop collections, the machine robotically determine the kind of collection that desires to be run on entities decided on by means of you. The non-stop collections system collects records from the assets with the least person intervention. The Continuous Collections concurrent software performs continuous collections.
Oracle Advanced Planning Suite has a issue architecture that separates the transaction records and associated processing (as an instance, inventory receipts and order entry) in a source instance from the making plans calculations completed in a vacation spot example. This permits making plans calculations to be carried out on a distinctive bodily gadget than the gadget that performs transactions and effects in higher machine response. It additionally allows planning calculations (call for planning, inventory planning, supply making plans and order promising) to be carried out simultaneously to records from throughout more than one supply times, thats beneficial while transaction information for a global deliver chain is unfold throughout a couple of times.
Demand portions which might be pegged to planned order elements are considered in internal precedence order. Demands with better inner priority get the primary opportunities to soak up to be had resource and material capacities; demands with lower inner priorities can simplest use ultimate aid and fabric capacities and are consequently more likely to be satisfied late.
Oracle SCM Interview Questions and Answers
I use Total Annual Cost equation:
TC = DC + (D/Q)*S + (Q/2)*H
TC = Total annual cost
C = Cost per unit
S = Cost of placing an order or setup cost
H = Annual holding and storage cost per unit of inventory
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Have you used economic order quantity [EOQ]?
It’s a quantitative inventory model that I have used to find the most economic quantity to order based on cost and demand factors.
If C=Carrying cost per unit per year; F=Fixed cost per order; D=Demand in units per year; Formula for Economic Order Quantity= ((2 × F × D)/C) (1/2)
Few benefits of Demantra Implementation?
Demantra implementations result in: