Process Manufacturing

Oracle Process Manufacturing (OPM) Costing combines detailed cost tracking features with flexible analytical tools to help process manufacturers determine their true product costs. OPM Costing supports Standard, Actual and Lot costing types to calculate costs and create reports to analyze data at the most granular level. Using Oracle Sub-ledger application, necessary accounting entries are created for all the transactions. OPM Costing is part of Oracle Process Manufacturing (OPM), an integrated suite of E-Business applications, which addresses specific needs of process manufacturers.

Overview of Work in Process

Oracle Work in Process is a complete production management system supporting discrete, project, repetitive, assemble-to-order, flow, lot based jobs, or a combination of manufacturing methods. Inquiries and reports give you a complete picture of transactions, materials, resources, costs, and job and schedule progress.

Manufacturing Support

  • Build discrete jobs, both standard and non-standard (prototype, rework, maintenance, and special projects)
  • Build lot based jobs, if Oracle Shop Floor Management is installed
  • Build project jobs, both standard and non-standard
  • Build repetitive schedules by production line/assembly
  • Build final assembly orders for configure-to-order
  • Complete assemblies without having to create a job or schedule

Production Scheduling

  • Load and sequence repetitive production by assembly and production line
  • Schedule start and stop times to the minute
  • Schedule fixed, variable, and overlap time elements
  • Use forward, backward, manual, and midpoint rescheduling
  • Update the master production schedule automatically

Material Control

  • Issue and return components from and to inventory
  • Replenish supply subinventories by item, job, or day
  • Backflush components automatically using operation or assembly completion
  • Generate bill of material requirements using standard and alternate bills and revisions
  • Select material for jobs and schedules using rules based picking
  • Modify job and schedule material requirements as required
  • Control engineering change implementation
  • Issue and build serial number, lot-controlled, and revision controlled components and assemblies
  • Serial control for components and assemblies
  • Scrap components and assemblies
  • Display on-hand and available to transact quantities during material transactions

Shop Floor Control

  • Move assemblies between and within operations
  • Use outside suppliers
  • Combine move and completion transactions
  • Charge resources and overheads automatically
  • Generate routing operations using standard and alternate routings and revisions
  • Modify routing operations as required
  • If Oracle Shop Floor Management is installed, use network routings, co-products, and lot splitting and merging

Resource Tracking

  • Charge labor, machine, and outside resources automatically or manually
  • Charge resources at standard, employee, or actual rates
  • Charge labor by resource or employee
  • View and report efficiency, usage, and transaction history

Costing

  • Cost discrete jobs using standard or weighted average costs
  • Track costs by product line