Oracle Demonstrates Continued Supply Chain Success with More Than 500 Customers Choosing Oracle Advanced PlanningCustomers Across Industries Save by Reducing Planning Cycle Times And Inventory with Oracle Advanced Planning Products REDWOOD SHORES, Calif., May 5, 2003 -- Oracle Corporation (Nasdaq: ORCL), the world's largest enterprise software company, today announced that more than 500 companies are using Oracle Advanced Planning to obtain complete visibility across their entire supply chains for increased operational efficiencies and effective collaboration with partners and customers. In today's difficult economic climate, companies from a variety of industries are turning to their supply chains to improve margins, cut production costs, and increase customer satisfaction. From high tech and consumer packaged goods to industrial manufacturing, telecommunications, and aerospace and defense, Oracle Advanced Planning is serving industry-specific needs for a broad range of worldwide customers, including Alcatel e-Business Networking (Alcatel eND), Anugrah Argon Medica (AAM), Cabot Microelectronics Corporation, California Eastern Laboratories, Canon Virginia, Inc. (CVI), Elitegroup Computer Systems, Interceramic, Intersil, Knowles Electronics, and Tube Investments. Canon Virginia, Inc. (CVI) Canon Virginia, Inc. (CVI) is the primary production facility in the United States for Canon USA, Inc., producing copiers, laser beam printers, toners, molded parts, metal stamped parts, and toner cartridges. Prior to Oracle, CVI's prior planning system lacked system compatibility and required costly maintenance. CVI was also challenged with achieving a balance between supply and demand while reacting to constant business condition changes. After re-evaluating its laborious planning processes, CVI replaced its former planning solution with Oracle Advanced Planning across three inventory organizations. As a result, the company was able to eliminate high inventory levels and move from weekly to daily planning cycles. "In order to maintain our global market position, it is essential for us to stay connected to our suppliers, customers and manufacturing plants. Oracle Advanced Planning has allowed us to increase our process efficiencies by 10 percent and better serve our customers and partners with real-time planning capabilities," said Clair Walizer, senior developer and analyst for Canon Virginia, Inc. "CVI now operates on an integrated planning model enabling us to accomplish the short-term details while fulfilling our long-range business goals." Intersil Oracle Advanced Planning enabled Intersil, a leader in the development of wireless networking and high performance analog solutions, to decrease the time required to collect data for analysis and planning from ten hours to 20 minutes. In addition, Intersil's response time to incorporate dynamic changes along the supply chain has been reduced from two weeks to 24 hours. Utilizing Oracle Advanced Planning along with other applications from the Oracle E-Business Suite, Intersil expects to realize a return on investment of 246 percent over the next five years. "The ability to respond to customers quickly and effectively is irreplaceable in this stringent marketplace. With Oracle Advanced Planning, we now have the functionality to match market needs and customer demand to production capabilities, effectively aligning our resources to deliver on the promises we make to our customers," said Don Cross, senior services manager for Intersil. "From the creation of semiconductors to wireless networking solutions, Oracle's planning application ensures that we are not guessing about the status of inventory availability and allows us to make informed decision and timely responses to our customers and partners." Knowles Electronics Knowles Electronics is a leading supplier of transducers and receivers for the hearing-aid industry. Prior to Oracle, each of Knowles' eight plants around the world was using different procedures and software systems, preventing management from understanding company-wide performance. After evaluating systems from SAP and others, Knowles selected the Oracle E-Business Suite to implement standard controls over all divisions and streamline inter-division inventory transfer. As a result of implementing Oracle Advanced Planning, Knowles has enhanced company-wide productivity and efficiency, reduced inventory costs by $1 million a month, and improved customer delivery scheduling. "Before Oracle, we would cut a purchase order against another plant and hope it shipped on time," said Randy Kjell, senior director of IT for Knowles Electronics. "It might be that both England and Chicago put demand on Malaysia for the same parts for the same time frame, but we wouldn't know which order had priority. Three or four weeks of safety stock was hidden in every location. The visibility we now have gives us the ability to see the entire supply chain and all the inventories, helping us reduce inventory by more than a million dollars per month." With more than 15 years of planning expertise and constant feedback from its customer advisory board, Oracle continues to provide the industry's most comprehensive planning solution. Oracle Advanced Planning provides closed loop planning, execution and collaboration that significantly reduces planning cycle times and improves a company's ability to adapt to changing business conditions. Leveraging Oracle Advanced Planning's unique database-centric architecture and rapid implementation, the product provides high scalability and reliability at a low cost of ownership. Oracle Advanced Planning will be among the products demonstrated at Oracle AppsWorld Europe, taking place at the ExCeL Center, London, UK, from June 23-26, 2003. For further information about Oracle AppsWorld Europe, visit http://www.oracle.com/appsworld . Oracle Advanced Planning, part of the Oracle E-Business Suite, is available for traditional deployment or delivered as an outsourced service. For more information, customers may contact Oracle Direct at 1-888-672-2534 or their Oracle sales representative. About Oracle Corporation Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com. Trademarks Oracle is a registered trademark of Oracle Corporation and/or its affiliates. SOURCE Oracle Corp. |